Cross-Price Elasticities of Demand Across 114 Countries

Anita Regmi andJames L. Seale, Jr.

United States Department of Agriculture

关键词: Cross-country demand analysis;    cross-price elasticities;    1996 ICP data;    Florida Model;    Frisch elasticity;    complete demand analysis;    food demand;   

RP-ID  :  TB-1925

学科分类：农业科学（综合）

美国|英语

来源: United States Department of Agriculture Publications

【 摘 要 】

This report presents a simple methodology for calculating cross-price elasticities across countries, using the Frisch own-price elasticity. Cross-price elasticities are calculated for 9 major consumption categories from the 1996 International Comparison Program data across 114 countries. The consumption categories are: food, beverage, and tobacco; clothing and footwear; education; gross rent, fuel, and power; house furnishings and operations; medical care; recreation; transport and communications; and "other" items. Additionally, cross-price elasticities are calculated and reported for a two-good demand system of food and nonfood. The elasticity estimates from this report are the only available consistent cross-country cross-price elasticity estimates across this large a number of countries and consumption categories.