Year 2016, Volume 62, Issue 3

Year : 2016
Volume : 62
Issue : 3
   
Authors : Miomir JOVANOVIC
Title : EMPIRICAL ANALYSIS OF INCOME CHANGES IMPACT ON FOOD CONSUMPTION EXPENDITURE
Abstract : This paper analyzes the impact of income and its changes on the structure of consumption by certain groups of products and in different areas in Montenegro, in the period from 2005 to 2013. The analysis of the available data on income and of its use for certain products shows how changes in income affect the structure of consumption of the population of Montenegro in the analyzed period. The results showed that the structure of food consumption population of Montenegro improved partially. Currently, the food consumption of urban residents, the share of basic food, such as meat and fruit decreases, while the percentage of nutrient foods, such as vegetables, milk, cheese and eggs is increasing. Predictably, food consumption structure of urban residents still has room for improvement.
For citation : Jovanovic, M., (2016): Empirical analysis of income changes impact on food consumption expenditure. Agriculture and Forestry, 62 (3): 47-54. DOI:10.17707/AgricultForest.62.3.04
Keywords : Empirical analysis, Engel’s coefficient, consumption, per capita, income, urban residents.
   
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ISSN 0554-5579 (Printed)
ISSN 1800-9492 (Online)
DOI : 10.17707/AgricultForest

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