Consumption of Food, Alcohol, Tobacco, Restaurants and Soft Drinks

Saroja Selvanathan, Maneka Jayasinghe, Selva Selvanathan

    Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

    Abstract

    This chapter discusses the food and alcohol as one group, namely ‘food’, and analysed the demand for the food group together with another eight or nine broad commodity groups such as clothing, housing, health and restaurant meals unconditionally. Consumer demand for food is an important consideration for policy makers and agribusiness market participants to plan and implement social, welfare and food security-related policies and business policies. However, the magnitude of change in food demand in response to a change in price and income can be predicted and quantified through income and price elasticities. Alcohol consumption patterns are also of great interest to many stakeholders. Worldwide, the harmful use of alcohol results in 3 million deaths annually, representing about 5.3 percent of the global deaths. A large body of consumer demand literature has noted that reducing the affordability of alcohol has shown significant effectiveness in controlling alcohol consumption.
    Original languageEnglish
    Title of host publicationHousehold Demand for Consumer Goods in Developing Countries
    Subtitle of host publicationA Comparative Perspective with Developed Countries
    EditorsSelva Selvanathan, Saroja Selvanathan, Maneka Jayasinghe
    Place of PublicationLondon
    PublisherRoutledge Taylor & Francis Group
    Chapter6
    Pages1-50
    Number of pages50
    Edition1
    ISBN (Electronic)9780429200120
    Publication statusPublished - 2022

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