Analysis of Substitute Products in the Demand for Food Products in Côte d'Ivoire
Loading...
Files
Date
2017-01-22
Authors
Beke, Tite Ehuitché
Journal Title
Journal ISSN
Volume Title
Publisher
African Economic Research consortium
Abstract
This study analyses the demand for staple foods in Côte d’Ivoire and assesses the
impact of fluctuations in food prices on household well-being. It focuses on the priceand income elasticities of food demand, as they are useful parameters for measuring
households’ reaction to the changes in prices and incomes, and for improving food
policies. The study also assesses the loss in well-being arising from food crises with a
view to recommending more effective measures for supporting households. It uses an
approach that measuresa Quadratic Almost Ideal Demand System (QUAIDS) in order
to highlight price and expenditure elasticities. The data used in the study were obtained
from the National Household Living Standards Survey (ENV) conducted by the National
Institute of Statistics (INS) in 2008. The estimated expenditure and price elasticities
show that the four food clusters under analysis (cereals, root crops and tubers, fruit and
vegetables, and animal products) were staple foods that were price inelastic for all the
households. A substitutability relationship is observed between cereals, and root crops
and tubers. However, animal products and vegetables are found to be complementary
to each other and complementary to cereals and root crops and tubers.
Description
Keywords
Food security, , demand system, , analysis of well-being