Is it Food Quality or Quantity that Responds to Changing Income?
Since the early 1990s, the retail market for leafy green vegetables has been divided between largely unprocessed products and bagged salads. The latter embody kitchen labor and economize on storage costs, in effect offering consumers convenience as a product attribute. Using time-series retail purchase data, this paper shows that changes in income immediately influence how much convenience consumers of leafy greens purchase. There is no statistical evidence that total quantity of leafy greens purchased responds to short-run changes in income. Hence, consumers appear to adjust to income changes by choosing food quality rather than quantity. Copyright 2011, Oxford University Press.
Year of publication: |
2011
|
---|---|
Authors: | Kuchler, Fred |
Published in: |
Applied Economic Perspectives and Policy. - Agricultural and Applied Economics Association - AAEA, ISSN 2040-5790. - Vol. 33.2011, 2, p. 205-221
|
Publisher: |
Agricultural and Applied Economics Association - AAEA |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
VALUING THE HEALTH BENEFITS OF NUTRITION LABELING: A CASE STUDY FOR MEAT AND POULTRY PRODUCTS
Crutchfield, Stephen R., (2001)
-
Food Safety and Spinach Demand: A Generalized Error Correction Model
Arnade, Carlos Anthony, (2011)
-
Arnade, Carlos, (2009)
- More ...