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Expenditure patterns on foodservice in Malaysia

Rapid changes have occurred in the way food is prepared, in the way it is cooked, and in the places it is consumed. Foodservice has become increasingly important in the composition of the food account among Malaysians. The objective of this study is to analyze consumers’ expenditure pattern on food...

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Main Authors: Tey, Yeong Sheng, Shamsudin, Mad Nasir, Mohamed, Zainal Abidin, Abdullah, Amin Mahir, Radam, Alias
Format: Article
Language:English
Published: Penerbit Universiti Teknologi MARA (UiTM) Malaysia 2010
Online Access:http://psasir.upm.edu.my/id/eprint/14635/1/Expenditure%20patterns%20on%20foodservice%20in%20Malaysia.pdf
http://psasir.upm.edu.my/id/eprint/14635/
http://www.jthca.org/online-issues
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spelling my.upm.eprints.146352018-07-17T07:31:17Z http://psasir.upm.edu.my/id/eprint/14635/ Expenditure patterns on foodservice in Malaysia Tey, Yeong Sheng Shamsudin, Mad Nasir Mohamed, Zainal Abidin Abdullah, Amin Mahir Radam, Alias Rapid changes have occurred in the way food is prepared, in the way it is cooked, and in the places it is consumed. Foodservice has become increasingly important in the composition of the food account among Malaysians. The objective of this study is to analyze consumers’ expenditure pattern on foodservice in Malaysia. Several functional forms and a Heckman two-step methodology to account for censored-response bias are employed in the analysis of Household Expenditure Survey 2004/2005 data. Regardless of functional forms, the empirical estimates of income elasticity of demand for foodservice are significantly bigger than income elasticity of demand for food at home. This study shows positive prospect for foodservice industry in Malaysia, where an increase in income has the propensity to lead to an increase in expenditure (demand) on foodservice. Penerbit Universiti Teknologi MARA (UiTM) Malaysia 2010 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/14635/1/Expenditure%20patterns%20on%20foodservice%20in%20Malaysia.pdf Tey, Yeong Sheng and Shamsudin, Mad Nasir and Mohamed, Zainal Abidin and Abdullah, Amin Mahir and Radam, Alias (2010) Expenditure patterns on foodservice in Malaysia. Journal of Tourism, Hospitality and Culinary Arts, 2 (3). pp. 1-8. ISSN 1985-8914; ESSN: 2590-3837 http://www.jthca.org/online-issues
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
language English
description Rapid changes have occurred in the way food is prepared, in the way it is cooked, and in the places it is consumed. Foodservice has become increasingly important in the composition of the food account among Malaysians. The objective of this study is to analyze consumers’ expenditure pattern on foodservice in Malaysia. Several functional forms and a Heckman two-step methodology to account for censored-response bias are employed in the analysis of Household Expenditure Survey 2004/2005 data. Regardless of functional forms, the empirical estimates of income elasticity of demand for foodservice are significantly bigger than income elasticity of demand for food at home. This study shows positive prospect for foodservice industry in Malaysia, where an increase in income has the propensity to lead to an increase in expenditure (demand) on foodservice.
format Article
author Tey, Yeong Sheng
Shamsudin, Mad Nasir
Mohamed, Zainal Abidin
Abdullah, Amin Mahir
Radam, Alias
spellingShingle Tey, Yeong Sheng
Shamsudin, Mad Nasir
Mohamed, Zainal Abidin
Abdullah, Amin Mahir
Radam, Alias
Expenditure patterns on foodservice in Malaysia
author_facet Tey, Yeong Sheng
Shamsudin, Mad Nasir
Mohamed, Zainal Abidin
Abdullah, Amin Mahir
Radam, Alias
author_sort Tey, Yeong Sheng
title Expenditure patterns on foodservice in Malaysia
title_short Expenditure patterns on foodservice in Malaysia
title_full Expenditure patterns on foodservice in Malaysia
title_fullStr Expenditure patterns on foodservice in Malaysia
title_full_unstemmed Expenditure patterns on foodservice in Malaysia
title_sort expenditure patterns on foodservice in malaysia
publisher Penerbit Universiti Teknologi MARA (UiTM) Malaysia
publishDate 2010
url http://psasir.upm.edu.my/id/eprint/14635/1/Expenditure%20patterns%20on%20foodservice%20in%20Malaysia.pdf
http://psasir.upm.edu.my/id/eprint/14635/
http://www.jthca.org/online-issues
_version_ 1643825692074311680
score 13.211869

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