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| Benin, Samuel. |
| For the same level of per capita resources, larger households are deemed better off due to possible scale economies from consuming household public goods. Contradictory evidence that per capita demand for food declines with household size has puzzled economists. This paper suggests that larger households have costs associated with sharing food, especially high-value foods, and so they substitute towards cheaper and basic foods, whose per capita demand increases with household size. However, since high-value foods form a larger proportion of the budget on all foods, per capita demand for all foods declines with household size when Engel food-share equation is estimated using aggregate food expenditure data. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Demand; Price analysis; Consumer/Household Economics; Demand and Price Analysis. |
| Ano: 1999 |
URL: http://purl.umn.edu/21552 |
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| Levedahl, J. William; Reed, Albert J.. |
| Changes in both retail and wholesale infant formula prices can affect the ability of WIC to supply infant formula to participants. This paper constructs a joint relationship that links national wholesale and retail infant formula prices to economic and policy variables. This joint framework provides a richer interpretation of current issues and questions associated with these markets than frameworks intent on explaining either retail or wholesale prices alone. We show how this framework can be implemented empirically, and demonstrate how it can be used to obtain empirical estimates of retail and wholesale price flexibilities with respect to rebates, and with respect to changes in WIC participation. Both have implications for cost containment. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Women; Infant and Children Program; Infant formula rebates; Price analysis; Food Security and Poverty; I38; D40. |
| Ano: 2005 |
URL: http://purl.umn.edu/19274 |
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