Abstract
The structure of food demand and consumption behavior between the rich and the poor has a remarkable difference. The poor consume more grain while the rich spend more on safer and more nutritious food. We try to describe a general picture about the food demand of Vietnam’s households in some specific aspects. Several findings summarized as follows: the distribution system of Vietnam’s commodity has not operated effectively yet; the richest households’ proportion of spending on food rich in protein and nutrients is higher than other income groups, and the proportion of expenditure on cereals (rice) is still high for the poorest households; the richest households are willing to pay higher prices for all food commodities than the poorest ones. The result of Almost Ideal Demand System (AIDS) model estimation reveals that estimated coefficients of the richest households are greater than zero for all food commodities, which indicates that the food demand for these commodities will increase when the price rises. On the other hand, the poorest households have three estimated coefficients less than zero including rice, pork and vegetables. It is the fact that a rise in the price of rice, pork and vegetables will have a negative impact on the food demand for these commodities. Finally, the various income groups have an obviously different response to the food demand when these commodities’ prices vary. The poorest households’ demand is price elasticity of food items namely rice, pork and vegetables.
Keywords: food consumption, behavior, income, demand, pattern, household, price.
JEL classification: D1, D11, D12, L66, P36.
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Ban biên tập Tạp chí Kinh tế & Quản trị Kinh doanh
Phòng 514, Nhà điều hành, trường Đại học Kinh tế & Quản trị Kinh doanh
Địa chỉ: Phường Tân Thịnh, thành phố Thái Nguyên
Email: tapchikt-qtkd@tueba.edu.vn; Điện thoại: 0208.3903373