Nutrient elasticities in meat demand: a case in Malaysia
AbstractOne distinct change in Malaysian food consumption behavior is the preference for meat products over staple and grain foods intact with income growth. Having mentioned the changes in food consumption behaviors, indeed, there are changes in nutrient availability and intake as well. This study aims to provide a better understanding of meat consumption behaviors in terms of income, price, and nutrient elasticities by analyzing the Household Expenditure Survey 2004/05 data. In the first stage, expenditure and own-price elasticities are estimated via the LA/AIDS model. This is followed by an estimation of Engel function in the second stage to obtain the estimates of income elasticities for the meat products. This study shows that the major meat products (beef, pork, mutton, and poultry) are normal goods and own-price elastic. There are mixed messages obtained from the estimated nutrient elasticities.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 14533.
Date of creation: 27 Dec 2008
Date of revision:
Meat; price elasticity; income elasticity; nutrient elasticity;
Find related papers by JEL classification:
- Q11 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Aggregate Supply and Demand Analysis; Prices
- I12 - Health, Education, and Welfare - - Health - - - Health Production
This paper has been announced in the following NEP Reports:
- NEP-AGR-2009-04-13 (Agricultural Economics)
- NEP-ALL-2009-04-13 (All new papers)
- NEP-SEA-2009-04-13 (South East Asia)
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