Consumer Demand for Major Foods in Egypt
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.
|Date of creation:||Aug 1995|
|Date of revision:|
|Contact details of provider:|| Postal: 578 Heady Hall, Ames, Iowa 50011-1070|
Phone: (515) 294-1183
Fax: (515) 294-6336
Web page: http://www.card.iastate.edu/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ias:cpaper:95-wp138. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.