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

Suggested Citation

  • Huang, Kuo S., 1985. "U.S. Demand for Food: A Complete System of Price and Income Effects," Technical Bulletins 157014, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerstb:157014
    DOI: 10.22004/ag.econ.157014
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    References listed on IDEAS

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    1. 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.
    2. 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.
    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, December.
    4. Deaton,Angus & Muellbauer,John, 1980. "Economics and Consumer Behavior," Cambridge Books, Cambridge University Press, number 9780521296762, November.
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