Research Article

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.

CerealsMeatFishDairyOil and fatFr. and veg.Sugar Bev.Others

Cereals −0.1230.075−0.113−0.0380.0000.327−0.025−0.143−0.005
Meat−0.185−0.1850.7030.1300.2960.4260.0780.063−0.341
Fish−0.0380.213−0.4240.0760.059−0.3660.057−0.0100.434
Dairy−0.0840.3330.0570.378−0.002−0.1720.0840.0260.001
Oil−0.1700.2900.1930.2410.2370.193−0.001−0.007−0.502
Fr. and veg.0.177−0.250−0.128−0.6810.0100.1760.0580.0520.937
Sugar−0.7850.2830.1660.442−0.0650.2490.1280.116−0.279
Beverage−0.0250.080−0.154−0.078−0.0160.1130.0480.5020.725
Others0.0020.203−0.2630.127−0.0200.1160.0870.0820.333

Source: calculation from expenditure elasticities in Table 4 and uncompensated price elasticities from the literature.
The bold diagonal numbers are own price elasticities.