
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
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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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