Determinants of Household Expenditure on Some Major Food Items in Uyo Metropolis, Akwa Ibom State, Nigeria
Keywords:
Household expenditure, food items, determinants and food consumptionAbstract
This study examined the determinants of household expenditure on major food items viz: staples, meat and meat related products (fish and eggs), beverages and all food items, analyse the income elasticities of demand for all the food items and investigate the marginal propensity to consume (MPC) on the various food items and make policy recommendations based on the findings of the study. Primary data were collected from 179 households using a set of structured questionnaire. The data were analysed using ordinary least square regression (OLS). Results obtained from the analyses showed that the major determinants of household consumption expenditure on foods were found to be income, household size and educational level of household head. Only meat and meat related products were found to be income elastic (ey = 2.529). Other categorise food classes were income inelastic. The marginal propensity to consume meat and meat related products was highest (0.33) while beverages had the least MPC (0.02). This, therefore, suggest the need to pursue policies that would enhance educational attainment in the study area.
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