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-term price effects between the world maize market and some Ethiopian regional markets. Using the Almost Ideal Demand System, we …"Previous studies implicitly assume uniform price-effects across regions or provinces within countries. They also do … transmission of changes in world food prices to local food prices. In this paper, we first establish evidence of regional price …
Persistent link: https://www.econbiz.de/10005037995
, robust demand functions are estimated for each of three nutrients viz. calories, protein and fats, separately for rural and … urban areas. Our results show consistently robust food price and expenditure effects. Besides, shifts in food price … consumption of calories, protein and fats over the period 1993–2004. This explanation is embedded in a standard demand theory …
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own-price elasticity of quantity demand for soda of between -1.0 and -1.3. These estimates ignore consumer responses on … prices to estimate unrestricted demand models that correct for both errors. The corrected own-price elasticity of quantity … demand is just -0.2 to -0.3, so tax-induced soda price increases might cut average weights by less than one pound, which is …
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Microeconomic Foundations I develops the choice, price, and general equilibrium theory topics typically found in first …
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Microeconomic Foundations I develops the choice, price, and general equilibrium theory topics typically found in first …
Persistent link: https://www.econbiz.de/10010681712
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