Demand for fish in Asia: A cross-country analysis

Date

2008-08

Authors

Dey, Madan
Garcia, Yolanda T.
Kumar, Praduman
Piumsombun, Somying
Sirajul Haque, Muhammad
Li, Luping
Radam, Alias
Senaratne, Athula
Tri Khiem, Nguyen
Koeshendrajana, Sonny

Journal Title

Journal ISSN

Volume Title

Publisher

Australian Agricultural and Resource Economics Society Inc.

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.

Description

Keywords

Asia, fish demand, inverse mills ratio, multistage budgeting framework, price and income elasticity, quadratic AIDS model, Agricultural Sciences

Citation

Dey, M. M., Garcia, Y. T., Kumar, P., Piumsombun, S., Sirajul Haque, M., Li, L., Radam, A., Senaratne, A., Tri Khiem, N., & Koeshendrajana, S. (2008). Demand for fish in Asia: A cross-country analysis. The Australian Journal of Agricultural and Resource Economics, 52, pp. 321-338.

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Rights Holder

© 2008 The Authors. Journal compilation © 2008 Australian Agricultural and Resource Economics Society Inc. and Blackwell Publishing Asia Pty Ltd.

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