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

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FIGURE 6TWO MEASURES OF INCOME DIFFERENCES100Log ratio of realincome of country<strong>to</strong> geometric mean× 100500-50Unadjusted for pricesAdjusted for prices-100-150Poorer-30Log ratio of realincome of country<strong>to</strong> geometric mean× 100-60CountryAdjusted for prices-90-120Unadjusted for pricesPoorer-150Country30
FIGURE 7MATRIX OF HISTOGRAMS OF SIMULATED INCOME DIFFERENCES FOR SIX COUNTRY GROUPS( Logarithmic ratios × 100)← POORER RICHER →Group 6 Group 5 Group 4 Group 3 Group 2300300300300300Group 12001000-17.5 17.5 52.5 87.5 122.52001000-17.5 17.5 52.5 87.5 122.52001000-17.5 17.5 52.5 87.5 122.52001000-17.5 17.5 52.5 87.5 122.52001000-17.5 17.5 52.5 87.5 122.5300300300300← POORER RICHER →Group 4Group 3Group 22001000-17.5 17.5 52.5 87.5 122.53002001000-17.5 17.5 52.5 87.5 122.53002001000-17.5 17.5 52.5 87.5 122.52001000-17.5 17.5 52.5 87.5 122.53002001000-17.5 17.5 52.5 87.5 122.53002001000-17.5 17.5 52.5 87.5 122.52001000-17.5 17.5 52.5 87.5 122.53002001000-17.5 17.5 52.5 87.5 122.52001000-17.5 17.5 52.5 87.5 122.5300Group 52001000-17.5 17.5 52.5 87.5 122.531
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 26 and 27: SCATTER OF CHANGES IN FOOD BUDGET S
Page 28 and 29: TABLE 5THE FLORIDA MODEL: ESTIMATES
Page 30 and 31: 2. Q * = geometric mean of Q c3. SD
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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