Engel’s Law and the pandemic’s impact on our food expenditure
Most households spent larger portions of their income on food but covid disruptions were particularly harsh on the poorest
Deprivation takes many forms: lack of access to food, education and healthcare. The covid pandemic aggravated all these deprivations and, worse, mortality too. Our focus here is on food deprivation. The 19th century German statistician and economist Ernst Engel observed that “the poorer a family, the greater the proportion of its total expenditure that must be devoted to the provision of food". Based on this law, we examine changes in the share of food expenditure during the pandemic.
Login to enjoy exclusive benefits!
- Unlocked premium articles
- Personalized news
- Market Watchlist
- Insightful Newsletters & more