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The Production and Consumption of Livestock Foods in Pakistan: A Look into the Future

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  • Muhammad Akmal

    (Pakistan Institute of Development Economics, Islamabad.)

Abstract

The supply response functions for beef, mutton, poultry meat, eggs, and fresh milk are estimated using the polynomial price lag model, and that of fish meat production using the stock adjustment model. Both the production and domestic consumption of these foods are then projected over the period 1993-94 through 2004-05 using the estimated supply response functions and the existing estimates of demand parameters assuming trend growth of exogenous variables. In the case of mutton and fresh milk there is excess demand, while in the rest of the cases surplus production is predicted. A significant proportion of the anticipated excess demand for mutton and fresh milk can be eliminated by increasing the rate of credit supply to these sub-sectors.

Suggested Citation

  • Muhammad Akmal, 1994. "The Production and Consumption of Livestock Foods in Pakistan: A Look into the Future," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 33(1), pages 19-39.
  • Handle: RePEc:pid:journl:v:33:y:1994:i:1:p:19-39
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    File URL: http://www.pide.org.pk/pdf/PDR/1994/Volume1/19-39.pdf
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    References listed on IDEAS

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    1. Marc Nerlove, 1956. "Estimates of the Elasticities of Supply of Selected Agricultural Commodities," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 38(2), pages 496-509.
    2. Thornton, Daniel L & Batten, Dallas S, 1985. "Lag-Length Selection and Tests of Granger Causality between Money and Income," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 17(2), pages 164-178, May.
    3. Harlow W. Halvorson, 1958. "The Response of Milk Production to Price," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 40(5), pages 1101-1113.
    4. N. A. Burney & M. Akmal, 1991. "Food Demand In Pakistan: An Application Of The Extended Linear Expenditure System," Journal of Agricultural Economics, Wiley Blackwell, vol. 42(2), pages 185-195.
    5. George W. Ladd & George R. Winter, 1961. "Supply of Dairy Products by Iowa Farmers," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 43(1), pages 113-122.
    6. Peter Tryfos, 1974. "Canadian Supply Functions for Livestock and Meat," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 56(1), pages 107-113.
    7. Lutkepohl, Helmut, 1981. "A model for non-negative and non-positive distributed lag functions," Journal of Econometrics, Elsevier, vol. 16(2), pages 211-219, June.
    8. J.-P. Chavas & A. F. Kraus, 1990. "Population Dynamics And Milk Supply Response In The Us Lake States," Journal of Agricultural Economics, Wiley Blackwell, vol. 41(1), pages 75-84.
    9. Paul L. Kelley & Dale A. Knight, 1965. "Short-Run Elasticities of Supply for Milk," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 47(1), pages 93-104.
    10. Howarth E. Bouis, 1992. "Food Demand Elasticities by Income Group by Urban and Rural Populations for Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 31(4), pages 997-1017.
    11. Hsiao, Cheng, 1981. "Autoregressive modelling and money-income causality detection," Journal of Monetary Economics, Elsevier, vol. 7(1), pages 85-106.
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    Cited by:

    1. Rizwan Shabbir, 2014. "Institutional Development and Sustainable Growth for Livestock Sector in Pakistan," International Journal of Economics and Empirical Research (IJEER), The Economics and Social Development Organization (TESDO), vol. 2(10), pages 394-404, October.

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