REVISITING ENGEL'S LAW: EXAMINING EXPENDITURE PATTERNS FOR FOOD AT HOME AND AWAY FROM HOME

Expenditure patterns were examined for food partitioned into food at home and away from home to test the veracity of Engel's law. The analysis employed several functional forms and a Heckman two-step methodology to account for censored-response bias. Engel's law was verified in every case.

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Year of publication:	1995
Authors:	Holcomb, Rodney B. ; Park, John L. ; Capps Jr., Oral
Published in:	Journal of Food Distribution Research. - Food Distribution Research Society - FDRS. - Vol. 26.1995, 2
Publisher:	Food Distribution Research Society - FDRS
Keywords:	Consumer/Household Economics

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005798468