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Changes in food consumption patterns in the Republic of Korea

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  • Ingco, Merlinda D.

Abstract

Urbanization and income growth explain the increasing consumption of beef, pork, chicken, and wheat flour, and the proportionate decline in the consumption of rice, barley and fish. Continuing urbanization and income growth should simply reinforce these trends. The same phenomenon is occurring in other rapidly growing Asian countries with similar dietary profiles. The implications for estimating demand are important. First, there is a declining trend in the income elasticity of rice, which became negative in the 1980s. So, rice surpluses will grow if production growth rates are not reduced. Second, the relatively high own-price elasticities for meats - particularly beef and pork - imply that reduced protection for Korea meat producers would significantly increase per capita meat consumption.

Suggested Citation

  • Ingco, Merlinda D., 1990. "Changes in food consumption patterns in the Republic of Korea," Policy Research Working Paper Series 506, The World Bank.
    • Handle: RePEc:wbk:wbrwps:506
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    References listed on IDEAS

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    1. Gordon Anderson & Richard Blundell, 1983. "Testing Restrictions in a Flexible Dynamic Demand System: An Application to Consumers' Expenditure in Canada," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 50(3), pages 397-410.
    2. Moon, Pal Yong, 1975. "The Evolution of Rice Policy in Korea," Food Research Institute Studies, Stanford University, Food Research Institute, vol. 14(4), pages 1-22.
    3. Geweke, John, 1986. "Exact Inference in the Inequality Constrained Normal Linear Regression Model," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 1(2), pages 127-141, April.
    4. Deaton, Angus S & Muellbauer, John, 1980. "An Almost Ideal Demand System," American Economic Review, American Economic Association, vol. 70(3), pages 312-326, June.
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    1. Tambi, N. Emmanuel, 2001. "Analysis of household attitudes toward the purchase of livestock products and fish in Cameroon," Agricultural Economics, Blackwell, vol. 26(2), pages 135-147, November.
    2. Emmanuel Tambi, N., 1996. "The dynamics of household beef consumption in Cameroon," Agricultural Economics, Blackwell, vol. 14(1), pages 11-19, April.

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