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Researching and forecasting aggregated consumers’ perception of imported food: Russia and Brazil case studies (1992–2020)

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Author Info

  • Penikas, Henry

    ()
    (Higher School of Economics, Moscow, Russia)

  • Savelyeva, Alina

    ()
    (Higher School of Economics, Moscow, Russia)

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    Abstract

    The research contains the estimation of Revealed Comparative Advantage indices for food exporters and structural shifts in the global composition of food trade. The finding about the income elasticity of consumption for imported food has been done on the basis of AIDS and QAIDS models. At the final stage of the paper the authors implement the combined forecast of the share of expenditures on imported food in total expenditures on food and the income elasticity of imported food consumption in Russia and Brazil till 2020. The key implication is that food (both imported and produced domestically) is a second need good.

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    Bibliographic Info

    Article provided by Publishing House "SINERGIA PRESS" in its journal Applied Econometrics.

    Volume (Year): 32 (2013)
    Issue (Month): 4 ()
    Pages: 45-70

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    Handle: RePEc:ris:apltrx:0223

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    Web page: http://appliedeconometrics.cemi.rssi.ru/

    Related research

    Keywords: global food market; income elasticity of consumption; imported food; revealed comparative advantage; structural shifts;

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    1. Deaton,Angus & Muellbauer,John, 1980. "Economics and Consumer Behavior," Cambridge Books, Cambridge University Press, number 9780521296762, April.
    2. Regmi, Anita & Takeshima, Hiroyuki & Unnevehr, Laurian J., 2008. "Convergence in Global Food Demand and Delivery," Economic Research Report 56449, United States Department of Agriculture, Economic Research Service.
    3. Sen, Amartya, 1983. "Development: Which Way Now?," Economic Journal, Royal Economic Society, vol. 93(372), pages 742-62, December.
    4. Iain Fraser & Imad A. Moosa, 2002. "Demand Estimation in the Presence of Stochastic Trend and Seasonality: The Case of Meat Demand in the United Kingdom," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 84(1), pages 83-89.
    5. Gardes, Francois & Duncan, Greg J. & Gaubert, Patrice & Gurgand, Marc & Starzec, Christophe, 2005. "Panel and Pseudo-Panel Estimation of Cross-Sectional and Time Series Elasticities of Food Consumption: The Case of U.S. and Polish Data," Journal of Business & Economic Statistics, American Statistical Association, vol. 23, pages 242-253, April.
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