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Changes In The Structure Of Global Food Demand

Author

Listed:
  • Cranfield, John A.L.
  • Hertel, Thomas W.
  • Eales, James S.
  • Preckel, Paul V.

Abstract

A newly developed demand system is used to estimate the response of food and food product demand to per capita expenditure changes. The resulting Engel elasticities are then used to project food and food product demand in 2020 assuming per capita expenditure and population changes. Results suggest that while food expenditure is projected to grow, it accounts for a smaller proportion of total expenditure. Further analysis indicates change in the composition of food demand away from a grain and towards livestock is projected to occur in lower income countries in 2020.

Suggested Citation

  • Cranfield, John A.L. & Hertel, Thomas W. & Eales, James S. & Preckel, Paul V., 1998. "Changes In The Structure Of Global Food Demand," Staff Papers 28673, Purdue University, Department of Agricultural Economics.
    • Handle: RePEc:ags:puaesp:28673
    DOI: 10.22004/ag.econ.28673
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    References listed on IDEAS

    as
    1. James Banks & Richard Blundell & Arthur Lewbel, 1997. "Quadratic Engel Curves And Consumer Demand," The Review of Economics and Statistics, MIT Press, vol. 79(4), pages 527-539, November.
    2. World Bank, 1997. "World Development Report 1997," World Bank Publications - Books, The World Bank Group, number 5980, April.
    3. Rimmer, Maureen T. & Powell, Alan A., "undated". "Demand Patterns Across the Development Spectrum: Estimates of the AIDADS System," Center of Policy Studies (COPS) Impact Project Papers 266348, Monash University Center of Policy Studies.
    Full references (including those not matched with items on IDEAS)

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