Author:
Richards T.J.,Kagan A.,Gao X.M.
Abstract
Despite the rapid rise in complex carbohydrate consumption over the last twenty-five years, fresh potato consumption has fallen by over 50%. Fresh potato growers and retailers alike need to know whether these changes reflect consumer responses to changing relative prices or incomes, or whether they are due to changes in consumer tastes. This paper uses a linear approximation almost ideal demand system (LA/AIDS) to investigate the effect of relative prices, expenditures, and a set of socioeconomic variables on complex carbohydrate demand. Estimation results show that the socioeconomic variables explain some of the changes in demand, but a significant amount remains as evidence of a change in consumer tastes.
Publisher
Cambridge University Press (CUP)
Subject
Economics and Econometrics,Agronomy and Crop Science
Reference86 articles.
1. Similar improvements are noted by Deaton and Muellbauer (1980) and Anderson and Blundell (1983).
2. U.S. Department of Agriculture, Economic Research Service (ERS), Commodity Economics Division (CED). 1993. Food Consumption, Prices, and Expenditures: 1970-92. Washington, D.C.
3. Capps, Tedford, and Havlicek (1985) cite a definition of convenience foods by Traub and Odland (1979, p. 862) as “any fully or partially prepared food in which significant preparation time, culinary skills, or energy inputs have been transferred from the homemaker's kitchen to the food processor and distributor.”
Cited by
4 articles.
订阅此论文施引文献
订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献