Since 2014
Demand for Food in the Philippines: Responses to Price and Income Changes
Philippine Review of Economics
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| Title |
Demand for Food in the Philippines: Responses to Price and Income Changes
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| Creator |
Balisacan, Arsenio M.; Professor of Economics, School of Economics, University of the Philippines Diliman
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| Subject |
—
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| Description |
A member of the class of demand systems proposed by Blundell et al. (1993) is employed to improve the structure of food consumption responses in the Philippines. In general it is found that the income elasticity of demand for cereal is about 0.1 and that this elasticity does not drop rapidly with the level of income as is often suggested in the literature. This response is consistent with expectations concerning conversion ratios of cereal consumption to calorie-intake and gains in body weight. Moreover, while food price responses vary from one income group to another, or between rural and urban areas, the variation is not as large as has commonly been presumed.
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| Publisher |
Philippine Review of Economics
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| Contributor |
—
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| Date |
1994-12-23
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/133
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| Source |
Philippine Review of Economics; Vol 31, No 2 (1994)
1655-1516 |
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| Language |
eng
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| Relation |
http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/133/466
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| Rights |
Copyright (c) 2017 Philippine Review of Economics
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