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GTAP Resource #295

"Changes in the Structure of Global Food Demand"
by Cranfield, John, Thomas Hertel, James Eales and Paul Preckel


Abstract
May 1998

Purdue AGEC Staff Paper #98-5

A newly developed demand system is used to estimate the response of food and food product demand to per capita expenditure changes. The resulting Engel elasticities are then used to project food and food product demand in 2020 assuming per capita expenditure and population changes.

Results suggest that while food expenditure is projected to grow, it accounts for a smaller proportion of total expenditure. Further analysis indicates change in the composition of food demand away from a grain and towards livestock is projected to occur in lower income countries in 2020.


Resource Details () GTAP Keywords
Category: Working Paper
Status: Not published
By/In: GTAP Working Paper No. 01
Date: 1998
Version:
Created: Bacou, M. (9/27/2000)
Updated: Batta, G. (2/26/2009)
DOI: https://doi.org/10.21642/GTAP.WP01
Visits: 35,305
No keywords have been specified.


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