ESTIMATING URBAN HOUSEHOLDS DEMAND FOR MAIN FOOD GROUPS IN IRAN: APPLICATION OF ALMOST IDEAL DEMAND SYSTEM

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SOHRABI F.; HOSEINZAD J.; DASHTI GH.

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Paper Information

Journal: JOURNAL OF AGRICULTURAL ECONOMICS RESEARCH Year:2012 | Volume:3 | Issue:4 (12) Page(s): 17-37

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Title

ESTIMATING URBAN HOUSEHOLDS DEMAND FOR MAIN FOOD GROUPS IN IRAN: APPLICATION OF ALMOST IDEAL DEMAND SYSTEM

Author(s)

SOHRABI F. | HOSEINZAD J. | DASHTI GH. | Issue Writer Certificate

Keywords

IDEAL DEMAND SYSTEMQ2

OWN PRICE ELASTICITYQ2

CROSS PRICE ELASTICITYQ2

FOOD GROUPSQ2

Abstract

In this paper, demand is estimated for 8 main FOOD GROUPS' for1974 -2006 periods by using reversed almost IDEAL DEMAND SYSTEM. Results indicated that meat groups had the highest OWN PRICE ELASTICITY equal to -1.04, and dairy groups had the lowest OWN PRICE ELASTICITY equal to 0.77In addition, the results of the quantity changes of products in relation to their prices under various scenarios showed that if the quantity of FOOD GROUPS decreases (increases) in the market; their prices would increase (decrease) accordingly. However, the amount of price changes for various groups would not be identical and is related to scale and price elasticity of each group. In order to stabilize food market it is suggested that the annual amount of supply of each food group regulated based on elasticity estimation, production, and import, export control.

Cites

ESTIMATING FOOD DEMAND IN SISTAN AND BALUCHESTAN USING TWO SYSTEMS OF NNDS AND QUAIDS

References

FORECASTING PRICE OF SOME CROP PRODUCTS IN FARS PROVINCE: APPLICATION OF ARTIFICIAL NEURAL NETWORK

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APA: Copy

SOHRABI, F., HOSEINZAD, J., & DASHTI, GH.. (2012). ESTIMATING URBAN HOUSEHOLDS DEMAND FOR MAIN FOOD GROUPS IN IRAN: APPLICATION OF ALMOST IDEAL DEMAND SYSTEM. JOURNAL OF AGRICULTURAL ECONOMICS RESEARCH, 3(4 (12)), 17-37. SID. https://sid.ir/paper/158809/en

Vancouver: Copy

SOHRABI F., HOSEINZAD J., DASHTI GH.. ESTIMATING URBAN HOUSEHOLDS DEMAND FOR MAIN FOOD GROUPS IN IRAN: APPLICATION OF ALMOST IDEAL DEMAND SYSTEM. JOURNAL OF AGRICULTURAL ECONOMICS RESEARCH[Internet]. 2012;3(4 (12)):17-37. Available from: https://sid.ir/paper/158809/en

IEEE: Copy

F. SOHRABI, J. HOSEINZAD, and GH. DASHTI, “ESTIMATING URBAN HOUSEHOLDS DEMAND FOR MAIN FOOD GROUPS IN IRAN: APPLICATION OF ALMOST IDEAL DEMAND SYSTEM,” JOURNAL OF AGRICULTURAL ECONOMICS RESEARCH, vol. 3, no. 4 (12), pp. 17–37, 2012, [Online]. Available: https://sid.ir/paper/158809/en

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