New International Evidence on Food Consumption Patterns: A Focus on Cross-Price Effects Based on 2005 International Comparison Program Data

by Birgit Meade, Anita Regmi, James L. Seale, Jr., and Andrew Muhammad

Cross-price elasticities are updated from the World Bank's 2005 International Comparison Program (ICP) data for nine major consumption categories across 144 countries in this report. The consumption categories are: Food, beverage and tobacco; clothing and footwear; housing; house furnishings and operations; medical and health; transport and communications; recreation; education; and "other."

Keywords: Cross-country demand analysis, cross-price elasticities, 2005 International Comparison Program data, ICP, Florida model, Frisch elasticity, complete demand analysis, food demand

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