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East Asian Poultry Markets: Technology Transfer and Demand Dynamics

Author

Listed:
  • Unnevehr, Laurian J.
  • Eales, James S.
  • Nelson, Gerald C.
  • Kim, Young-Chul

Abstract

A two-equation model of price determination and demand is estiamted for poultry in 5 East Asian countries. An Error Correction Model of Demand is used to test the hypothesis that dynamics are important in explaining consumer behavior. Results show that real poultry prices have declined in East Asia due to the transfer of cost-reducing technology from the U.S. Demand dynamics are important only in the most rapidly changing economies and income growth has been the most important determinant of demand growth.

Suggested Citation

  • Unnevehr, Laurian J. & Eales, James S. & Nelson, Gerald C. & Kim, Young-Chul, 1991. "East Asian Poultry Markets: Technology Transfer and Demand Dynamics," Staff Paper Series 232520, University of Alberta, Department of Resource Economics and Environmental Sociology.
  • Handle: RePEc:ags:ualbsp:232520
    DOI: 10.22004/ag.econ.232520
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    File URL: http://ageconsearch.umn.edu/record/232520/files/ualberta-staffpapers-91-13.pdf
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    References listed on IDEAS

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    1. Dyck, John H., 1988. "Demand For Meats In Japan: A Review And An Update Of Elasticity Estimates," Staff Reports 278048, United States Department of Agriculture, Economic Research Service.
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