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Changing Consumer Food Prices: A User's Guide to ERS Analyses
英文名称:
Changing Consumer Food Prices: A User's Guide to ERS Analyses
作者:
Albert Reed; Kenneth Hanson; Howard Elitzak; Gerald Schluter
工作单位:
USDA's Economic Research Service
来源地址:
https://www.ers.usda.gov/publications/pub-details/?pubid=47197
关键词:
Price-spread modelinput-output modelvariable-proportions modelfood pricesenergy pricesinput prices
年份:
1997
出版地:
Washington, DC, USA
总页数:
13 pp
语种:
English
摘要:
ERS uses different economic models to estimate the impact of higher input prices on consumer food prices. This technical bulletin compares three ERS models. In the first two models (referred to as shortrun models), neither consumers nor food producers respond to market prices. In the third model (a longrun model), both consumers and food producers respond to changing prices. The authors simulated the impact of a higher energy price on consumer food prices. The empirical findings are consistent with expected market responses. In the short run, the effect of an increase in the price of energy is fully (or nearly fully) passed on to consumers, because neither food producers nor consumers can immediately respond to changing prices. In the long run, however, the price response of food producers and consumers serves to mitigate the increase in consumer food prices.

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