Abstract
This article examined the consumption pattern of households for cassava food products (gari, cassava flour, and fufu) and their substitutes (semovita and yam flour) for the periods before and after the implementation of the Cassava exportation policy using the Almost Ideal Demand System. Data were collected using structured questionnaires administered on 218 households in Ibadan North Local Government Area. The analytical techniques used include descriptive and almost ideal demand system (AIDS), from where own and cross price elasticities were calculated before and after the exportation.The mean budget shares of households for cassava food products decreased after the export policy whereas those of their substitutes increased after it. From the result of the computed own price elasticities, the cassava food products were seen to be more price-elastic after the exportation than before it, and the result of the computed cross-price elasticities shows higher values for the substitutes of cassava food product...
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.