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Demand analysis for fish in Indonesia

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The purpose of this study was to determine an aggregate demand function and the factors influencing the demand for fish in Indonesia during the period 1967-88. Using a Box-Cox transformation methodology, the double-log model was found to be appropriate for explaining the demand for fish. Factors influencing demand were own-price, price of eggs, and per capita income. Results of static analysis showed an own-price of- 0.102, a cross-price elasticity for eggs of 0.271, and an income elasticity of 0.506. A dynamic analysis using a Houthakker-Taylor model indicated that fish consumption depended on psychological food-buying habits of consumers. Short-run and long-run elasticities, resulting from a partial adjustment model, implied that per capita consumption of fish is growing at a slow rate.
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Document Type: Research Article

Publication date: 1997-01-01

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