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1 results

  • Empirical Evidence of Changing Food Demand and Consumer Preferences in Russia

  • Vardges Hovhannisyan, Magdana Kondaridze, Christopher Bastian, Aleksan Shanoyan
  • Journal:
    Journal of Agricultural and Applied Economics / Volume 52 / Issue 3 / August 2020
    Published online by Cambridge University Press:
    22 May 2020, pp. 480-501
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  • We investigate food preference changes in Russia that may have resulted from political, economic, and other changes. Our empirical framework utilizes advances in consumer theory and exploits provincial-level panel data on food consumption and supply shifters to identify price and income effects. Our findings indicate that consumers underwent a structural preference change that began in 2007 and continued into 2014. To illustrate the magnitude of this change, we contrast economic effects for select food commodities across regions. The new insights will be useful in designing timely and effective food and trade policies, as well as informing strategy decisions of agribusiness industry players.