East Asian Poultry Markets: Technology Transfer and Demand Dynamics

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.


Issue Date:
1991
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/232520
Total Pages:
20
Series Statement:
Staff Paper
91-13




 Record created 2017-04-01, last modified 2017-08-29

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