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Consumer Demand for Major Foods in Egypt

Author

Listed:
  • Fayyad, Basem S.
  • Johnson, Stanley R.
  • El-Khishin, Mohamed

Abstract

This study provides information on the structure of the consumer demand for major foods in Egypt. The information is in the form of key parameters for consumer demand systems. The modern theory of consumer behavior is the basis for estimating systems of demand equations. These systems yield estimates of own and cross price elasticities. The Linear Almost Ideal Demand System (LAIDS) model is applied in estimating a system of demand equations for food commodities. A full demand matrix results with a coherent and consistent set of price and expenditure elasticity estimates. Using the estimated own and cross price and expenditure elasticities, food and agricultural policies during the transformation to the market economy can be analyzed. A framework for utilizing the estimated demand parameters in forecasting is also presented.

Suggested Citation

  • Fayyad, Basem S. & Johnson, Stanley R. & El-Khishin, Mohamed, 1995. "Consumer Demand for Major Foods in Egypt," Hebrew University of Jerusalem Archive 18619, Hebrew University of Jerusalem.
    • Handle: RePEc:ags:hebarc:18619
    DOI: 10.22004/ag.econ.18619
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    References listed on IDEAS

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    1. Natalija Kazlauskiene & S. Devadoss & William H. Meyers, 1991. "Adaptive Policy Simulation Model to Analyze Price Reforms for Lithuanian Food and Agricultural Products, An," Center for Agricultural and Rural Development (CARD) Publications 91-br1, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    2. Natalija Kazlauskiene & S. Devadoss & William H. Meyers, 1991. "Adaptive Policy Simulation Model to Analyze Price Reforms for Lithuanian Food and Agricultural Products, An," Food and Agricultural Policy Research Institute (FAPRI) Publications (archive only) 91-br1, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    3. William F. Hahn, 1994. "Elasticities in AIDS Models: Comment," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 76(4), pages 972-977.
    4. Deaton, Angus S & Muellbauer, John, 1980. "An Almost Ideal Demand System," American Economic Review, American Economic Association, vol. 70(3), pages 312-326, June.
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    1. Soliman, Ibrahim & Fabiosa, Jacinto F. & Bassiony, Halah, 2010. "A Review of Agricultural Policy Evolution, Agricultural Data Sources, and Food Supply and Demand Studies in Egypt," Hebrew University of Jerusalem Archive 59510, Hebrew University of Jerusalem.

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