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Farm Household Consumption Patterns

Author

Listed:
  • Gordon L. Carriker
  • Allen M. Featherstone
  • Ted C. Schroeder

Abstract

Changes in farm household expenditures during periods of volatile farm incomes impact rural communities and main street businesses. This study investigates the sensitivity of expenditures for nine consumption items to changes in total consumption expenditures and to changes in the cost of those items. The results indicate that during poor income years, rural businesses dealing in recreation, charitable contributions and gifts, education, furniture, and household maintenance are most likely to experience decreased revenues from farm households. Farm household expenditures for household operations, education, automobile maintenance, and medical care are most sensitive to price changes.

Suggested Citation

  • Gordon L. Carriker & Allen M. Featherstone & Ted C. Schroeder, 1993. "Farm Household Consumption Patterns," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 15(1), pages 63-73.
    • Handle: RePEc:oup:revage:v:15:y:1993:i:1:p:63-73.
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    File URL: http://hdl.handle.net/10.2307/1349712
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    Cited by:

    1. Khed, V. & K.b., U., 2018. "Application of AIDS model to analyse the farm household food demand elasticity: Evidence from panel data," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 275899, International Association of Agricultural Economists.
    2. Dingde Xu & Zhixing Ma & Xin Deng & Yi Liu & Kai Huang & Wenfeng Zhou & Zhuolin Yong, 2020. "Relationships between Land Management Scale and Livelihood Strategy Selection of Rural Households in China from the Perspective of Family Life Cycle," Land, MDPI, vol. 9(1), pages 1-15, January.
    3. Kheda, V & Saravanakumarb, V & Umesha, KB, 2018. "Does farm size explain food consumption pattern? evidence from semi-arid regions of India," Agricultural Economics Research Review, Agricultural Economics Research Association (India), vol. 31(2).
    4. Regmi, Madhav & Featherstone, Allen M., 2017. "Farm Households Consumption Heterogeneity And Rural Business Dynamics," 2017 Annual Meeting, February 4-7, 2017, Mobile, Alabama 252755, Southern Agricultural Economics Association.

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