Publication Date
1-2000
Series Number
00-WP 236
Abstract
In this study, the linear approximate version of the Almost Ideal Demand System (AIDS) model is estimated using data from the Lithuanian household budget survey covering the period from July 1992 to December 1994. Based on the estimated coefficients of the model, Hossain and Jensen estimated price and real expenditure elasticities for 12 food groups. Estimated expenditure elasticities were positive and statistically significant for all food groups while all own-price elasticities were negative and statistically significant, except for that of eggs which was insignificant. Results suggest that Lithuanian household consumption responded to price and real income changes during the transition to a market-oriented economy.
Publication Information
This working paper was published as Hossain, Ferdaus and Helen H. Jensen, "Lithuania's food demand during economic transition," Agriculturla Economics 23 (2000): 31–40, doi:10.1111/j.1574-0862.2000.tb00081.x.
Recommended Citation
Hossain, Ferdaus and Jensen, Helen H., "Lithuania's Food Demand During Economic Transition" (2000). CARD Working Papers. 288.
https://lib.dr.iastate.edu/card_workingpapers/288
Included in
Agricultural and Resource Economics Commons, Agricultural Economics Commons, Growth and Development Commons