Perché i generi alimentari sono meno costosi nei paesi (europei) ricchi? (Why Is Food Cheaper in Rich [European] Countries?)
<p>Relative to non-food items, food tends to be cheaper in rich, as compared with poor European 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 o...
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2012-04-01
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doaj-25b223aac09041b8ac53fa2d21978a482020-11-24T23:19:43ZitaAssociazione Economia civileMoneta e Credito2037-36512012-04-01572279867Perché i generi alimentari sono meno costosi nei paesi (europei) ricchi? (Why Is Food Cheaper in Rich [European] Countries?)Alessandro Podkaminer<p>Relative to non-food items, food tends to be cheaper in rich, as compared with poor European 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-country price-augmented modification of Engel's Law, econometrically specified, indicates that the relative price of food is related positively to the supply of food items and negatively to that of non-food items. This finding is consistent with "agricultural price scissors", and also casts a different light on the nature of economic development and structural change.</p><p> </p><p> </p><p><strong>JEL Codes:</strong> D12, L11, L66, Q11</p><p><strong>Keywords: </strong>Food, Prices</p>http://ojs.uniroma1.it/index.php/monetaecredito/article/view/9768FoodPrices |
collection |
DOAJ |
language |
Italian |
format |
Article |
sources |
DOAJ |
author |
Alessandro Podkaminer |
spellingShingle |
Alessandro Podkaminer Perché i generi alimentari sono meno costosi nei paesi (europei) ricchi? (Why Is Food Cheaper in Rich [European] Countries?) Moneta e Credito Food Prices |
author_facet |
Alessandro Podkaminer |
author_sort |
Alessandro Podkaminer |
title |
Perché i generi alimentari sono meno costosi nei paesi (europei) ricchi? (Why Is Food Cheaper in Rich [European] Countries?) |
title_short |
Perché i generi alimentari sono meno costosi nei paesi (europei) ricchi? (Why Is Food Cheaper in Rich [European] Countries?) |
title_full |
Perché i generi alimentari sono meno costosi nei paesi (europei) ricchi? (Why Is Food Cheaper in Rich [European] Countries?) |
title_fullStr |
Perché i generi alimentari sono meno costosi nei paesi (europei) ricchi? (Why Is Food Cheaper in Rich [European] Countries?) |
title_full_unstemmed |
Perché i generi alimentari sono meno costosi nei paesi (europei) ricchi? (Why Is Food Cheaper in Rich [European] Countries?) |
title_sort |
perché i generi alimentari sono meno costosi nei paesi (europei) ricchi? (why is food cheaper in rich [european] countries?) |
publisher |
Associazione Economia civile |
series |
Moneta e Credito |
issn |
2037-3651 |
publishDate |
2012-04-01 |
description |
<p>Relative to non-food items, food tends to be cheaper in rich, as compared with poor European 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-country price-augmented modification of Engel's Law, econometrically specified, indicates that the relative price of food is related positively to the supply of food items and negatively to that of non-food items. This finding is consistent with "agricultural price scissors", and also casts a different light on the nature of economic development and structural change.</p><p> </p><p> </p><p><strong>JEL Codes:</strong> D12, L11, L66, Q11</p><p><strong>Keywords: </strong>Food, Prices</p> |
topic |
Food Prices |
url |
http://ojs.uniroma1.it/index.php/monetaecredito/article/view/9768 |
work_keys_str_mv |
AT alessandropodkaminer percheigenerialimentarisonomenocostosineipaesieuropeiricchiwhyisfoodcheaperinricheuropeancountries |
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