Analysis of Household Food Consumption Pattern: An Application for China
Öz
This study analyzes consumption pattern of three aggregated food categories for households in China. Grain, meat products and aquatic products are chosen to understand consumption pattern in Jiangsu and Guangdong provinces in China. The Linear Expenditure (LES) and Indirect Translog Demand Systems (ITDS) implemented to estimate income elasticities, own price elasticities, and cross price elasticities of these food categories. In addition to that an economic variable is used in the system to explain impact on household consumption pattern, so ITDS with and without economic variable are also examined. Analysis results show that fish have the highest income elasticities among others, while grain has the lowest income elasticity. According to high own price elasticities of fish and meat products traders and policy makers should be more circumspect to maintain profitability.
Anahtar Kelimeler
Kaynakça
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Ayrıntılar
Birincil Dil
İngilizce
Konular
-
Bölüm
Araştırma Makalesi
Yazarlar
Yayımlanma Tarihi
23 Ekim 2019
Gönderilme Tarihi
20 Aralık 2018
Kabul Tarihi
9 Ağustos 2019
Yayımlandığı Sayı
Yıl 2019 Cilt: 10 Sayı: 3
