The Distinct Impact of Food Stamps on Food Spending

Autor: Parke E. Wilde, Christine K. Ranney
Jazyk: angličtina
Rok vydání: 1996
Předmět:
Zdroj: Journal of Agricultural and Resource Economics, Vol 21, Iss 1, Pp 174-185 (1996)
Druh dokumentu: article
ISSN: 1068-5502
2327-8285
DOI: 10.22004/ag.econ.31002
Popis: The Southworth hypothesis predicts that inframarginal food stamp recipients should choose the same bundle of goods, whether they receive coupons or cash. Empirical research has contradicted this prediction. Here, we present a model that retains some attractive features of the Southworth hypothesis, while relaxing the key assumption that appears to be incorrect. In particular, we allow different forms of benefits to have distinct effects on desired, or unrestricted food spending. Two categories of previously commonly used empirical models are evaluated as special cases of our more general model. We estimate this model using data from two cash-out experiments.
Databáze: Directory of Open Access Journals