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Meat Demand in South Korea: An Application of the Restricted Source-Differentiated Almost Ideal Demand System Model

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  • Henneberry, Shida Rastegari
  • Hwang, Seonghuyk

Abstract

The first difference version of the restricted source-differentiated almost ideal demand system is used to estimate South Korean meat demand. The results of this study indicate that the United States has the most to gain from an increase in the size of the South Korean imported meat market in terms of its beef exports, while South Korea has the most to gain from this expansion in the pork market. Moreover, the results indicate that the United States has a competitive advantage to Australia in the South Korean beef market. Results of this study have implications for U.S. meat exports in this ever-changing policy environment.

Suggested Citation

  • Henneberry, Shida Rastegari & Hwang, Seonghuyk, 2007. "Meat Demand in South Korea: An Application of the Restricted Source-Differentiated Almost Ideal Demand System Model," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 39(1), pages 1-14, April.
    • Handle: RePEc:ags:joaaec:6633
    DOI: 10.22004/ag.econ.6633
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    Cited by:

    1. Susanto, Dwi & Rosson, C. Parr, III & Henneberry, Shida Rastegari, 2008. "Changes in Import Demand Elasticity for Red Meat and Livestock: Measuring the Impacts of Animal Disease and Trade Policy," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6337, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. H. Holly Wang & Na Hao & Qingjie Zhou & Michael E. Wetzstein & Yong Wang, 2019. "Is fresh food shopping sticky to retail channels and online platforms? Evidence and implications in the digital era," Agribusiness, John Wiley & Sons, Ltd., vol. 35(1), pages 6-19, January.
    3. Baldwin, Katherine L. & Jones, Keithly G., 2012. "U.S. Citrus Import Demand: Seasonality and Substitution," 2012 Annual Meeting, February 4-7, 2012, Birmingham, Alabama 119741, Southern Agricultural Economics Association.
    4. Brian J. Revell, 2015. "One Man's Meat … 2050? Ruminations on Future Meat Demand in the Context of Global Warming," Journal of Agricultural Economics, Wiley Blackwell, vol. 66(3), pages 573-614, September.
    5. Tsunehiro Otsuki, 2011. "Demand Response for Imported and Domestic Poultry Meat Products to Food Safety Regulations in Japan: An Application of the Almost Ideal Demand System Model," OSIPP Discussion Paper 11E007, Osaka School of International Public Policy, Osaka University.
    6. Coulibaly, Jeanne Y. & Tebila, Nakelse & Diagne, Aliou, 2015. "Reducing Rice Imports in Côte d'Ivoire: Is a Rise in Import Tariff the Solution?," Agricultural and Resource Economics Review, Cambridge University Press, vol. 44(3), pages 195-213, December.
    7. John Beghin & Caesar Cororaton & Federica Demaria & Sophie Drogue & Marie-Hélène Felt & Jean-Philippe Gervais & Graciela Ghezan & Thomas Heckelei & Jikun Huang & Daniel Iglesias & Daniel Lema & Natali, 2010. "Guidelines and methodology to analyze the different case studies," Working Papers hal-02818030, HAL.
    8. Liu, Bing & Hudson, Daren & Devine, Jon, 2022. "A Tariffying Thought: Imposing Tariffs on US Apparel Imports from China," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 23(2), December.
    9. Moonsoo Park & Yanhong H. Jin & David A. Bessler, 2008. "The impacts of animal disease crises on the Korean meat market," Agricultural Economics, International Association of Agricultural Economists, vol. 39(2), pages 183-195, September.
    10. Muhammad, Andrew, 2008. "Allowing for Group Effects When Estimating Import Demand for Source and Product Differentiated Goods," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6364, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    11. Walters, Lurleen M. & Jones, Keithly G., 2016. "Caribbean Food Import Demand: An Application of the CBS Differential Demand System," Journal of Food Distribution Research, Food Distribution Research Society, vol. 47(2), pages 1-19, July.
    12. Coulibaly, Jeanne Y., 2013. "Do Source and Quality matter in the Demand for Imported Rice in Côte d’Ivoire?," 2013 Fourth International Conference, September 22-25, 2013, Hammamet, Tunisia 161266, African Association of Agricultural Economists (AAAE).
    13. Ning, Xin & Grant, Jason H. & Peterson, Everett B., 2021. "Estimating Structural Change in the Japanese Beef Import Market in the Wake of BSE: A Smooth Transition Approach," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 47(1), January.
    14. Mina Hejazi & Mary A. Marchant & Jue Zhu & Xin Ning, 2019. "The decline of U.S. export competitiveness in the Chinese meat import market," Agribusiness, John Wiley & Sons, Ltd., vol. 35(1), pages 114-126, January.
    15. Hejazi, Mina & Zhu, Jue & Marchant, Mary, 2017. "The Impact of Diversifying China’s Global Agri-Food Suppliers on U.S. Exports: A Case Study of China’s Meat Import Demand," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 259197, Agricultural and Applied Economics Association.
    16. Chen, Bowen & Villoria, Nelson & Xia, Tian, 2017. "Import Protections in China’s Grain Markets: An Empirical Assessment," 2017: Globalization Adrift, December 3-5, 2017, Washington, D.C. 266817, International Agricultural Trade Research Consortium.
    17. repec:ags:afjare:225651 is not listed on IDEAS
    18. Shashika D. Rathnayaka & Saroja Selvanathan & E. A. Selvanathan, 2021. "Demand for animal‐derived food in selected Asian countries: A system‐wide analysis," Agricultural Economics, International Association of Agricultural Economists, vol. 52(1), pages 97-122, January.
    19. Rodrigo Garc?a Arancibia, 2019. "Import Demand for Dairy Products in Chile and Competition among Exporting Countries: The Case of Milk Powder and Cheese," Economia agro-alimentare, FrancoAngeli Editore, vol. 21(1), pages 101-128.
    20. Edgardo Ayala & Joana Chapa, 2017. "AH1N1 impact on the Mexican pork meat market," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, vol. 32(1), pages 3-25.
    21. Bowen Chen & Nelson B. Villoria & Tian Xia, 2020. "Tariff quota administration in China's grain markets: An empirical assessment," Agricultural Economics, International Association of Agricultural Economists, vol. 51(2), pages 191-206, March.
    22. Minseong Kang & Byeong‐Il Ahn, 2023. "Market power and cost‐efficiency effects: Broiler packing industry in South Korea," Agribusiness, John Wiley & Sons, Ltd., vol. 39(4), pages 1157-1172, October.
    23. Elham Pourmokhtar & Reza Moghaddasi & Amir Mohammad Nejad & Seyed Safdar Hosseini, 2018. "Meat demand model in Iran: a restricted source-differentiated almost ideal demand system approach," Economic Journal of Emerging Markets, Universitas Islam Indonesia, vol. 10(2), pages 194-204, Oktober.
    24. Lee, Young-Jae & Kennedy, P. Lynn, 2009. "Effects of Price and Quality Differences in Source Differentiated Beef on Market Demand," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 41(1), pages 1-12, April.
    25. Delport, Marion & Louw, Marlene & Davids, Tracy & Vermeulen, Hester & Meyer, Ferdi, 2017. "Evaluating the demand for meat in South Africa: an econometric estimation of short term demand elasticities," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 56(1), March.

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    Keywords

    Demand and Price Analysis;

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