FACTORS INFLUENCING CHANGES IN POTATO AND POTATO SUBSTITUTE DEMAND

No hay miniatura disponible

Fecha

Título de la revista

ISSN de la revista

Título del volumen

Editor

Resumen

Descripción

Despite the rapid rise in complex carbohydrate consumption over the last twenty-five years, fresh potato consumption has fallen by over 50%. Fresh potato growers and retailers alike need to know whether these changes reflect consumer responses to changing relative prices or incomes, or whether they are due to changes in consumer tastes. This paper uses a linear approximation almost ideal demand system (LA/AIDS) to investigate the effect of relative prices, expenditures, and a set of socioeconomic variables on complex carbohydrate demand. Estimation results show that the socioeconomic variables explain some of the changes in demand, but a significant amount remains as evidence of a change in consumer tastes.

Palabras clave

Citación