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Demand for Meat Products in the Pacific Rim Region

Author

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  • Capps, Oral, Jr.
  • Kirby, Raymond
  • Tsai, Reyfong
  • Williams, Gary W.

Abstract

The Rotterdam and LA/ AIDS models are used to obtain estimates of demand parameters for meat products in Taiwan, South Korea, and Japan. With relatively few exceptions, the elasticities are similar across model specifications. However, demand elasticities for meat products are notably different among the various Pacific Rim countries. This work provides valuable input to public and private decision makers in the United States in their ongoing efforts to penetrate foreign markets.

Suggested Citation

  • Capps, Oral, Jr. & Kirby, Raymond & Tsai, Reyfong & Williams, Gary W., 1991. "Demand for Meat Products in the Pacific Rim Region," 1991 Annual Meeting, August 4-7, Manhattan, Kansas 271245, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea91:271245
    DOI: 10.22004/ag.econ.271245
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    References listed on IDEAS

    as
    1. Dermot J. Hayes & Thomas I. Wahl & Gary W. Williams, 1990. "Testing Restrictions on a Model of Japanese Meat Demand," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 72(3), pages 556-566.
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    5. Berndt, Ernst R & Savin, N Eugene, 1975. "Estimation and Hypothesis Testing in Singular Equation Systems with Autoregressive Disturbances," Econometrica, Econometric Society, vol. 43(5-6), pages 937-957, Sept.-Nov.
    6. Wahl, Thomas Iver, 1989. "Modeling dynamic adjustment in Japanese livestock markets under trade liberalization," ISU General Staff Papers 1989010108000010093, Iowa State University, Department of Economics.
    7. Blanciforti, Laura Ann & Green, Richard, 1983. "The Almost Ideal Demand System: A Comparison and Application to Food Groups," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, vol. 35(3), pages 1-10, July.
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