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Perché i generi alimentari sono meno costosi nei paesi (europei) ricchi? (Why Is Food Cheaper in Rich [European] Countries?)
Moneta e Credito
View Archive Info| Field | Value | |
| Title |
Perché i generi alimentari sono meno costosi nei paesi (europei) ricchi? (Why Is Food Cheaper in Rich [European] Countries?)
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| Creator |
Podkaminer, Alessandro
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| Subject |
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Food; Prices D12;L11;L66;Q11 |
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| Description |
Relative to non-food items, food tends to be cheaper in rich, as compared with poor European countries. This tendency cannot be explained in terms of cost developments or foreign-trade considerations. A positive explanation proposed focuses on demand-income-supply interaction. An analysis of a cross-country price-augmented modification of Engel's Law, econometrically specified, indicates that the relative price of food is related positively to the supply of food items and negatively to that of non-food items. This finding is consistent with "agricultural price scissors", and also casts a different light on the nature of economic development and structural change. JEL Codes: D12, L11, L66, Q11Keywords: Food, Prices
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| Publisher |
Associazione Economia civile
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| Contributor |
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| Date |
2012-04-23
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Articolo peer-review |
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| Format |
application/pdf
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| Identifier |
http://ojs.uniroma1.it/index.php/monetaecredito/article/view/9768
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| Source |
Moneta e Credito; Vol 57, N° 227 (2004)
Moneta e Credito; Vol 57, N° 227 (2004) 2037-3651 |
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| Language |
ita
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| Relation |
http://ojs.uniroma1.it/index.php/monetaecredito/article/view/9768/9651
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| Rights |
Copyright (c) 2016 Alessandro Podkaminer
http://creativecommons.org/licenses/by-nc-nd/4.0 |
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