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Demand for food during economic transition: an AIDS econometric model for Slovenia, 1988-2008

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  • Miroslav Verbič
  • Mitja Čok
  • Ana Božič

Abstract

This article investigates the demand for food in Slovenia in 1988-2008 by employing an Almost Ideal Demand System based on Household Budget Survey datasets with own production included. It was established that the demand for food was mostly inelastic, while the responsiveness of households to income and food prices was in general increasing with time. Even though expenditure shares for food did not vary much by income brackets, there were some differences in the elasticities. Taking own production into account, the elasticities of food demand decreased. Overall, Slovenians preserved quite uniform nutritional habits during the transition period; changing to some extent with time but not much in structure by disposable income.

Suggested Citation

  • Miroslav Verbič & Mitja Čok & Ana Božič, 2014. "Demand for food during economic transition: an AIDS econometric model for Slovenia, 1988-2008," Post-Communist Economies, Taylor & Francis Journals, vol. 26(2), pages 277-295, June.
    • Handle: RePEc:taf:pocoec:v:26:y:2014:i:2:p:277-295
    DOI: 10.1080/14631377.2014.904111
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    References listed on IDEAS

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