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Optimization of Food Basket: Interconnection of Medical and economic Factors

Author

Listed:
  • Korneychuk, Boris

    (National Research University Higher School of Economics)

Abstract

The food basket contains minimum consumption rates of foodstuffs; it is approved by the Russian Parliament (the State Duma) and forms the basis of the living standards calculations thus influencing expenditure budget and minimum wage. These characteristics of the food basket traditionally attract attention of economists, but its social and medical aspects are usually ignored. At the same time people use the food basket as a model of consumption behavior, and it forms their habits of healthy or unhealthy nutrition. In practice, the goal of budget economy preponderates over social goals, and therefore the food basket features dangerous imbalances which contribute to high morbidity and mortality. The author shows that the food basket does not meet modern medical requirements since it contains excessive amount of saturated fats and salt and is low on fruit, vegetables and fish. As part of an interdisciplinary research, the author develops a method of harmonization of economic and medical factors of the food basket. The current state policy in the field of public health should be brought up to date on the basis of improving the food basket, reducing maximum permitted content of trans­fatty acids and salt in foods, and permitting free import of fruit, vegetables and fish from any country of the world.

Suggested Citation

  • Korneychuk, Boris, 2017. "Optimization of Food Basket: Interconnection of Medical and economic Factors," Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 3, pages 236-257, June.
  • Handle: RePEc:rnp:ecopol:ep1740
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    References listed on IDEAS

    as
    1. George J. Stigler, 1945. "The Cost of Subsistence," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 27(2), pages 303-314.
    2. Franco Sassi & Michele Cecchini & Jeremy Lauer & Dan Chisholm, 2009. "Improving Lifestyles, Tackling Obesity: The Health and Economic Impact of Prevention Strategies," OECD Health Working Papers 48, OECD Publishing.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    food basket; living standard; public health; social policy; diet problem; market regulation.;

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • H51 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Health
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy

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