The Demand for Food Quality in Rural China
Many studies of food demand do not use actual prices but unit values, obtained by dividing expenditures by the quantity consumed. This can bias empirical analyses because unit values are not exogenous market prices; they reflect household food quality choices within each food category. This article develops a framework for assessing the resulting bias in income and price elasticities of demand and applies the framework to data for rural China. Empirical results indicate that households in rural China tend to consume higher-quality food as income increases, with a greater sensitivity to income for basic foods than for luxury foods. Copyright 2009, Oxford University Press.
Year of publication: |
2009
|
---|---|
Authors: | Yu, Xiaohua ; Abler, David |
Published in: |
American Journal of Agricultural Economics. - Agricultural and Applied Economics Association - AAEA. - Vol. 91.2009, 1, p. 57-69
|
Publisher: |
Agricultural and Applied Economics Association - AAEA |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
Yu, Xiaohua, (2011)
-
Projecting meat and cereals demand for China based on a meta-analysis of income elasticities
Zhou, De, (2014)
-
Endogenous Matching and Contractual Choice between Agricultural Processors and Farmers in China
Abler, David, (2011)
- More ...