The demand for food grain in China: new insights into a controversy
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 sys...
| Main Authors: | , , |
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| Format: | Journal Article |
| Language: | Inglés |
| Published: |
Cambridge University Press
2001
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10568/156569 |
| _version_ | 1855540636015394816 |
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| author | Zhang, Xiaobo Mount, Timothy D. Boisvert, Richard N. |
| author_browse | Boisvert, Richard N. Mount, Timothy D. Zhang, Xiaobo |
| author_facet | Zhang, Xiaobo Mount, Timothy D. Boisvert, Richard N. |
| author_sort | Zhang, Xiaobo |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | 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. |
| format | Journal Article |
| id | CGSpace156569 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2001 |
| publishDateRange | 2001 |
| publishDateSort | 2001 |
| publisher | Cambridge University Press |
| publisherStr | Cambridge University Press |
| record_format | dspace |
| spelling | CGSpace1565692024-11-15T08:53:06Z The demand for food grain in China: new insights into a controversy Zhang, Xiaobo Mount, Timothy D. Boisvert, Richard N. crops food crops cereal crops 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. 2001-04 2024-10-24T12:44:39Z 2024-10-24T12:44:39Z Journal Article https://hdl.handle.net/10568/156569 en Limited Access Cambridge University Press Zhang, Xiaobo; Mount, Timothy D.; Boisvert, Richard N. 2001. The demand for food grain in China: new insights into a controversy. Agricultural and Resource Economics Review 30(1): 1-9. https://doi.org/10.1017/S1068280500000496 |
| spellingShingle | crops food crops cereal crops Zhang, Xiaobo Mount, Timothy D. Boisvert, Richard N. The demand for food grain in China: new insights into a controversy |
| title | The demand for food grain in China: new insights into a controversy |
| title_full | The demand for food grain in China: new insights into a controversy |
| title_fullStr | The demand for food grain in China: new insights into a controversy |
| title_full_unstemmed | The demand for food grain in China: new insights into a controversy |
| title_short | The demand for food grain in China: new insights into a controversy |
| title_sort | demand for food grain in china new insights into a controversy |
| topic | crops food crops cereal crops |
| url | https://hdl.handle.net/10568/156569 |
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