Demand analysis for fish in Indonesia
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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