Changes in consumer tastes in the demand for fish and meat in Malaysia

Abdullah, N.M.R. (1997) Changes in consumer tastes in the demand for fish and meat in Malaysia. Naga, the ICLARM Quarterly, 20(1), pp. 49-51.

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Abstract

In this article the demand for fish and its substitute was estimated using a very flexible demand function, the Almost Ideal Demand System (AIDS) developed by Deaton and Muelllbaeur (1980), incorporating the habit formation variable to measure the impact of the changes in tastes in comsumer demand for fish and meat products from 1960 to 1990 in Malaysia. Information on price and income elasticities for these meat groups was also obtained. To incorporate consumption habit variables, the dynamic translating procedure proposed by Pollak (1970) and Pollak and Wales (1981) has been adopted. The overall results of the maximum likelihood estimates of the dynamic AIDS model are quite good where 19 of 30 coefficients are significantly different from zero and the minimum budget shares, the constant, are between zero and one for each meat type. Consumers tend to purchase and consume fish, chicken, and pork almost daily. Beef and mutton are only consumed occassionally since they are relatively more expensive. This finding is consistent with the trend observed in the per capita consumption and budget share where fish, chicken, and pork tended to dominate over beef and mutton from 1960 to 1990.

Item Type: Article
Title: Changes in consumer tastes in the demand for fish and meat in Malaysia
Personal Creator/Author:
CreatorsEmail
Abdullah, N.M.R.
Journal or Publication Title: Naga, the ICLARM Quarterly
Volume: 20
Number: 1
Page Range: pp. 49-51
Date: 1997
ISSN: 0116-290X
Issuing Agency: WorldFish Center
Uncontrolled Keywords: Consumer behaviour; Demand (Economic theory); Market research; Fishery products; Fish consumption; Meat products; Malaysia
Subjects: Aquaculture
Fisheries
Item ID: 9025
Depositing User: Mr William Ko
Date Deposited: 24 Nov 2012 07:13
Last Modified: 24 Nov 2012 07:13
URI: http://aquaticcommons.org/id/eprint/9025

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