The Infant Formula Market: Consequences of a Change in the WIC Contract Brand
In: USDA-ERS Economic Research Report No. 124
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In: USDA-ERS Economic Research Report No. 124
SSRN
Working paper
In: Food assistance and nutrition research report 39
In: Contemporary economic policy: a journal of Western Economic Association International, Band 28, Heft 4, S. 524-536
ISSN: 1465-7287
Most Americans need to consume more fruits, vegetables, and dairy products. This need is particularly acute among low‐income individuals. This study examines the cost‐effectiveness of two economic policies that use alternative policy levers available within the Supplemental Nutrition Assistance Program (formerly Food Stamp Program) to increase consumption of these under‐consumed foods. Data from three nationally representative surveys are used to estimate demand elasticities, marginal propensity to spend on food out of food stamp benefits, and consumption amount of and spending on under‐consumed foods among food stamp recipients. Results suggest that a 10% price subsidy would curtail consumption deficiencies by 4%–7% at an estimated cost of $734 million a year. When the same $734 million is used to finance food stamp benefits, consumption deficiencies are predicted to narrow by only 0.35%–0.40%. (JEL C34, D12, Q18)
In: Contemporary Economic Policy, Band 28, Heft 4, S. 524-536
SSRN