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In response to the Deaton and Dreze (2009) explanation of a downward shift in the calorie Engel curve in terms of lower requirements due to health improvements and lower activity levels in India, we develop an alternative explanation embedded in a standard demand theory framework, with food...
Persistent link: https://www.econbiz.de/10010640541
Building on a recent important contribution by Deaton and Dreze (2009), our analysis sheds new light on why the calorie Engel curve shifted down-especially in rural India- over the period 1993–2004. The puzzle for the longer period analysed by Deaton and Dreze (2009) is that despite higher...
Persistent link: https://www.econbiz.de/10008457224