Analysis of Demand for Dairy Product in Central American Countries under the CAFTA

in Foreign journals(other), 國外期刊(其他)
標題Analysis of Demand for Dairy Product in Central American Countries under the CAFTA
出版類型國外期刊(其他)
出版年度2015
AuthorsHuang, 黃文琪, & Duron Benitez 安歇爾
開始頁7
頁數7
出版日期2015 / 2
其他編號0000
中文摘要

A double-log model was estimated on demand for cheese and fluid milk and for the aggregation of imported cheese, fluid milk, and powdered milk in Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua using time series data 1994-2012. Cheese and fluid milk were price and income inelastic in all countries, except for income in El Salvador. On the other hand, import prices for cheese and fluid milk were often found elastic, but that of powdered milk was inelastic. An increase in incomes augmented imports of fluid milk and cheese, compared to powdered milk. Overall, the substitution effect suggested that increment in imports prices of cheese and fluid milk increased the purchase of powdered milk.

網址DOI: 10.5923/j.m2economics.20150301.02
期刊名稱Microeconomics and Macroeconomics
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