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Analysis of Food Demand in Peru: Implications for Food–Feed Competition

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  • Sumon Kumar Bhaumik
  • Jeffrey B. Nugent

Abstract

In their policy proposals on how best to stimulate economic growth, economists have been increasingly emphasizing free markets. It is, however, possible that free‐market‐led economic growth can lead to increased income inequity which can further increase poverty. One of the more interesting but thus far insufficiently explored mechanisms for the latter is food–feed competition. Using Peruvian Living Standard Survey (PLSS) data for 1985–86 and 1990, the paper examines the demand patterns of households and concludes that the empirical evidence is in agreement with the hypotheses underlying the theory of food–feed competition.

Suggested Citation

  • Sumon Kumar Bhaumik & Jeffrey B. Nugent, 1999. "Analysis of Food Demand in Peru: Implications for Food–Feed Competition," Review of Development Economics, Wiley Blackwell, vol. 3(3), pages 242-257, October.
  • Handle: RePEc:bla:rdevec:v:3:y:1999:i:3:p:242-257
    DOI: 10.1111/1467-9361.00065
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    Cited by:

    1. Sumon Kumar Bhaumik & Jeffrey B. Nugent, 2005. "Does Economic Uncertainty Affect the Decision to Bear Children? Evidence from East and West Germany," William Davidson Institute Working Papers Series wp788, William Davidson Institute at the University of Michigan.
    2. Bhaumik, Sumon Kumar & Dimova, Ralitza, 2004. "How important is ownership in a market with level playing field?: The Indian banking sector revisited," Journal of Comparative Economics, Elsevier, vol. 32(1), pages 165-180, March.
    3. Sumon Bhaumik & Saul Estrin, 2003. "Why Transition Paths Differ: Russian and Chinese Enterprise Performance Compared," William Davidson Institute Working Papers Series 525, William Davidson Institute at the University of Michigan.
    4. Debbie L Humphries & Jere R Behrman & Benjamin T Crookston & Kirk A Dearden & Whitney Schott & Mary E Penny & on behalf of the Young Lives Determinants and Consequences of Child Growth Project Team, 2014. "Households across All Income Quintiles, Especially the Poorest, Increased Animal Source Food Expenditures Substantially during Recent Peruvian Economic Growth," PLOS ONE, Public Library of Science, vol. 9(11), pages 1-13, November.

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