Food consumption changes and responses to price in the urban areas of Chinese Loess Plateau

DOI

10.2991/icreet-16.2017.71How to use a DOI?

Keywords

The Loess Plateau, urban residents, food consumption, AIDS model

Abstract

This paper applied the AIDS model, using parameter estimation method to estimate the expenditure elasticity, self-price elasticity and cross-price elasticity of the food consumption of urban residents in the Loess Plateau, China. The results showed: the expenditure elasticity of eggs is 3.0268, which means that it is the elastic good, and grain has the minimum price elasticity, by reason of grain is a kind of goods that lack of flexibility. The variation trend of self-price elasticity is that the elasticity change of grain and oil is not obvious, eggs, meat and poultry's elasticity reduced significantly, indicating that with the development of regional economy and the increase of income, urban residents' sensitivity to price changes for poultry and eggs decreased in the Loess Plateau.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Zhiyuan Xu
AU  - Changhe Lu
PY  - 2017/03
DA  - 2017/03
TI  - Food consumption changes and responses to price in the urban areas of Chinese Loess Plateau
BT  - Proceedings of the 2016 4th International Conference on Renewable Energy and Environmental Technology (ICREET 2016)
PB  - Atlantis Press
SP  - 418
EP  - 422
SN  - 2352-5401
UR  - https://doi.org/10.2991/icreet-16.2017.71
DO  - 10.2991/icreet-16.2017.71
ID  - Xu2017/03
ER  -