A new market for an old food: the US demand for olive oil

被引：23

作者：

Xiong, Bo ^{[1
]}

Sumner, Daniel ^{[1
]}

Matthews, William ^{[1
]}

机构：

[1] Univ Calif Davis, Agr Issues Ctr, Davis, CA 95616 USA

来源：

AGRICULTURAL ECONOMICS | 2014年 / 45卷

关键词：

Olive oil; Food demand; Mediterranean diet; Health; Dietary trend; MEDITERRANEAN DIET; HEALTH INFORMATION; SYSTEM; ELASTICITIES; EXPENDITURE; ISSUES; FATS; MEAT;

D O I：

10.1111/agec.12133

中图分类号：

F3 [农业经济];

学科分类号：

0202 ; 020205 ; 1203 ;

摘要：

While U.S. consumption of olive oil has tripled over the past two decades, nearly all olive oil continues to be imported. Estimation of a demand system using monthly import data reveals that the income elasticity for virgin oils sourced from EU is above one, but demand for nonvirgin oils is income-inelastic. The demand for olive oil as a single product is price-inelastic. Differentiated by product characteristic and origin, olive oils are highly substitutable with each other but not with other vegetable oils. News about the health and culinary benefits of olive oil and the spread of Mediterranean diet contribute significantly to the rising demand.

引用

页码：107 / 118

页数：12

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