Farm share of the food dollar: an IO approach for the United States and Canada

P. Canning, Alfons Weersink, J. Kelly

    Research output: Contribution to journalArticle

    4 Citations (Scopus)

    Abstract

    © 2016 International Association of Agricultural EconomistsThis article develops a method for using input–output data to calculate a farm share estimate for all food rather than the typical approach of estimating a price spread for an individual product. The farm share of the food dollar is approximately 14% in the United States and 17% in Canada. The farm share increased somewhat during the commodity price boom but has generally fallen steadily by approximately 20% since 1997. While the farm share of expenditures on food for home consumption is approximately 22% across both countries, it is 4% in the United States and 7% in Canada for meals consumed away from home. The empirical framework can be extended to other countries given the extensive use of System of National Account data making international and temporal comparisons possible across farm and food marketing systems.
    Original languageEnglish
    Pages (from-to)505-512
    JournalAgricultural Economics (United Kingdom)
    Volume47
    Issue number5
    DOIs
    Publication statusPublished - 2016

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