India Edible Oil Consumption: A Censored Incomplete Demand Approach
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A Censored Incomplete Demand System is applied to household expenditures for edible oil
in India. The results show that edible peanut oil is still a luxury good in India, whereas
expenditure elasticities for other edible oils are relatively low. The food habit, location,
education of household heads, and other demographic variables have significant effects on
the choice of edible oils.