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There are many projections for China’s food demand, and the projection results differ significantly from each other. Different values for income elasticities could be a major reason. This study projects meat and cereals demand for China based on a meta-analysis of the income elasticity...
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Purpose – The purpose of this paper is to investigate dynamic food demand in urban China, with use of a complete dynamic demand system - DLES-LA/DAIDS, which pushes forward the techniques of demand analysis. Design/methodology/approach – We employ a transitionary demand process and develop a...
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Many studies of food demand do not use actual prices but unit values, obtained by dividing expenditures by the quantity consumed. This can bias empirical analyses because unit values are not exogenous market prices; they reflect household food quality choices within each food category. This...
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