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Provedor de dados:  AgEcon
País:  United States
Título:  THE DEMAND FOR FOOD GRAIN IN CHINA : NEW INSIGHTS INTO A CONTROVERSY
Autores:  Zhang, Xiaobo
Mount, Timothy D.
Boisvert, Richard N.
Data:  2004-04-07
Ano:  2001
Palavras-chave:  Crop Production/Industries
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.
Tipo:  Journal Article
Idioma:  Inglês
Identificador:  13632

http://purl.umn.edu/31606
Editor:  AgEcon Search
Relação:  Agricultural and Resource Economics Review>Volume 30, Number 1, April 2001
Formato:  9

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