Food demand estimation from consumption and expenditure data: Meat demand in Nigeria
Hidden consumption is a potential problem when consumers’ expenditure data from household surveys are used in demand analyses. A solution is to collect and use actual consumption data. This study compares demand estimation using consumption and expenditure data and evaluates meat demand in Nigeria....
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Cambridge University Press
|
| Series: | Agricultural and Resource Economics Review |
| Subjects: | |
| Online Access: | https://www.cambridge.org/core/product/identifier/S1068280523000345/type/journal_article |
| _version_ | 1797349169571037184 |
|---|---|
| author | Olumide Aborisade Carlos E. Carpio Tullaya Boonsaeng |
| author_facet | Olumide Aborisade Carlos E. Carpio Tullaya Boonsaeng |
| author_sort | Olumide Aborisade |
| collection | DOAJ |
| description | Hidden consumption is a potential problem when consumers’ expenditure data from household surveys are used in demand analyses. A solution is to collect and use actual consumption data. This study compares demand estimation using consumption and expenditure data and evaluates meat demand in Nigeria. Data are from a nationally representative panel from Nigeria. The results show the elasticities estimated across both datasets were very similar; thus, if the only objective of data collection is to estimate elasticity using a demand system framework, collection of both types of data (consumption and expenditures) may be unnecessary. The elasticity estimates classify poultry, beef, and processed seafood as luxuries, while other meat and unprocessed seafood are classified as necessities. Own-price elasticities from both datasets indicated that poultry, beef, and processed seafood were price-elastic, and poultry was the most price-elastic. |
| first_indexed | 2024-03-08T12:26:28Z |
| format | Article |
| id | doaj.art-96907b2d87cd4a0bb4935d1e24207329 |
| institution | Directory Open Access Journal |
| issn | 1068-2805 2372-2614 |
| language | English |
| last_indexed | 2024-03-08T12:26:28Z |
| publisher | Cambridge University Press |
| record_format | Article |
| series | Agricultural and Resource Economics Review |
| spelling | doaj.art-96907b2d87cd4a0bb4935d1e242073292024-01-22T09:56:11ZengCambridge University PressAgricultural and Resource Economics Review1068-28052372-261411910.1017/age.2023.34Food demand estimation from consumption and expenditure data: Meat demand in NigeriaOlumide Aborisade0Carlos E. Carpio1Tullaya Boonsaeng2https://orcid.org/0000-0002-5699-0985Abraham Baldwin Agricultural College, Tifton, GA 31793, USADepartment of Agricultural and Applied Economics, Texas Tech University, Lubbock, TX 79409-2132, USADepartment of Agricultural and Applied Economics, Texas Tech University, Lubbock, TX 79409-2132, USAHidden consumption is a potential problem when consumers’ expenditure data from household surveys are used in demand analyses. A solution is to collect and use actual consumption data. This study compares demand estimation using consumption and expenditure data and evaluates meat demand in Nigeria. Data are from a nationally representative panel from Nigeria. The results show the elasticities estimated across both datasets were very similar; thus, if the only objective of data collection is to estimate elasticity using a demand system framework, collection of both types of data (consumption and expenditures) may be unnecessary. The elasticity estimates classify poultry, beef, and processed seafood as luxuries, while other meat and unprocessed seafood are classified as necessities. Own-price elasticities from both datasets indicated that poultry, beef, and processed seafood were price-elastic, and poultry was the most price-elastic.https://www.cambridge.org/core/product/identifier/S1068280523000345/type/journal_articleData qualityEASI demand systemhidden consumptionNigeriaD12 |
| spellingShingle | Olumide Aborisade Carlos E. Carpio Tullaya Boonsaeng Food demand estimation from consumption and expenditure data: Meat demand in Nigeria Agricultural and Resource Economics Review Data quality EASI demand system hidden consumption Nigeria D12 |
| title | Food demand estimation from consumption and expenditure data: Meat demand in Nigeria |
| title_full | Food demand estimation from consumption and expenditure data: Meat demand in Nigeria |
| title_fullStr | Food demand estimation from consumption and expenditure data: Meat demand in Nigeria |
| title_full_unstemmed | Food demand estimation from consumption and expenditure data: Meat demand in Nigeria |
| title_short | Food demand estimation from consumption and expenditure data: Meat demand in Nigeria |
| title_sort | food demand estimation from consumption and expenditure data meat demand in nigeria |
| topic | Data quality EASI demand system hidden consumption Nigeria D12 |
| url | https://www.cambridge.org/core/product/identifier/S1068280523000345/type/journal_article |
| work_keys_str_mv | AT olumideaborisade fooddemandestimationfromconsumptionandexpendituredatameatdemandinnigeria AT carlosecarpio fooddemandestimationfromconsumptionandexpendituredatameatdemandinnigeria AT tullayaboonsaeng fooddemandestimationfromconsumptionandexpendituredatameatdemandinnigeria |