Evaluation of the 2006–2008 Food Crisis on Household Welfare: The Case of the Sultanate of Oman
Table 2
Hicksian own and cross price elasticities.
Cereals
Meat
Fish
Dairy
Oil and fat
Fr. and veg.
Sugar
Bev.
Others
Cereals
−0.123
0.075
−0.113
−0.038
0.000
0.327
−0.025
−0.143
−0.005
Meat
−0.185
−0.185
0.703
0.130
0.296
0.426
0.078
0.063
−0.341
Fish
−0.038
0.213
−0.424
0.076
0.059
−0.366
0.057
−0.010
0.434
Dairy
−0.084
0.333
0.057
−0.378
−0.002
−0.172
0.084
0.026
0.001
Oil
−0.170
0.290
0.193
0.241
−0.237
0.193
−0.001
−0.007
−0.502
Fr. and veg.
0.177
−0.250
−0.128
−0.681
0.010
−0.176
0.058
0.052
0.937
Sugar
−0.785
0.283
0.166
0.442
−0.065
0.249
−0.128
0.116
−0.279
Beverage
−0.025
0.080
−0.154
−0.078
−0.016
0.113
0.048
−0.502
0.725
Others
0.002
0.203
−0.263
0.127
−0.020
0.116
0.087
0.082
−0.333
Source: calculation from expenditure elasticities in Table 4 and uncompensated price elasticities from the literature. The bold diagonal numbers are own price elasticities.