SEMAINE D'ÉTUDE SUR LE ROLE DE L ANALYSE ECONOMETRIOUE ETC. 
: ]4C 
projected annual rates of population growth ranging from 2.3 
to 2.7%. The two high income areas have lower rates, namely 
0.7 and 1.8%. The difference in estimated income elasticities 
are of the general order that would be expected, except that 
the elasticity for the EEC appears to be somewhat high, but is 
apparently explained by the high income elasticity of demand 
for meat. 
TABLE I 
Projected Annual Growth of the Potential Demand for Food Se 
lected Areas, 1057-50 through 1069-71 ‘1) 
Basic assumptions 
Population (™ 
GNP/capita 
Income elastici 
Potential increase 
Total demand . 
Per capita demanc 
GNP/capita (8) . . $165 
(1957-59) 
Asia and 
Far Fast! 
Near East 
and 
Africa(3 
$260 
Latin 
America! 
E 
Nort 
America(s 
s 
A 
Food and Agriculture Organization, Agricultural Commodities 
tons for 1970, p. A-2. 
<xcludes Japan and Mainland China. 
Excludes South Africa. 
Excludes Argentina and Uruguay; includes Mexico and Central America 
European Economic Community. 
Canada and the United States. 
Per cent increase per year; compound rate. Low income growth assump 
cion used. 
*) Converted into U.S. $ at 1955 prices 
_ The increases in total demand for food are projected at 
annual rates ranging from 3.4 to 3.79, for the low income 
countries and 1.9 to 2.19, for the high income areas. Thus 
the expected growth of demand for food in the low income 
10] Johnson - pag. 9