Article
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An Analysis of Calorie Consumption and Elasticity in Vietnam
Version 1
: Received: 24 August 2020 / Approved: 25 August 2020 / Online: 25 August 2020 (13:42:09 CEST)
How to cite: VU, L.H. An Analysis of Calorie Consumption and Elasticity in Vietnam. Preprints 2020, 2020080556. https://doi.org/10.20944/preprints202008.0556.v1 VU, L.H. An Analysis of Calorie Consumption and Elasticity in Vietnam. Preprints 2020, 2020080556. https://doi.org/10.20944/preprints202008.0556.v1
Abstract
This paper analyzes calorie consumption in Vietnam using the household survey data. The data suggest that food insecurity is still a major problem in Vietnam, with nearly 40 percent of the population being unable to meet their calorie requirement. Employing nonparametric and parametric estimation techniques, the paper examines the relationship between household calorie consumption and per capita household expenditure in Vietnam. The analysis indicates a positive and significant relationship between per capita expenditure and per capita calorie consumption. The mean calorie elasticity is estimated to be between 0.21 and 0.31 by the parametric method and 0.20 by non-parametric method. In addition, simulated income and food price changes indicate that undernutrition is very responsive to changes in income and food prices
Keywords
Food; calorie; Vietnam; elasticity
Subject
Business, Economics and Management, Economics
Copyright: This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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