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Estimation of Demand Elasticity for Food Commodities in India AgEcon
Kumar, Praduman; Kumar, Anjani; Parappurathu, Shinoj; Raju, S.S..
The food demand in India has been examined in the context of a structural shift in the dietary pattern of its population. The results have reinforced the hypothesis of a significant diversification in the dietary pattern of households in recent years and has found stark differences in the consumption pattern across different income quartiles. The food demand behaviour has been explained using a set of demand elasticities corresponding to major food commodities. The demand elasticities have been estimated using multi-stage budgeting with QUAIDS model and another alternative model, FCDS. The study has revealed that the estimated income elasticities vary across income classes and are lowest for cereals group and highest for horticultural and livestock...
Tipo: Journal Article Palavras-chave: Food demand; Demand elasticity; QUAIDS model; FCDS model; Household food demand; Agricultural and Food Policy; Q11; Q18.
Ano: 2011 URL: http://purl.umn.edu/109408
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