Do the Poor Pay More for Food? Evidence from the United Kingdom
Author | : Timothy K.M Beatty |
Publisher | : |
Total Pages | : 0 |
Release | : 2020 |
ISBN-10 | : OCLC:1375475336 |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book Do the Poor Pay More for Food? Evidence from the United Kingdom written by Timothy K.M Beatty and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Does food cost more for low-income households? This paper compares two well-known approaches to answering this question. I find that quantity discounts for a broad range of foods are statistically significant and economically important. However quantity discounting does not lead to the poor paying more for food. I find that the poor pay less than average for the food they purchase. This is explained by the poor spending a greater share of their income on foods where quantity discounting occurs.