Publication Type

Working Paper

Version

publishedVersion

Publication Date

10-2014

Abstract

It is essential to understand the consumption pattern of food and how it changes over time to formulate sound economic policies as well as marketing and pricing strategies. In this study, we estimate the Quadratic Almost Ideal Demand System with six rounds of the Family Income Expenditure Survey exploiting the conditional linearity of the demand system. We find that the Filipino diet has become westernized and that the changes in urban food demand elasticities are qualitatively similar to those in urban China, especially for meat, fruits, and vegetables.We also offer some policy and business implications.

Keywords

Demand system, Elasticity, Generalized least squares, Iterated linear least squares

Discipline

Asian Studies | Behavioral Economics | Economics

Research Areas

Applied Microeconomics

First Page

1

Last Page

23

Publisher

SMU Economics and Statistics Working Paper Series, No. 18-2014

City or Country

Singapore

Copyright Owner and License

Authors

Comments

Published in Chinese global production networks in ASEAN https://doi.org/10.1007/978-3-319-24232-3_6

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