Demand for fish in Asia: A cross-country analysis
Issue Date
8-2008
Abstract
Fish demand patterns in nine Asian countries were investigated using a multistage budgeting framework allowing a disaggregated approach to analysing fish consumption. This paper highlights the heterogeneity of fisheries products in terms of species, sources and cultural responses of consumers, factors that are important in fish demand under the Asian setting. Specifically, fish demand by income groups were compared to determine how the low- and high-income households respond to price and income changes. Results showed that the estimated price and income elasticities of all fish types included in the study were relatively more elastic among the poorer households. © Journal compilation © 2008 Australian Agricultural and Resource Economics Society Inc. and Blackwell Publishing Asia Pty Ltd.
Source or Periodical Title
Australian Journal of Agricultural and Resource Economics
ISSN
1364985X
Volume
52
Issue
3
Page
321-338
Document Type
Article
College
College of Economics and Management (CEM)
Language
English
Subject
Asia, Fish demand, Inverse Mills ratio, Multistage budgeting framework, Price and income elasticity, Quadratic AIDS model
Recommended Citation
Dey, Madan & Garcia, Yolanda & Praduman, Kumar & Piumsombun, Somying & Haque, Muhammad & Li, Luping & Radam, Alias & Senaratne, Athula & Khiem, Nguyen & Koeshendrajana, Sonny. (2008). Demand for fish in Asia: A cross-country analysis. Australian Journal of Agricultural and Resource Economics. 52. 321-338.
Identifier
https://doi.org/10.1111/j.1467-8489.2008.00418.x
Digital Copy
YES