Expenditure patterns on foodservice in Malaysia / Tey Yeong Sheng ... [et al.]

Tey, Yeong Sheng and Shamsudin, Mad Nasir and Mohamed, Zainalabidin and Abdullah, Amin Mahir and Radam, Alias (2010) Expenditure patterns on foodservice in Malaysia / Tey Yeong Sheng ... [et al.]. Journal of Tourism, Hospitality & Culinary Arts, 2 (3). pp. 1-8. ISSN 1985-8914 , 2590-3837

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Official URL: https://www.jthca.org/

Abstract

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.

Metadata

Item Type: Article
Creators:
Creators
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Tey, Yeong Sheng
UNSPECIFIED
Shamsudin, Mad Nasir
UNSPECIFIED
Mohamed, Zainalabidin
UNSPECIFIED
Abdullah, Amin Mahir
UNSPECIFIED
Radam, Alias
UNSPECIFIED
Subjects: T Technology > TX Home economics > The house. Including arrangement, care, servants
T Technology > TX Home economics > Hospitality industry. Hotels, clubs, restaurants, etc. Food service
T Technology > TX Home economics > Food service
Divisions: Universiti Teknologi MARA, Selangor > Puncak Alam Campus > Faculty of Hotel and Tourism Management
Journal or Publication Title: Journal of Tourism, Hospitality & Culinary Arts
UiTM Journal Collections: UiTM Journal > Journal of Tourism, Hospitality & Culinary Arts (JTHCA)
ISSN: 1985-8914 , 2590-3837
Volume: 2
Number: 3
Page Range: pp. 1-8
Official URL: https://www.jthca.org/
Item ID: 44378
Uncontrolled Keywords: Expenditure pattern, Foodservice, Heckman two-step, Income elasticity
URI: https://ir.uitm.edu.my/id/eprint/44378

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44378

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