Affluence and Food: A Simple Way to Infer Incomes - The University ...

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SCATTER OF CHANGES IN FOOD BUDGET SHAREAGAINST INCOME CHANGES IN 42 COUNTRIESI. All pairs of countries∆ ×abw 100100 x (wa-wb)-30-25y = -0.1282x(0.0019)R 2 = 0.8479-20-15-10-5050 20 40 60 80 100 120 140 160 180 200a b100 100 × log x log(Qa/Qb)Q )10II. Five outlining pairs excluded∆ ×abw 100100 x (wa-wb)-30-25y = -0.1301x(0.0018)R 2 = 0.8617-20-15-10-5050 20 40 60 80 100 120 140 160 180 200a b100 × 100 logx (Qlog(Qa/Qb)Q )10Note: The 5 excluded pairs of countries in panel II are Malta with Turkey, Macedonia, Romania, Russia, and Bulgaria.24
FIGURE 3SCATTER OF FOOD BUDGET SHAREAGAINST INCOMEFood budget share( × 100)4, 000 8, 000 16, 000 32, 00025
Page 1 and 2: ECONOMICSAFFLUENCE AND FOODA Simple
Page 3: 1. IntroductionEconomists’ fascin
Page 6 and 7: etween food consumption and income,
Page 8 and 9: where φ is the income flexibility
Page 11: higher share, so that in effect we
Page 15: APPENDIXAll data are from the OECD
Page 18 and 19: To further interpret the relative p
Page 20 and 21: REFERENCESBarlow, R. (1977). “A T
Page 22 and 23: TABLE 2MATRIX OF CHANGES IN FOOD BU
Page 24 and 25: TABLE 4MATRIX OF RATIOS OF CHANGES
Page 28 and 29: TABLE 5THE FLORIDA MODEL: ESTIMATES
Page 30 and 31: 2. Q * = geometric mean of Q c3. SD
Page 32 and 33: FIGURE 6TWO MEASURES OF INCOME DIFF
Page 34 and 35: TABLE 7SIMULATED INCOME DIFFERENCES
Page 36 and 37: TABLE 8PROBABILITY OF INCOME DIFFER
Page 38 and 39: TABLE A1BUDGET SHARES OF 12 GOODS I
Page 40 and 41: TABLE A3VOLUME OF CONSUMPTION PER C
Page 42: TABLE A5CONSUMPTION AND GDP PER CAP

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