U.S. Demand for Food: A Complete System of Price and Income Effects

Kuo Huang

No 157014, Technical Bulletins from United States Department of Agriculture, Economic Research Service

Abstract: This study develops statistical procedures using actual sample observations for estimating a large-scale demand system for foods. The result is a complete matrix of, all direct, crossprice, and expenditure elasticities for 40 food items and 1 nonfood item. The demand system illustrates the, interdependent nature of demand for foods at the disaggregated level and provides practical information for use in commodity forecasting and policy analysis.

Keywords: Demand and Price Analysis; Research Methods/Statistical Methods (search for similar items in EconPapers)
Pages: 60
Date: 1985-12
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Citations: View citations in EconPapers (57)

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Related works:
Working Paper: U.S Demand for Food: A Complete System of Price and Icome Effects (1985)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerstb:157014

DOI: 10.22004/ag.econ.157014

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