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Estimates of Food Demand Elasticities for Great Britain: 1972-1994

Lookup NU author(s): Dr Abigail Tiffin


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This paper reports the results of the estimation of Almost Ideal Demand Systems (AIDS) for UK food demand using time series data from the National Food Survey. A Bayesian approach is used to impose curvature restrictions in the model. The aim is to obtain estimates of Hicksian, Marshallian and expenditure demand elasticities for UK food which are fully consistent with static optimisation bg consumers. Overall, the results concur with expectations as aggregate food demand is both Price and income inelastic and individual food categories are mostly price and income inelastic. The notable exception being meal, specifically pork, beef and chicken.

Publication metadata

Author(s): Tiffin A, Tiffin R

Publication type: Article

Publication status: Published

Journal: Journal of Agricultural Economics

Year: 1999

Volume: 50

Issue: 1

Pages: 140-147

Print publication date: 01/01/1999

ISSN (print): 0021-857X

ISSN (electronic): 1477-9552

Publisher: John Wiley & Sons, Inc


DOI: 10.1111/j.1477-9552.1999.tb00800.x


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