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U.S. Income Distribution and Gorman Engel Curves for Food

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dc.contributor.editor Johnston, Richard S.
dc.contributor.editor Shriver, Ann L.
dc.creator LaFrance, J.T.
dc.creator Beatty, T.K.M.
dc.creator Pope, R.D.
dc.creator Agnew, G.K.
dc.date 2001
dc.date.accessioned 2012-10-15T19:05:25Z
dc.date.available 2012-10-15T19:05:25Z
dc.date.copyright 2001
dc.date.issued 2001
dc.identifier.citation LaFrance, J.T., et.al. U.S. Income Distribution and Gorman Engel Curves for Food. In: Microbehavior and Macroresults:Proceedings of the Tenth Biennial Conference of the International Institute ofFisheries Economics and Trade, July 10-14, 2000, Corvallis, Oregon, USA.Compiled by Richard S. Johnston and Ann L. Shriver. InternationalInstitute of Fisheries Economics and Trade (IIFET), Corvallis, 2001. en_US
dc.identifier.uri http://hdl.handle.net/1957/34420
dc.description.abstract A method for nesting, estimating and testing for the rank and functional form of the income terms in an incomplete system of aggregable and integrable demand equations is derived. Information theory is applied to the problem of inferring the U.S. income distribution using annual time series data on quintile and top five percentile income ranges and intra-quintile and top five percentile mean incomes. Estimates for the year-to-year income distribution are combined with annual time series data on the U.S. consumption of and retail prices for twenty-one food items to estimate the rank and functional form of the income terms in U.S. food demand over the period 1919-95, excluding 1942-46 to allow for the structural impacts of World War II. en_US
dc.description.sponsorship International Institute of Fisheries Economics and Trade U.S. National Marine Fisheries Service MG Kailis Group en_US
dc.language.iso en en_US
dc.publisher International Institute of Fisheries Economics and Trade en_US
dc.subject Fisheries Economics en_US
dc.subject Markets and Trade en_US
dc.subject Price Analysis and Demand Estimation en_US
dc.title U.S. Income Distribution and Gorman Engel Curves for Food en_US
dc.type Research Paper en_US
dc.description.peerreview no en_US


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