IDEAS home Printed from https://ideas.repec.org/p/ags/hebarc/18578.html
   My bibliography  Save this paper

Using Income Classes to Estimate Consumption Parameters for Food Policy Analysis

Author

Listed:
  • Fabiosa, Jacinto F.
  • Mohanty, Samarendu
  • Smith, Darnell B.
  • Meyers, William H.

Abstract

This paper develops an approach to estimate consumption parameters by income classes. It combines price elasticities estimated from aggregated market data and income-class-specific income elasticities derived from household expenditure surveys using Slutsky relationships to calculate income-class-specific price elasticities. The approach was applied to estimate income-class-specific price elasticities for major agricultural commodities consumed in Jamaica. The importance of these elasticities for food policy analysis is demonstrated by using an econometric simulation model framework. Food policy analysis based on aggregate consumption parameters may introduce bias into the results. This is particularly true in the case of developing countries where disparity between low- and high-income groups is very high.

Suggested Citation

Handle: RePEc:ags:hebarc:18578
DOI: 10.22004/ag.econ.18578
as

Download full text from publisher

File URL: https://ageconsearch.umn.edu/record/18578/files/wp960159.pdf
Download Restriction: no
File URL: https://libkey.io/10.22004/ag.econ.18578?utm_source=ideas
LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
---><---

More about this item

Keywords

;
;

Statistics

Access and download statistics

Corrections

All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:hebarc:18578. See general information about how to correct material in RePEc.

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

We have no bibliographic references for this item. You can help adding them by using this form .

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: .

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.