ESTIMATION OF DEMAND FUNCTION FOR DIFFERENT TYPES OF MEAT IN IRAN: APPLICATION OF COINTEGRATION

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AZIZI J.; TORKAMAANI J.

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Journal Paper

Paper Information

Journal: Journal of Agricultural Economics and Development Year:2001 | Volume:9 | Issue:2 (34) Page(s): 217-238

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Title

ESTIMATION OF DEMAND FUNCTION FOR DIFFERENT TYPES OF MEAT IN IRAN: APPLICATION OF COINTEGRATION

Author(s)

AZIZI J. | TORKAMAANI J. | Issue Writer Certificate

Keywords

MEAT

ALMOST IDEAL DEMAND SYSTEM

COINTEGRATION

IRAN

Abstract

In this study by using the ALMOST IDEAL DEMAND SYSTEM (A.I.D.S) , the demand function for different types of MEAT in urban and rural societies have been estimated and price as well as non-price elasticities of Marshall and Hicks demand function were investigated, Application of COINTEGRATION theory for determining the appropriate demand function was also investigated: Results obtained from this study indicated that during the period under study, household budget allocated to red MEAT have been decreased both in urban and rural societies, whereas during the same period household budget allocated to the purchase of chicken and fish have been increased. Furtheremore, the share of budget allocated to the purchase of fish in the rural societies increased first but later decreased. Price elasticities of different types of MEAT in urban as well as rural areas showed that during the period of study the use of price variable for the modification of consumption pattern have not been effective. This indicates that for the modification of consumption pattern, price variable has not been an effective factor. Therefore other variable such as population growth rate is of great significance that should be taken into account. Moreover, because of using time series data in this study, first the unit root in the model"s variables was examined and then long -term relation of data was investigated. The results of study has revaled the existance of COINTEGRATION in this regard.

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APA: Copy

AZIZI, J., & TORKAMAANI, J.. (2001). ESTIMATION OF DEMAND FUNCTION FOR DIFFERENT TYPES OF MEAT IN IRAN: APPLICATION OF COINTEGRATION. EQTESAD-E KESHAVARZI VA TOWSE'E, 9(2 (34)), 217-238. SID. https://sid.ir/paper/530951/en

Vancouver: Copy

AZIZI J., TORKAMAANI J.. ESTIMATION OF DEMAND FUNCTION FOR DIFFERENT TYPES OF MEAT IN IRAN: APPLICATION OF COINTEGRATION. EQTESAD-E KESHAVARZI VA TOWSE'E[Internet]. 2001;9(2 (34)):217-238. Available from: https://sid.ir/paper/530951/en

IEEE: Copy

J. AZIZI, and J. TORKAMAANI, “ESTIMATION OF DEMAND FUNCTION FOR DIFFERENT TYPES OF MEAT IN IRAN: APPLICATION OF COINTEGRATION,” EQTESAD-E KESHAVARZI VA TOWSE'E, vol. 9, no. 2 (34), pp. 217–238, 2001, [Online]. Available: https://sid.ir/paper/530951/en

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