Gale Jr., H. Frederick; Huang, Kuo S. - Economic Research Service, Department of Agriculture - 2007
safety in food. Food expenditures grow faster than quantities purchased as income rises, suggesting that consumers with … income elasticity of demand for quantity of most foods is near zero. China’s food market is becoming segmented. The demand … for quality by high-income households has fueled recent growth in modern food retail and sales of premium-priced food and …