Development of expenditures for foodstuffs in consideration of the number of maintained children

Abstract

The paper describes the income analyses and consumer demand analyses for foodstuffs, mainly meat and meat products of the childless and households with more maintained children in SR. Following the carried out analysis we can state that compared with the childless families the expenditures for foodstuffs in families with maintained children are by 40 % lower for commodities such as meat, fish, fruits, vegetables. Potatoes only reach a 50 % share in childless households. The demand for meat in total was price elastic within all groups of households (Epi = −1.01 to −1.57) and for pork the price elastic demand was observed only with one maintained child (Epi = −1.292) and in households with three and more maintained children (Epi = −1.179). The demand for poultry with regard to the change of the own price (Epi= −1.011) and emoluments (EI = 1.001) developed proportionally.

Keywords

• income
• foodstuffs expenditures
• price and income elasticity
• cross price elasticity
• childless households and households with more than one maintained child