NEW EVIDENCE ON THE STRUCTURE OF FOOD DEMAND IN CHINA: AN EASI DEMAND MODEL ESTIMATED VIA PANEL DATA TECHNIQUES

This study analyzes the structure of food demand in urban China based on the most recent household expenditure survey data. Consumer food preferences are represented by an Exact Affine Stone Index (EASI) demand model, which accounts for unobserved consumer heterogeneity and allows for arbitrary Engel curve shapes. Further, we account for unobserved province-level heterogeneity in food preferences via province fixed-effects. Our findings indicate that seafood, fruit, and vegetables are income and expenditure elastic, while commodities such as grains and eggs are less than unitary elastic.


Issue Date:
May 25 2016
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/236889
Page range:
1-21
Total Pages:
21
JEL Codes:
Q11; Q13; Q17
Series Statement:
Selected Paper # 9696




 Record created 2017-04-01, last modified 2017-08-29

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