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Measures of per capita dollar incomes seem, at first hand, to be a good simple first approximation to obtaining some idea of the differences that exist between farmers' living standards and those of nonfarmers at any one point in time. But unfortunately, the following factors, among others, make...
Persistent link: https://www.econbiz.de/10010881893
Over the last 20 years, consumers have spent a declining portion of their income on food for consumption at home, while the share of income spent on meals purchased at restaurants, cafeterias, and fast-food chains has held constant This article attempts to explain this phenomenon by estimating a...
Persistent link: https://www.econbiz.de/10010881907
The relative merits of different methods of measuring volume of retail sales of particular commodities has been a debated subject in recent years. As a byproduct of an experiment in retail store merchandising, a direct comparison of some alternative methods is made in this paper, a matter of...
Persistent link: https://www.econbiz.de/10010881913
This article presents newly developed national estimates of average income, per farm and per person in the farm family, for each economic class of farm in 1949. Aggregates and averages of farm income and expenditures are published regularly in considerable detail in The Farm Income Situation....
Persistent link: https://www.econbiz.de/10010881918
The problem of allocating farm income among the factors of production has long received the attention of agricultural economists. Progress toward a satisfactory solution has been impeded, both by difficult conceptual problems and by lack of adequate statistical data. In the following article,...
Persistent link: https://www.econbiz.de/10010881933
The current situation and prospects for coffee are of widespread interest to American consumers and to those who supply them, and it is of vital interest to the many Latin American countries that depend on coffee as a primary source of foreign exchange earnings. The smaller per capita use of...
Persistent link: https://www.econbiz.de/10010881946
Persistent link: https://www.econbiz.de/10010881956
Per capita figures in general permit an assessment of changes in economic quantities and values over time, unobscured by trends in population size. Use of total population as the divisor implicitly assumes that each member of the population has equal importance as a consumer or spender, or that...
Persistent link: https://www.econbiz.de/10010881968
The model for analyzing the impact of the Food Stamp Program on food purchased for use at home indicates that no continuous relationship exists between at-home food expenditures and income of food stamp participant households As previous studies have not allowed for this fact, they may have...
Persistent link: https://www.econbiz.de/10010881974
Many measurements of consumer welfare have been proposed to reflect the income equivalent of a welfare change Measures used in policy evaluations are compensating variation, equivalent variation, Paasche variation, Laspeyres variation, and consumer's surplus This research presents an empirical...
Persistent link: https://www.econbiz.de/10010881986