000157055 001__ 157055 000157055 005__ 20210819132059.0 000157055 0247_ $$2doi$$a10.22004/ag.econ.157055 000157055 037__ $$a1488-2016-123857 000157055 041__ $$aeng 000157055 245__ $$aAggregate Food Demand and the Supply of Agricultural Products 000157055 260__ $$c1981-07 000157055 269__ $$a1981-07 000157055 300__ $$a24 000157055 336__ $$aReport 000157055 490__ $$aTechnical Bulletin 000157055 490__ $$a1656 000157055 520__ $$aFood demand may be somewhat more price inelastic than previously estimated. The simple four-equation model developed here provides a formal empirical framework linking food demand to supply. Medium-range forecasts indicate that food prices may continue to rise slightly faster than average prices for all items over the next 5 years. The model represents a middle-of-the-road approach to forecasting that may be more cost-effective than time-series or a multi-equation, multicommodity approach. 000157055 546__ $$aEnglish 000157055 650__ $$aDemand and Price Analysis 000157055 650__ $$aFood Consumption/Nutrition/Food Safety 000157055 6531_ $$afood demand 000157055 6531_ $$aagricultural products supply 000157055 6531_ $$aeconometric model 000157055 700__ $$aLamm, R. McFall Jr. 000157055 8564_ $$9d5991933-2a92-4434-afeb-147c06cfc533$$s842360$$uhttps://ageconsearch.umn.edu/record/157055/files/tb1656.pdf 000157055 887__ $$ahttp://purl.umn.edu/157055 000157055 909CO $$ooai:ageconsearch.umn.edu:157055$$pGLOBAL_SET 000157055 912__ $$nSubmitted by Adrienne Keiser (keise023@umn.edu) on 2013-09-18T16:38:31Z No. of bitstreams: 1 tb1656.pdf: 842360 bytes, checksum: 322e59bf04af1d6c084ba0e47c62afdb (MD5) 000157055 912__ $$nMade available in DSpace on 2013-09-18T16:38:31Z (GMT). No. of bitstreams: 1 tb1656.pdf: 842360 bytes, checksum: 322e59bf04af1d6c084ba0e47c62afdb (MD5) Previous issue date: 1981-07 000157055 913__ $$aLicense granted by Adrienne Keiser (keise023@umn.edu) on 2013-09-18T16:36:24Z (GMT): <center> <h2> Deposit Agreement </h2> </center> I represent that I am the creator of the digital material identified herein (&ldquo;Work&rdquo;). I represent that the work is original and that I either own all rights of copyright or have the right to deposit the copy in a digital archive such as AgEcon Search. I represent that in regard to any non-original material included in the Work I have secured written permission of the copyright owner (s) for this use or believe this use is allowed by law. I further represent that I have included all appropriate credits and attributions. I hereby grant the Regents of the University of Minnesota (&ldquo;University&rdquo;), through AgEcon Search, a non-exclusive right to access, reproduce, and distribute the Work, in whole or in part, for the purposes of security, preservation, and perpetual access. I grant the University a limited, non-exclusive right to make derivative works for the purpose of migrating the Work to other media or formats in order to preserve access to the Work. I do not transfer or intend to transfer any right of copyright or other intellectual property to the University. If the Deposit Agreement is executed by the Author�s Representative, the Representative shall separately execute the following representation: I represent that I am authorized by the Author to execute this Deposit Agreement on behalf of the Author. 000157055 980__ $$a1488 000157055 982__ $$gUnited States Department of Agriculture>Economic Research Service>Technical Bulletins