Valera, Harold Glenn; Mayorga, Joaquin; Pede, Valerien O.; … - In: Q open : a journal of agricultural, climate, … 2 (2022) 2, pp. 1-25
uses the recently released 2018 Family Income and Expenditure Survey and the Stone-Lewbel price index in the absence of … compared with that for other food groups. The income elasticity for rice is inelastic (0.26), slightly higher than the income … elasticity for sugar. Demand for rice is generally less elastic for higher-income Filipinos and families residing in urban areas …