2021
DOI: 10.2139/ssrn.3940257
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Global Consumption Patterns, Quality and Food Demand

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Cited by 2 publications
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“…For example, Kee et al ( 2008 ) use a modified‐GDP‐function approach and find average price elasticities in 117 countries to be in the range of −4.05 (Japan) to −1.04 (Gambia) for about 4,600 traded products. Recently, Clements and Vo ( 2021 ) utilise a demand model similar to ours and found that price elasticities across 176 countries ranges from −4.72 (Luxembourg) to −0.20 (Niger) for 9 broad commodity aggregates. 13 In general, our results agree with those of previous research which shows that elasticities are lower when income falls.…”
Section: Resultsmentioning
confidence: 78%
“…For example, Kee et al ( 2008 ) use a modified‐GDP‐function approach and find average price elasticities in 117 countries to be in the range of −4.05 (Japan) to −1.04 (Gambia) for about 4,600 traded products. Recently, Clements and Vo ( 2021 ) utilise a demand model similar to ours and found that price elasticities across 176 countries ranges from −4.72 (Luxembourg) to −0.20 (Niger) for 9 broad commodity aggregates. 13 In general, our results agree with those of previous research which shows that elasticities are lower when income falls.…”
Section: Resultsmentioning
confidence: 78%