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INCOME ELASTICITIES OF DEMANDS FOR FOODS IN GREAT BRITAIN
Author(s) -
Chesher Andrew,
Rees Hedley
Publication year - 1987
Publication title -
journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.157
H-Index - 61
eISSN - 1477-9552
pISSN - 0021-857X
DOI - 10.1111/j.1477-9552.1987.tb01062.x
Subject(s) - income elasticity of demand , economics , almost ideal demand system , consumer expenditure survey , consumer expenditure , purchasing , agricultural economics , engel curve , econometrics , survey data collection , price elasticity of demand , public economics , microeconomics , aggregate expenditure , statistics , mathematics , production (economics) , operations management
This paper describes analysis of data from the National Food Survey to determine the influences of household income and composition on household demand for foods in 1974, 1979, 1980 and 1982. The paper focuses on fats, cheese and carcase meats. The analysis uses household level data, regarding zero expenditures as arising because of infrequent purchasing and the expenditure‐income relationship used in the Almost Ideal Demand Model. This is in contrast with the analysis reported by the National Food Survey Committee which uses a constant elasticity model and averaged income and expenditure data.