research
CONSISTENT AGGREGATION IN FOOD DEMAND SYSTEMS
- Publication date
- Publisher
Abstract
Two aggregation schemes for food demand systems are tested for consistency with the Generalized Composite Commodity Theorem (GCCT). One scheme is based on the standard CES classification of food expenditures. The second scheme is based on the Food Guide Pyramid. Evidence is found that both schemes are consistent with the GCCT.Demand and Price Analysis,