|
AgEcon Search >
Agricultural and Resource Economics Review >
Volume 30, Number 1, April 2001 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/31606
|
| Title: | THE DEMAND FOR FOOD GRAIN IN CHINA : NEW INSIGHTS INTO A CONTROVERSY |
| Authors: | Zhang, Xiaobo
Mount, Timothy D.
Boisvert, Richard N. |
| Issue Date: | 2001-04 |
| Abstract: | 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. |
| URI: | http://purl.umn.edu/31606 |
| Institution/Association: | Agricultural and Resource Economics Review>Volume 30, Number 1, April 2001 |
| Total Pages: | 9 |
| Language: | English |
| From Page: | 1 |
| To Page: | 9 |
| Collections: | Volume 30, Number 1, April 2001
|
Files in This Item:
| File |
Size | Format |
|---|
| 30010001.pdf | 841Kb | PDF | View/Open |
|
Recommend this item
All items in AgEcon Search are protected by copyright.
|
