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U.S Demand for Food: A Complete System of Price and Icome Effects

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  • Huang, Kuo S.

Abstract

This study develops statistical procedures using actual sample observations for estimating a large-scale demand system for foods. The result is a complete matrix of, all direct, crossprice, and expenditure elasticities for 40 food items and 1 nonfood item. The demand system illustrates the, interdependent nature of demand for foods at the disaggregated level and provides practical information for use in commodity forecasting and policy analysis.
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  • Huang, Kuo S., 1985. "U.S Demand for Food: A Complete System of Price and Icome Effects," Technical Bulletins 206507, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerstb:206507
    DOI: 10.22004/ag.econ.206507
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    1. Christensen, Laurits R & Jorgenson, Dale W & Lau, Lawrence J, 1975. "Transcendental Logarithmic Utility Functions," American Economic Review, American Economic Association, vol. 65(3), pages 367-383, June.
    2. Huang, Kuo S & Haidacher, Richard C, 1983. "Estimation of a Composite Food Demand System for the United States," Journal of Business & Economic Statistics, American Statistical Association, vol. 1(4), pages 285-291, October.
    3. George, P.S. & King, Gordon A., 1971. "Consumer Demand for Food Commodities in the United States with Projections for 1980," Monographs, University of California, Davis, Giannini Foundation, number 11936.
    4. Deaton,Angus & Muellbauer,John, 1980. "Economics and Consumer Behavior," Cambridge Books, Cambridge University Press, number 9780521296762, Enero.
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