Using Income Classes to Estimate Consumption Parameters for Food Policy Analysis

Jacinto Fabiosa, Samarendu Mohanty, Darnell Smith and William Meyers

Center for Agricultural and Rural Development (CARD) Publications from Center for Agricultural and Rural Development (CARD) at Iowa State University

Abstract: How can economists estimate consumption parameters by income classes? The approach used in this paper combines price elasticities estimated from aggregated market data and income-class-specific elasticities derived from household expenditure surveys using Slutsky relationships to calculate income-class-specific price elasticities. The approach was applied to estimate income-class-specific price elasticities for major agricultural commodities consumed in Jamaica.

Date: 1996-06
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.card.iastate.edu/products/publications/pdf/96wp159.pdf Full Text (application/pdf)
https://www.card.iastate.edu/products/publications/synopsis/?p=156 Online Synopsis (text/html)

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:ias:cpaper:96-wp159

Access Statistics for this paper

More papers in Center for Agricultural and Rural Development (CARD) Publications from Center for Agricultural and Rural Development (CARD) at Iowa State University Contact information at EDIRC.
Bibliographic data for series maintained by ().