Consumer Welfare Effects of Quantity Changes in Demand
| dc.creator | Huang, Kuo S. | |
| dc.date | 2017-04-01T19:42:03Z | |
| dc.date.accessioned | 2026-07-09T07:06:19Z | |
| dc.description | Information about consumer welfare effects associated with quantity changes in demand is important for agricultural and food policy decision-makers because many policy options are directly related to controlling supplies as a means to stabilize or raise commodity prices and farmers’ income. A new method is developed to measure the consumer welfare effects by using the estimates of an inverse demand system and a modified quantity-adjusted Malmquist index to represent the efficiency in quantity metric welfare. The methodology is validated by applying it to a U.S. inverse food demand system consisting of 13 food groups and a nonfood sector. | |
| dc.identifier | doi:10.22004/ag.econ.149102 | |
| dc.identifier | https://ageconsearch.umn.edu/record/149102/files/jaae577.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/149102 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/584535 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/149102 | |
| dc.title | Consumer Welfare Effects of Quantity Changes in Demand | |
| dc.type | Text |