Subramanian, Shankar; Deaton, Angus - In: Journal of Political Economy 104 (1996) 1, pp. 133-62
The authors investigate nutrition and expenditure in rural Maharashtra in India. They estimate that the elasticity of calorie consumption with respect to total expenditure is 0.3-0.5, a range that is in accord with conventional wisdom. The elasticity declines only slowly with levels of living...