Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/203893
Authors: 
Podkaminer, Leon
Year of Publication: 
2004
Series/Report no.: 
wiiw Working Paper 28
Abstract: 
Data on household consumption provided by the European Comparison Project for 1999 are used to estimate the parameters of the cross-country Almost Ideal Demand System (AIDS) for two aggregates food and non-food. The estimates are highly significant. AIDS specified with parameter estimates is used for assessing food demand in 2010. Four alternative price trends are considered, each assuming 2% real per capita income growth p.a. in Western Europe and 4% in 12 EU accession countries (ACs). Food consumption will be rising 2.6% p.a. in ACs, and the ACs' share in all-Europe food consumption will increase from 13.6% (1999) to 16-17% (2010).
Subjects: 
cross-country demand functions
Almost Ideal Demand System
food consumption
European Comparison Project
JEL: 
R22
C53
D12
Q11
Document Type: 
Working Paper

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