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Philippine Households' Response to Price and Income Changes

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  • Llanto, Gilberto M.

Abstract

The study analyzes the response of households, especially agricultural households, to price and income changes. The determination of the income and price elasticities of demand for food and nonfood items is important in framing appropriate policies affecting the macroeconomy and the agricultural sector, in particular.

Suggested Citation

  • Llanto, Gilberto M., 1998. "Philippine Households' Response to Price and Income Changes," Research Paper Series RPS 1998-02, Philippine Institute for Development Studies.
    • Handle: RePEc:phd:rpseri:rps_1998-02
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    File URL: https://www.pids.gov.ph/publication/research-paper-series/philippine-households-response-to-price-and-income-changes
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    References listed on IDEAS

    as
    1. Teklu, Tesfaye & Hassan, Zuhair A. & Johnson, Stanley R. & Stonehouse, D. Peter, 1992. "Empirical Demand Systems," Staff General Research Papers Archive 587, Iowa State University, Department of Economics.
    2. Gurushri Swamy & Hans P. Binswanger, 1983. "Flexible Consumer Demand Systems and Linear Estimation: Food in India," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 65(4), pages 675-684.
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    Cited by:

    1. Maria Erlinda M. Mutuc & Suwen Pan & Roderick M. Rejesus, 2007. "Household vegetable demand in the Philippines: Is there an urban-rural divide?," Agribusiness, John Wiley & Sons, Ltd., vol. 23(4), pages 511-527.

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    Keywords

    price changes; income changes;

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