Studies on the meat market behavior may result in interesting parameters for the market and public policy agents. The definition of the income-elasticity of poultry consumption enables the elaboration of prospective analysis on the potential demand of this product. Thus, the main objective of the present study is to estimate the income-elasticities of poultry consumption. Data from the 1995-96 and 1987-88 Consumer Expenditure Survey, published by IBGE (Brazilian Institute of Geography and Statistics), were used in the analysis. The elasticities were obtained by fitting a three-segment polygonal curve relating the logarithm of the per capita poultry meat consumption as a function of the per capita family income. Generalized Least Squares method was used for the econometric model fitting. The elasticities were obtained considering the total, carcasses and selected individual poultry parts consumption. Average income elasticity of the total consumption enables the classification of poultry meat as a normal product. The observed average income elasticities showed that breast and thighs are superior products. In the last period, a negative elasticity was observed for carcasses.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
hi@scite.ai
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.