Davis, Christopher G.; Stefanova, Stela; Hahn, William F.; … - Agricultural and Applied Economics Association - AAEA - 2008
In this study we estimated the price elasticities among meats, vegetables, grains, and potatoes and the impact that … construct a censored demand system of 14 equations. Results revealed that the uncompensated cross-price elasticities for both … low and high-incomes suggest both substitution and complement relationships, while the compensated price elasticities are …