AN EVALUATION OF RISE IN FOOD PRICE ON WELFARE OF URBAN HOUSEHOLDS IN IRAN

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KHOSRAVINEJAD ALIAKBAR; KHODADAD KASH FARHAD; SOHBATI ZAHRA

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Journal: ECONOMIC STRATEGY Year:2013 | Volume:2 | Issue:4 Page(s): 73-93

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Information Journal Paper

Title

AN EVALUATION OF RISE IN FOOD PRICE ON WELFARE OF URBAN HOUSEHOLDS IN IRAN

Author(s)

KHOSRAVINEJAD ALIAKBAR | KHODADAD KASH FARHAD | SOHBATI ZAHRA | Issue Writer Certificate

Keywords

ALMOST IDEAL DEMAND SYSTEMQ2

COMPENSATING VARIATIONQ2

FOOD PRICEQ3

WELFARE URBAN HOUSEHOLDSQ2

PANEL DATAQ2

Abstract

This paper aims at investigating the effect of increase in FOOD PRICE (bread, red meat, white meat, dairies and egg) on the welfare of urban households in Iran. To this end, the theory of demand and specifically the AIDS was employed to estimate the demand equation; and COMPENSATING VARIATION Criterion is used to assess changes in consumer welfare. Estimating the demand system of urban households based on budget data for the period 1996-2010 is performed by using PANEL DATA. The results show that reduced welfare due to increased FOOD PRICEs among the low-income deciles is greater than among the middle and top-deciles. Results, based on Engel Law, show budget share of food in low-income households is greater than high-income households and as a result, rises in the FOOD PRICEs directly affect this households expenditure and reduces their welfare more than that of the others

Cites

ESTIMATING THE FOOD PRICE AND INCOME ELASTICITIES IN TEHRAN URBAN HOUSEHOLDS

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APA: Copy

KHOSRAVINEJAD, ALIAKBAR, KHODADAD KASH, FARHAD, & SOHBATI, ZAHRA. (2013). AN EVALUATION OF RISE IN FOOD PRICE ON WELFARE OF URBAN HOUSEHOLDS IN IRAN. ECONOMIC STRATEGY, 2(4), 73-93. SID. https://sid.ir/paper/233810/en

Vancouver: Copy

KHOSRAVINEJAD ALIAKBAR, KHODADAD KASH FARHAD, SOHBATI ZAHRA. AN EVALUATION OF RISE IN FOOD PRICE ON WELFARE OF URBAN HOUSEHOLDS IN IRAN. ECONOMIC STRATEGY[Internet]. 2013;2(4):73-93. Available from: https://sid.ir/paper/233810/en

IEEE: Copy

ALIAKBAR KHOSRAVINEJAD, FARHAD KHODADAD KASH, and ZAHRA SOHBATI, “AN EVALUATION OF RISE IN FOOD PRICE ON WELFARE OF URBAN HOUSEHOLDS IN IRAN,” ECONOMIC STRATEGY, vol. 2, no. 4, pp. 73–93, 2013, [Online]. Available: https://sid.ir/paper/233810/en

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