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Demand for Meat in Malaysia: An Application of the Almost Ideal Demand System Analysis


Citation

Bharumshah, Ahmad Zubaidi and Mohamed, Zainal Abidin (1993) Demand for Meat in Malaysia: An Application of the Almost Ideal Demand System Analysis. Pertanika Journal of Social Sciences & Humanities, 1 (1). pp. 91-99. ISSN 0128-7702

Abstract / Synopsis

This article presents the estimates of the Almost Ideal Demand System (AIDS) for five meat groups in Malaysia. The linear version of the AIDS model is easily estimated using most of the available commercial computer software that have several desirable theoretical properties. The results show that own-price elasticities were negative, statistically significant, and except for chicken, in the inelastic range. In general, the cross-price elasticities were positive. The demand for pork, chicken, mutton and fish were all found to be elastic with respectlO expenditure.


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Additional Metadata

Item Type: Article
Divisions: Faculty of Economics and Management
Publisher: Universiti Putra Malaysia Press
Keywords: Almost Ideal Demand System, Slutsky symmetry, homogeneity, restricted model, price-income elasticities, iterative seemingly unrelated regression and autocorrelation
Depositing User: Nur Izyan Mohd Zaki
Date Deposited: 19 Nov 2009 14:52
Last Modified: 27 May 2013 15:04
URI: http://psasir.upm.edu.my/id/eprint/2938
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