The Effects of Relative Price and Health Information on Derived Demand for Sweeteners in the U.S. Food Processing Industry

Getu Hailu, Rawlin Thangaraj and John Cranfield

No 6835, Consumer and Market Demand Network Papers from University of Alberta, Department of Resource Economics and Environmental Sociology

Abstract: The purpose of the study is to examine the differential effects of relative prices and diet-health link information on the degree of substitution between corn and cane sugar in the U.S. food processing sector. Our results suggest that the nature of the relationship between cane and corn sugar is complementary and time-varying; and the elasticity of substitution is more responsive to changes in relative prices than to changes in health information.

Keywords: Demand and Price Analysis; Food Consumption/Nutrition/Food Safety (search for similar items in EconPapers)
Pages: 24
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ualbnp:6835

DOI: 10.22004/ag.econ.6835

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