Socioeconomic Factors Affecting Household Expenditures on Fresh and Prepared Seafood: The Spanish Case

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2006-05-01
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Manrique, Justo
Jensen, Helen
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Jensen, Helen
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Economics

The Department of Economic Science was founded in 1898 to teach economic theory as a truth of industrial life, and was very much concerned with applying economics to business and industry, particularly agriculture. Between 1910 and 1967 it showed the growing influence of other social studies, such as sociology, history, and political science. Today it encompasses the majors of Agricultural Business (preparing for agricultural finance and management), Business Economics, and Economics (for advanced studies in business or economics or for careers in financing, management, insurance, etc).

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The Department of Economic Science was founded in 1898 under the Division of Industrial Science (later College of Liberal Arts and Sciences); it became co-directed by the Division of Agriculture in 1919. In 1910 it became the Department of Economics and Political Science. In 1913 it became the Department of Applied Economics and Social Science; in 1924 it became the Department of Economics, History, and Sociology; in 1931 it became the Department of Economics and Sociology. In 1967 it became the Department of Economics, and in 2007 it became co-directed by the Colleges of Agriculture and Life Sciences, Liberal Arts and Sciences, and Business.

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1898–present

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  • Department of Economic Science (1898–1910)
  • Department of Economics and Political Science (1910-1913)
  • Department of Applied Economics and Social Science (1913–1924)
  • Department of Economics, History and Sociology (1924–1931)
  • Department of Economics and Sociology (1931–1967)

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Abstract

Spain is one of the largest consumers of seafood in the world and its consumption of both fresh and prepared seafood has increased in past years.1 The changes have been attributed to health and nutrition concerns, as well as increased demand for time-saving goods and services.2 Seafood expenditures represented nearly 13% and 14% of total food expenditures in 1991 and 2002 respectively and about 52% of these were on prepared products (Gracia and Albisu 1995; Papageorgiou 2002; Escudero 2003).3 According to the predictions of the “Theory of the Allocation of Time” and its extensions (Becker 1965; Gronau 1977), the demand for prepared foods (among them seafood products) is positively related to the value of women’s time.

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This is an article from Regional Business Review 25 (2006): 100. Posted with permission.

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Sun Jan 01 00:00:00 UTC 2006
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