AGGREGATION OVER CONSUMERS AND THE ESTIMATION OF A DEMAND SYSTEM FOR U.S. FOOD

Cesar Falconi and Benjamin Senauer ()

No 14021, Staff Papers from University of Minnesota, Department of Applied Economics

Abstract: This paper estimates a complete demand system for food for the United States using an extension of the Almost Ideal Demand System (AIDS) with household and aggregate data. The major purpose is to explore the implications of aggregation over consumers. Empirical evidence, based on data from the 1980-87 Continuing Consumer Expenditure Surveys, shows that the regression results and demand elasticities of the household and aggregate models and data can be very similar. Further results reveal factors which affect the similarity of the household and aggregate estimates.

Keywords: Consumer/Household Economics; Demand and Price Analysis (search for similar items in EconPapers)
Pages: 30
Date: 1991
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/14021/files/p91-38.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:umaesp:14021

DOI: 10.22004/ag.econ.14021

Access Statistics for this paper

More papers in Staff Papers from University of Minnesota, Department of Applied Economics Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().