A food demand system based on demand for characteristics: if there is ' curvature' in the Slutsky matrix, what do the curves look like and why?
This article develops a food demand system based on the demand for energy, variety, and tastes of foods. It specifies utility as a function of those characteristics and uses them to derive demand elasticities that explain why the poor are particularly responsive to food prices.
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| Format: | Journal Article |
| Language: | Inglés |
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Elsevier
1996
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| Online Access: | https://hdl.handle.net/10568/170347 |
| Summary: | This article develops a food demand system based on the demand for energy, variety, and tastes of foods. It specifies utility as a function of those characteristics and uses them to derive demand elasticities that explain why the poor are particularly responsive to food prices. |
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