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Food expenditure projections: 1990–2010
Author(s) -
Blisard Noel,
Blaylock James R.
Publication year - 1994
Publication title -
agribusiness
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.57
H-Index - 43
eISSN - 1520-6297
pISSN - 0742-4477
DOI - 10.1002/1520-6297(199403/04)10:2<105::aid-agr2720100202>3.0.co;2-o
Subject(s) - economics , food away from home , estimation , agricultural economics , food consumption , fish <actinopterygii> , consumer expenditure , econometric model , demographic economics , geography , econometrics , public economics , aggregate expenditure , biology , fishery , management
Estimation and simulation of food expenditure models indicate that Americans 65 and older tend to spend more on food at home and less on food away from home than do younger households. Some regional variation occurs with the Northeast and West spending the most on total food. The econometric models also indicate that nonblacks spend more per food category than blacks except for meat, poultry, fish, and eggs. Projections indicate that the growth of food expenditures over the next 20 years will be slower than it was for the past 20 years.