Consumer Characteristics Associated With Food Prices
AbstractTo keep up with the recent trends in consumer demand for food products, an understanding of the associated customer characteristics is needed. This study identifies significant characteristics and factors of households who are likely to purchase basic household food when prices are high. The analysis was performed using logit model. The results of the study imply that the following households are more likely to purchase foods when prices are high: those with large sizes of land for farming and for home garden, those who frequently purchase the basic food stuffs, those who receive some advice on prices of food, and those with large household sizes. Educated females with information sources on food prices, and those household who stay far away from the nearest food shops do not appear to be likely to purchase food when prices are high.
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Bibliographic InfoPaper provided by African Association of Agricultural Economists (AAAE) & Agricultural Economics Association of South Africa (AEASA) in its series 2010 AAAE Third Conference/AEASA 48th Conference, September 19-23, 2010, Cape Town, South Africa with number 113784.
Date of creation: Sep 2010
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Food prices; consumer characteristics; logit model; Consumer/Household Economics; Demand and Price Analysis;
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Deaton, Angus, 1990.
"Price elasticities from survey data : Extensions and Indonesian results,"
Journal of Econometrics,
Elsevier, vol. 44(3), pages 281-309, June.
- Deaton, A., 1990. "Price Elasticities From Surveys Data: Extensions And Indonesian Results," Papers 69, World Bank - Living Standards Measurement.
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- John Gibson & Scott Rozelle, 2005. "Prices and Unit Values in Poverty Measurement and Tax Reform Analysis," World Bank Economic Review, World Bank Group, vol. 19(1), pages 69-97.
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