Why is food cheaper in rich (European) countries?
Relative to non-food items, food tends to be cheaper in rich, as compared with poorEuropean countries. This tendency cannot be explained in terms of cost developments or foreign-trade considerations. A positive explanation proposed focuses on demand-income-supply interaction. An analysis of a cross-...
Main Author: | Leon Podkaminer |
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Format: | Article |
Language: | English |
Published: |
Associazione Economia civile
2004-09-01
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Series: | PSL Quarterly Review |
Subjects: | |
Online Access: | http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/9830/9715 |
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