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At-home consumption of olive-oil in Greece: some evidence from survey data

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 Συντάκτης: Lazaridis P.  Category: Society  Publisher: Medit  Δημοσιεύτηκε: 2025  Σελίδες: 5  Γλώσσα: Αγγλικά More Details
 Περιγραφή:

In this paper the effects of prices, expenditure on food and a number of socio-demographic factors on the consumption of olive-oil in Greece where examined. For this purpose, the 1987/88 data of the Family Budget Survey where used and a single equation econometric model was employed. The problem of zero-consumption was overcome with the use of Heckman’s two-step procedure. The results show a high own-price and a low cross-price elasticity of olive-oil. Combined with the other socio-demographic variables, this suggests that consumption of olive-oil in Greece is very much affected by tradition


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