PRICE AND INCOME ELASTICITY OF DEMAND FOR FOOD IN IRAN: A DYNAMIC DEMAND SYSTEM

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BARIKANI E.; SHAJARI SH.; AMJADI A.

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

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Paper Information

Journal: Journal of Agricultural Economics and Development Year:2008 | Volume:15 | Issue:4 (60) Page(s): 125-145

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Information Journal Paper

Title

PRICE AND INCOME ELASTICITY OF DEMAND FOR FOOD IN IRAN: A DYNAMIC DEMAND SYSTEM

Author(s)

BARIKANI E. | SHAJARI SH. | AMJADI A. | Issue Writer Certificate

Keywords

ALMOST IDEAL DEMAND SYSTEMQ3

SEPERABILITY TESTQ3

STATIC AND DYNAMIC MODELSQ3

COMPENSATED AND UN-COMPENSATED OWN-PNCE ELASTICITYQ3

FOODQ2

Abstract

The demand for FOOD is estimated within a system framework. The seperability structure of the model is checked by a parametric test. The ALMOST IDEAL DEMAND SYSTEM is estimated by seemingly unrelated regression in the static and dynamic version based on the time series data for 1974-2003 in Iran. The results of various specification and misspecification tests suggest that the static version performs poorly as compared with the dynamic version.The results of seperability structure rejected hypothesis saying consumers first allocate their income among different FOOD groups and then within subgroup of meat. The compensated and un-compensated own-price elasticity is negative and the income elasticity is positive.

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APA: Copy

BARIKANI, E., SHAJARI, SH., & AMJADI, A.. (2008). PRICE AND INCOME ELASTICITY OF DEMAND FOR FOOD IN IRAN: A DYNAMIC DEMAND SYSTEM. EQTESAD-E KESHAVARZI VA TOWSE'E, 15(4 (60)), 125-145. SID. https://sid.ir/paper/24325/en

Vancouver: Copy

BARIKANI E., SHAJARI SH., AMJADI A.. PRICE AND INCOME ELASTICITY OF DEMAND FOR FOOD IN IRAN: A DYNAMIC DEMAND SYSTEM. EQTESAD-E KESHAVARZI VA TOWSE'E[Internet]. 2008;15(4 (60)):125-145. Available from: https://sid.ir/paper/24325/en

IEEE: Copy

E. BARIKANI, SH. SHAJARI, and A. AMJADI, “PRICE AND INCOME ELASTICITY OF DEMAND FOR FOOD IN IRAN: A DYNAMIC DEMAND SYSTEM,” EQTESAD-E KESHAVARZI VA TOWSE'E, vol. 15, no. 4 (60), pp. 125–145, 2008, [Online]. Available: https://sid.ir/paper/24325/en

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