Blanciforti86 {micEcon}R Documentation

Artificial Prices and Quantities

Description

The Blanciforti86 data frame contains data on food demand in the U.S.A. from 1947 to 1978. These data include total food expenditure, expenditure shares of 4 food commodity groups and price indices for these 4 food commodity groups. The 4 groups are 1 = meats, 2 = fruits and vegetables, 3 = cereal and bakery products, and 4 = miscellaneous foods.

Usage

data(Blanciforti86)

Format

This data frame contains the following columns:

pFood1
Price index of food commodity group 1.
pFood2
Price index of food commodity group 2.
pFood3
Price index of food commodity group 3.
pFood4
Price index of food commodity group 4.
wFood1
Expenditure share of food commodity group 1 in total food expenditure.
wFood2
Expenditure share of food commodity group 2 in total food expenditure.
wFood3
Expenditure share of food commodity group 3 in total food expenditure.
wFood4
Expenditure share of food commodity group 4 in total food expenditure.
xFood
Expenditure for Food.

Source

Blanciforti, Laura. A., Richard D. Green and Gordon A. King (1986) U.S. Consumer Behavior Over the Postwar Period: An Almost Ideal Demand System Analysis. Giannini Foundation Monograph Number 40, August 1986.


[Package micEcon version 0.1-7 Index]