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Estimates of Elasticities for Food Demand in the United States

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  • Mann, Jitendar S.
  • St. George, George E.

Abstract

Various estimates of quantity-and price-dependent demand equations for total food demand are made. The regression coefficients are used to derive estimates of price and income elasticities and flexibilities. The results indicate that response of food demand to price and income changes is low compared with estimates in previous studies.

Suggested Citation

  • Mann, Jitendar S. & St. George, George E., 1978. "Estimates of Elasticities for Food Demand in the United States," Technical Bulletins 157867, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerstb:157867
    DOI: 10.22004/ag.econ.157867
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    References listed on IDEAS

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    1. James P. Houck, 1965. "The Relationship of Direct Price Flexibilities to Direct Price Elasticities," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 47(3), pages 789-792.
    2. Fox, Karl A., 1953. "The Analysis of Demand for Farm Products," Technical Bulletins 156646, United States Department of Agriculture, Economic Research Service.
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    Cited by:

    1. Reed, Michael R. & Robbins, Lynn W., 1985. "The Relationship Between Managerial Heuristics And Economics In Pricing Retail Meats," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 17(2), pages 1-9, December.
    2. Richard H. Steckel & William J. White, 2012. "Engines of Growth: Farm Tractors and Twentieth-Century U.S. Economic Welfare," NBER Working Papers 17879, National Bureau of Economic Research, Inc.
    3. Miller, Thomas A. & Washburn, Monte C., 1978. "AGSEM: An Agriculture Sector Equilibrium Model *Description *Example Analyses *Data," Economics Statistics and Cooperative Services (ESCS) Reports 329885, United States Department of Agriculture, Economic Research Service.

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