Abstract
Americans are consuming more complex carbohydrate-based foods. This study applies a household production model to investigate the role of US households’ demand for value-added and convenience, both defined as nonmarket commodities, in complex carbohydrate consumption. Empirical estimates of a translog household production system using Nationwide Food Consumption Survey (NFCS) data from 1977-1978 and 1987-1988 provide estimates of these commodities’ shadow values. The shadow values are used, in turn, to estimate demand functions for value-added and convenience. The results show highly significant and negative demand elasticities for both commodities, suggesting that this is a valuable tool for analyzing the structure of their demand.
Original language | English (US) |
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Pages (from-to) | 363-378 |
Number of pages | 16 |
Journal | Agribusiness |
Volume | 14 |
Issue number | 5 |
DOIs | |
State | Published - Sep 1998 |
ASJC Scopus subject areas
- Food Science
- Geography, Planning and Development
- Animal Science and Zoology
- Agronomy and Crop Science
- Economics and Econometrics