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Food demand elasticities for Australia

Ulubasoglu, Mehmet, Mallick, Debdulal, Wadud, Mokhtarul, Hone, Phillip and Haszler, Henry 2016, Food demand elasticities for Australia, Australian journal of agricultural and resource economics, vol. 60, no. 2, pp. 177-195, doi: 10.1111/1467-8489.12111.

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Title Food demand elasticities for Australia
Author(s) Ulubasoglu, Mehmet
Mallick, Debdulal
Wadud, Mokhtarul
Hone, Phillip
Haszler, Henry
Journal name Australian journal of agricultural and resource economics
Volume number 60
Issue number 2
Start page 177
End page 195
Total pages 19
Publisher Wiley
Place of publication London, Eng.
Publication date 2016-04
ISSN 1364-985X
1467-8489
Keyword(s) Almost Identical Demand Systems model
Australia
food demand
Summary There is renewed interest in robust estimates of food demand elasticities at a disaggregated level not only to analyse the impact of changing food preferences on the agricultural sector, but also to establish the likely impact of pricing incentives on households. Using data drawn from two national Household Expenditure Surveys covering the periods 1998/1999 and 2003/2004, and adopting an Almost Ideal Demand System approach that addresses the zero observations problem, this paper estimates a food demand system for 15 food categories for Australia. The categories cover the standard food items that Australian households demand routinely. Own-price, cross-price and expenditure elasticity estimates of the Marshallian and Hicksian types have been derived for all categories. The parameter estimates obtained in this study represent the first integrated set of food demand elasticities based on a highly disaggregated food demand system for Australia, and all accord with economic intuition.
Language eng
DOI 10.1111/1467-8489.12111
Field of Research 140201 Agricultural Economics
Socio Economic Objective 910201 Consumption
HERDC Research category C1 Refereed article in a scholarly journal
ERA Research output type C Journal article
Copyright notice ©2016, Wiley
Persistent URL http://hdl.handle.net/10536/DRO/DU:30075736

Document type: Journal Article
Collection: Department of Economics
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