Meat demand in South Korea: A systems estimate and policy projections

Hayes, Dermot J.; Ahn, Hyungdo; Baumel, C. Phillip

doi:10.1002/1520-6297(199109)7:5<433::aid-agr2720070503>3.0.co;2-k

Cited by 10 publications

(5 citation statements)

References 2 publications

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“…The results of this estimation broadly coincide within the range of income elasticities (0.57 -1.0) and price elasticities (0.34 -1.04) in South Korea and Japan from previous studies such as Hayes et al, (1990) and Hayes et al (1991). The Hayes et al studies were based on 1961-1987 and 1947-1978 average data in South Korea and Japan respectively and also employed an LA/AIDS model.…”

Section: Results and Analysis Of The Almost Ideal Demand System For Nigeria Meat Demand Systemssupporting

confidence: 79%

The Impact Of Price Changes And Trends On Demand For Meat In Nigeria

Osho

Uwakonye

2011

IBER

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This study determines the responsiveness of demand for meat to variations in prices and incomes on the basis of food demand data for the time period between 1980 to 2001 using an Almost Ideal Demand System (AIDS) model. These findings are reasonable given the position that beef holds as the dominant and traditional meat in Nigeria. These elasticities also imply that beef and chicken are luxury goods, while other fish and demersal fish are normal goods for Nigeria households consistent with the findings of previous studies. With the exception of some cross-price elasticities, the majority of the price elasticities exhibit the expected signs and magnitudes. This indicates that demand for beef and other meat Nigeria is very price elastic. In general, the results suggest that own-prices as well as incomes are the predominant factors determining consumer choice and meat consumption patterns in Nigeria rather than relative prices.

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Section: Results and Analysis Of The Almost Ideal Demand System For Nigeria Meat Demand Systemssupporting

confidence: 79%

The Impact Of Price Changes And Trends On Demand For Meat In Nigeria

Osho

Uwakonye

2011

IBER

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“…No obstante, se observaron amenazas derivadas de la calidad de la carne producida, la existencia de una variada cantidad de sustitutos cercanos para este producto, y la pérdida de mercado para la lana de oveja, debido básicamente a la mayor difusión de productos sintéticos y de mejor calidad, y la mayor competencia de grandes productores-acopiadores, tales como Australia, Nueva Zelanda y China. La demanda por carnes en aumento y la existencia de sustitutos cercanos es consistente con los resultados de las elasticidades ingreso y precio-cruzada reportados por la literatura (Hayes et al, 1991;Rosson et al, 1993;Kaabia et al, 2001;Reed et al, 2003).…”

Section: Resultados Y Discusiónunclassified

“…A nivel internacional, diversos estudios sugieren que la cantidad demandada por un tipo de carne no varía significativamente frente a un cambio en el precio de la misma carne (demanda relativamente inelástica con respecto al precio-propio), la demanda por un tipo de carne no cambia significativamente frente a una variación en el precio de otro tipo de carne (demanda inelástica con respecto al precio-cruzado) y que los distintos tipos de carnes son bienes normales (elasticidad ingreso positiva y menor que 1) o superiores (elasticidad ingreso positiva y mayor que 1). Algunos estudios son los de Hayes et al (1991) para carne de bovinos, ovinos, cerdo, pollo y pescados; Rosson et al (1993) para carne de ternera, cerdo, pollo, carnero y cordero; Kaabia et al, (2001) para carnes en general, y carne de pollo, cerdo y pescados; y Reed et al (2003) para carnes en general, y carne de cerdo y pollo.…”

Section: Introductionunclassified

Micro-negocios asociativos campesinos: análisis económico de un sistema de producción ovina, Región del Maule, Chile

Andrade

2005

Gest. Prod.

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El objetivo de esta investigación fue evaluar la rentabilidad económica de un sistema de producción ovina para un grupo de 20 productores agropecuarios, cuyos predios se encuentran localizados en la zona de secano interior de la provincia de Linares, Región del Maule, Chile. El trabajo en terreno se realizó durante el periodo noviembre del 2002 a junio 2003, el cual permitió caracterizar a los productores en cuatro grupos homogéneos entre sí, en función del número de cabezas del rebaño ovino. Para estimar la rentabilidad económica del sistema propuesto, bajo distintos escenarios de precios de venta, se usó el Valor Actual Neto (VAN), la Tasa Interna de Retorno (TIR) y el Índice de Valor Actual Neto (IVAN). El valor promedio del rebaño ovino fue estimado entre 0,26 a $ 1,45 millones y el valor promedio de la tierra entre 6,3 y $ 12,8 millones, dependiendo del tamaño del predio agrícola (hectáreas). Para el escenario normal de precios, se obtuvo un VAN (10,8%) de $ 4,12 millones, la TIR se estimó en 14,5% y el IVAN en 0,37. La principal conclusión sugiere que el emprendimiento asociativo a micro-escala puede contribuir a mejorar las condiciones de vida de los pequeños productores.

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“…BSE and bird flu scares caused a fall in demand for beef and chicken and an upturn in demand for pork and fish products, substitutes for beef and chicken in Japan. Hayes, Ahn, and Baumel (1991) analyzed meat demand in South Korea using AIDS. They found all own-price elasticities to be negative.…”

Section: A Review Of Animal-derived Food Demand Studies In Asian Counmentioning

confidence: 99%

“…Hayes, Ahn, and Baumel (1991) analyzed meat demand in South Korea using AIDS. They found all own‐price elasticities to be negative.…”

Section: A Review Of Animal‐derived Food Demand Studies In Asian Countriesmentioning

confidence: 99%

Demand for animal‐derived food in selected Asian countries: A system‐wide analysis

Rathnayaka

Selvanathan

2021

Agricultural Economics

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Food consumption patterns in Asia show a trend away from staples toward high protein food derived from animal and dairy products, fruit and vegetables, fats and oils. Such changes in food consumption patterns are due to rising incomes, urbanization, globalization, and modernization of marketing infrastructure. In this article, we analyze the demand for the animal‐derived food group comprising meat (chicken, beef, pork, and mutton), eggs and fish, and derive income and price elasticities in seven Asian countries using the system‐wide approach. Demand homogeneity and Slutsky symmetry properties were tested and found to be compatible with the data. Our findings reveal that animal‐derived food as a group is a necessity (except in Taiwan) and its demand is price inelastic (except in Taiwan and Sri Lanka). The implied unconditional demand elasticities reveal that, in all countries (except beef in Japan and Taiwan), chicken, beef, pork, mutton, eggs and fish (except in Taiwan) are all necessities and the demand for all types of animal‐derived food in all seven countries are mostly price inelastic. The cross‐price elasticity estimates are mostly found to be positive, meaning that there is a higher degree of substitutability between chicken, beef, pork, mutton, eggs, and fish.

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Meat demand in South Korea: A systems estimate and policy projections

Cited by 10 publications

References 2 publications

The Impact Of Price Changes And Trends On Demand For Meat In Nigeria

The Impact Of Price Changes And Trends On Demand For Meat In Nigeria

Micro-negocios asociativos campesinos: análisis económico de un sistema de producción ovina, Región del Maule, Chile

Demand for animal‐derived food in selected Asian countries: A system‐wide analysis

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