Registro completo |
Provedor de dados: |
31
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País: |
United States
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Título: |
THE DEMAND FOR FOOD GRAIN IN CHINA : NEW INSIGHTS INTO A CONTROVERSY
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Autores: |
Zhang, Xiaobo
Mount, Timothy D.
Boisvert, Richard N.
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Data: |
2004-04-07
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Ano: |
2001
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Palavras-chave: |
Crop Production/Industries
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Resumo: |
There is a substantial controversy in the economics literature over the magnitude of the expenditure elasticity for food grain in China that is caused, to a large extent, by whether time-series or cross-section data are used in the analysis. A set of reasonable elasticities for a complete demand system is estimated by using a panel of county level data in Guangdong Province for the last ten years. The results show that food grain has a small positive income elasticity, implying that food grain is not an inferior good in China. The reason that consumption per capita has not increased during a period of rapid economic growth in income is that the relative prices of the food and non-food substitutes for food grain have decreased.
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Tipo: |
Journal Article
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Idioma: |
Inglês
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Identificador: |
13632
http://purl.umn.edu/31606
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Editor: |
AgEcon Search
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Relação: |
Agricultural and Resource Economics Review>Volume 30, Number 1, April 2001
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Formato: |
9
application/pdf
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