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

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

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Abstract

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.

Item Type:Article
Keyword:Almost Ideal Demand System, Slutsky symmetry, homogeneity, restricted model, price-income elasticities, iterative seemingly unrelated regression and autocorrelation
Faculty or Institute:Faculty of Economics and Management
Publisher:Universiti Putra Malaysia Press
ID Code:2938
Deposited By: Nur Izyan Mohd Zaki
Deposited On:19 Nov 2009 06:52
Last Modified:27 May 2013 07:04

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