CHANGES IN THE STRUCTURE OF GLOBAL FOOD DEMAND

A newly developed demand system is used to estimate the response of food and food product demand to per capita expenditure changes. The resulting Engel elasticities are then used to project food and food product demand in 2020 assuming per capita expenditure and population changes. Results suggest that while food expenditure is projected to grow, it accounts for a smaller proportion of total expenditure. Further analysis indicates change in the composition of food demand away from a grain and towards livestock is projected to occur in lower income countries in 2020.


Issue Date:
1998
Publication Type:
Working or Discussion Paper
Record Identifier:
http://ageconsearch.umn.edu/record/28673
PURL Identifier:
http://purl.umn.edu/28673
Total Pages:
26
Series Statement:
Staff Paper 98-5




 Record created 2017-04-01, last modified 2018-01-22

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