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Where to sell the next cappuccino? Income per capita and coffee consumption

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  • Arturo Jose Galindo

    ()
    (Inter-American Development Bank)

Abstract

This paper estimates the world demand for coffee using a dataset for 88 countries from 1990 to 2005, and dynamic panel data estimators. Results suggest that the income elasticity of demand is non constant and varies according to a country's income level. Higher income countries have lower income elasticities than middle and low income ones. Differences in price elasticities are not significant across income groups.

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File URL: http://www.accessecon.com/Pubs/EB/2011/Volume31/EB-11-V31-I3-P242.pdf
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Bibliographic Info

Article provided by AccessEcon in its journal Economics Bulletin.

Volume (Year): 31 (2011)
Issue (Month): 3 ()
Pages: 2694-2700

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Handle: RePEc:ebl:ecbull:eb-11-00528

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Related research

Keywords: Coffee; Demand; Income; Price; Elasticity;

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