Belief reversals as phase transitions and economic fragility: a complexity theory of financial cycles with reflexive agents
In: Review of evolutionary political economy: REPE, Band 1, Heft 1, S. 67-84
ISSN: 2662-6144
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In: Review of evolutionary political economy: REPE, Band 1, Heft 1, S. 67-84
ISSN: 2662-6144
In: International review of social history, Band 63, Heft 2, S. 356-358
ISSN: 1469-512X
In: Social history, Band 41, Heft 1, S. 118-119
ISSN: 1470-1200
In: The art of the possible, S. 207-223
In: Children & society, Band 27, Heft 5, S. 418-420
ISSN: 1099-0860
In: European history quarterly, Band 41, Heft 1, S. 168-170
ISSN: 1461-7110
In: History of political economy, Band 41, Heft 1, S. 209-211
ISSN: 1527-1919
In: Forum for social economics, Band 38, Heft 1, S. 79-89
ISSN: 1874-6381
International audience ; This paper explores rural household food consumption behaviour in China using a large household data set from Jilin Province. Data are classified into four main food groups--grain, vegetable products, animal products and other foods. A household food demand system, incorporating four household characteristics, is estimated using an LA-AIDS model, assuming a three-stage budgeting procedure. Expenditure elasticities for a range of food groups are estimated, with a particular focus on animal products. The inclusion of household characteristics did not have a big impact on the elasticity values in any of the three stages of the budgeting process. The total expenditure elasticity for grain (stage II) was 0.64, suggesting substantial future growth in household demand for fine grains such as rice and wheat, as per capita incomes continue to grow in rural areas. The highest conditional and total expenditure elasticity values were for the animal products (stage II) group, 1.22 and 0.76 respectively. Within this group the elasticities were highest for the meat sub-group at 1.14 and 0.87 respectively, suggesting an almost proportionate increase in demand as household incomes grow. Added demand pressures from animal production will likely keep grain policy high on the political agenda.
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In: Applied Economics, Band 39, Heft 3, S. 373-380
This paper explores rural household food consumption behaviour in China using a large household data set from Jilin Province. Data are classified into four main food groups—grain, vegetable products, animal products and other foods. A household food demand system, incorporating four household characteristics, is estimated using an LA-AIDS model, assuming a three-stage budgeting procedure. Expenditure elasticities for a range of food groups are estimated, with a particular focus on animal products. The inclusion of household characteristics did not have a big impact on the elasticity values in any of the three stages of the budgeting process. The total expenditure elasticity for grain (stage II) was 0.64, suggesting substantial future growth in household demand for fine grains such as rice and wheat, as per capita incomes continue to grow in rural areas. The highest conditional and total expenditure elasticity values were for the animal products (stage II) group, 1.22 and 0.76 respectively. Within this group the elasticities were highest for the meat sub-group at 1.14 and 0.87 respectively, suggesting an almost proportionate increase in demand as household incomes grow. Added demand pressures from animal production will likely keep grain policy high on the political agenda.
In: Review of social economy: the journal for the Association for Social Economics, Band 65, Heft 1, S. 139-140
ISSN: 1470-1162
In: Children & society, Band 21, Heft 2, S. 154-156
ISSN: 1099-0860
In: Naples and Napoleon, S. 15-34