Some Analyses of Income-Food Relationships

Burk, Marguerite C.

doi:10.1080/01621459.1958.10501487

Cited by 5 publications

(2 citation statements)

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“…Burk [4] and Daly [5] deflated the ERS farm-food marketing bill by the ERS marketing margin-i.e., they used the marketing margin as a price deflator. Bunkers and Cochrane as well as Fourt [7] used a double-deflated marketing-bill (value-added) concept to measure marketing services, essentially the same concept used to measure X m in this article.…”

Section: Appendix: the Price And Quantity Series For Marketing Servicesmentioning

confidence: 99%

“…In addition to explaining trends and stability of food prices, it discusses the supply relation for marketing services, a knowledge of which would enable economists to obtain better insight into the total costs (including costs to consumers) of alternative farm programs. Previous researchers in this area-Burk [4], Bunkers and Cochrane [3], Daly [5], Fourt [7], and Schultz [17]-have explained the decline in the farm share in terms of a larger income elasticity for marketing services than for farm products. One contribution of the present study is the introduction of a price variable for aggregate farm-food marketing services.…”

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confidence: 99%

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The Demand for and Supply of Food Marketing Services: An Aggregate View

Waldorf¹

1966

Journal of Farm Economics

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The central problem of this paper is to explain the decline in the farm share of U.S. consumer expenditures for food. The statistical analysis is mainly concerned with estimating the demand for and supply of foodmarketing (distribution and processing) services. The findings indicate that the increase in household purchases of marketing services from 1929 to 1962 resulted from an increase in demand. The supply of marketing services kept pace with the increase in demand so that there was no apparent trend in the "real" price of services. About one-third of the post-World War IT decline in the farm share of consumer expenditures for foods is attributed to a greater increase in the demand for services compared with the demand for farm products; two-thirds is attributed to an increase in the supply of farm products relative to demand.

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Section: Appendix: the Price And Quantity Series For Marketing Servicesmentioning

confidence: 99%

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confidence: 99%