Economics at your fingertips  

A meta-analysis of the price and income elasticities of food demand

Fabienne Femenia ()

Working Papers from HAL

Abstract: Food demand elasticities are crucial parameters in the calibration of simulation models used to assess the impacts of political reforms or to analyse long-term projections, notably in agricultural sectors. Numerous estimates of these parameters are now available in the economic literature. The main objectives of this work are twofold: we seek first to identify general patterns characterizing the demand elasticities of food products and second to identify the main sources of heterogeneity between the elasticity estimates available in the literature. To achieve these objectives, we conduct a broad literature review of food demand elasticity estimates and perform a meta-regression analysis. Our results reveal the important impacts of income levels on income and price elasticities both at the country (gross domestic product-GDP) and household levels: the higher the income is, the lower the level of elasticities. Food demand responses to changes in income and prices appear to follow different patterns depending on the global regions involved apart from any income level consideration. From a methodological viewpoint, the functional forms used to represent food demand are found to significantly affect elasticity estimates. This result sheds light on the importance of the specification of demand functions, and particularly of their flexibility, in simulation models.

Keywords: demande de biens alimentaires; elasticities; food demand; meta-analysis; elasticity; élasticité; estimation; méta-analyse (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-agr
Date: 2019
Note: View the original document on HAL open archive server:
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Published in [University works] Inconnu. 2019, 78 p

Downloads: (external link) (application/pdf)

Related works:
Working Paper: A meta-analysis of the price and income elasticities of food demand (2019) Downloads
Working Paper: A Meta-Analysis of the Price and Income Elasticities of Food Demand (2019)
Working Paper: A meta-analysis of the price and income elasticities of food demand (2019) Downloads
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:

Access Statistics for this paper

More papers in Working Papers from HAL
Bibliographic data for series maintained by CCSD ().

Page updated 2019-11-04
Handle: RePEc:hal:wpaper:hal-02103880