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Food pantries provide groceries to millions of households in the United States every year. Although there is research and information on many other aspects of food pantries, including financial information such as tax valuations for donated food, there is not a literature establishing the economic value of food pantry access for clients and potential clients. We use a valuation approach from environmental economics, revealed preference travel cost modeling, in a novel application to estimate food pantry value. We use a rich administrative dataset from a food bank system in Colorado and estimate demand for pantry visits, exploiting the move of a local pantry to correct for endogeneity bias. We find that the annual value of pantry access to pantry client households is between $600 and $1000, and the value per pantry visit is between $40 and $60. If we assume these values hold nationally, our localized results imply that the collective value of food pantry access among pantry client households may be between $19 billion and $28 billion dollars annually. [ABSTRACT FROM AUTHOR]

This study contributes to the growing literature on household resource allocation across time by examining monthly cycles of food pantry visitation. This study uses 13 years of data from over 40,000 households who visited the Food Bank for Larimer County in Northern Colorado. Analysis reveals that pantry visitation fluctuates dramatically by day of the month and is highest at the end of the month among the general pantry client population. Further analysis examines these monthly cycles with consideration for the Colorado SNAP distribution schedule, with results that suggest pantry visitation increases when SNAP benefits run out. JEL CLASSIFICATION: D15 (Intertemporal Household Choice); Q18 (Food Policy) [ABSTRACT FROM AUTHOR]