Skip to main content
Article
Lithuania's food demand during economic transition
Agricultural Economics
  • Ferdaus Hossain, Rutgers University - New Brunswick/Piscataway
  • Helen H. Jensen, Iowa State University
Document Type
Article
Publication Version
Submitted Manuscript
Publication Date
6-1-2000
DOI
10.1111/j.1574-0862.2000.tb00081.x
Abstract

The linear approximate version of the almost ideal demand system (LA-AIDS) model is estimated using data from the Lithuanian household budget survey (HBS) covering the period from July 1992 to December 1994. Price and real expenditure elasticities for 12 food groups were estimated based on the estimated coefficients of the model. Very little or nothing is known about the demand parameters of Lithuania and other former socialist countries, so the results are of intrinsic interest. Estimated expenditure elasticities were positive and statistically significant for all food groups, while all own-price elasticities were negative and statistically significant, except for that of eggs which was insignificant. Results suggest that Lithuanian household consumption did respond to price and real income changes during their transition to a market-oriented economy.

Comments

This is a working paper of an article from Agricultural Economics 23 (2000): 31, doi: 10.1111/j.1574-0862.2000.tb00081.x.

Citation Information
Ferdaus Hossain and Helen H. Jensen. "Lithuania's food demand during economic transition" Agricultural Economics Vol. 23 Iss. 1 (2000) p. 31 - 40
Available at: http://works.bepress.com/helen-jensen/133/