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Unformatted text preview: A / n ) as picking up own price effect Finding 1: income exerts a positive and signiFcant effect on calorie con-sumption see columns (1) and (4) of Table 5: conFrmation of Subrama-nian and Deaton (1996) Fnding Finding 2: controlling for income still see large effect of land ? evidence of own price effect and that we are in imperfect food market setting see columns (2) and (5) of Table 5 in line with Result (2) conFrmed Development Economics, LSE Summer School 2007 91...
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- Spring '10