Income and the Importance of Substitution
Fundamentals for Health Sciences
Bibliographic Data
| ID | 23464803 |
|---|---|
| Authors | George C Davis (0000-0001-5250-7514), E Serrano (0000-0003-1542-4378), Elena L Serrano |
| Year | 2017 |
| Pages | 288 |
| Publication date | 2017-11-23 |
| Open Access | No |
| Type | BOOK |
| Venue | Food and Nutrition Economics (SOURCE_BOOK) |
| Publisher | Oxford University Press (PUBLISHER • GB) |
| DOI | 10.1093/oso/9780199379118.003.0004 |
| OpenAlex | W4234886194 |
| ISBN | 9780199379118 |
| Open Library | OL27709184M |
| Language | EN |
Chapter 4 extends the analysis of Chapter 3 to allow for substitution possibilities between foods. It evaluates the possible changes in food consumption induced by a change in income relative to a nutrient or food recommendation level, allowing for substitution possibilities between foods. The framework is used to derive the Engle curve, which shows the relationship between income and food consumption. The chapter closes with some of the main empirical findings relating income to food choices and nutrition.
Agricultural economics · Consumption (sociology) · Economics · Food consumption · Public economics · Sociology · Substitution (logic) · Computer Science · Income, Poverty, and Inequality · Choice Behavior · Diet · Food · Food Industry · Food preferences · Nutrition · Nutritional Physiological Phenomena · Nutritional Status
| Highly cited | No |
|---|