A censored system of household fat and oil demand equations is estimated with a two-step procedure, using cross-sectional data from the 1987-88 US Nationwide Food Consumption Survey. Own price and total expenditure elasticities are close to unity and there is no evidence of gross substitutability. Compensated elasticities suggest net substitution among the products considered. Copyright 2002 by Taylor and Francis Group
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Article provided by Taylor and Francis Journals in its journal Applied Economics.
Volume (Year): 34 (2002) Issue (Month): 14 (September) Pages: 1799-1806 Download reference. The following formats are available: HTML
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