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Using an Synthetic Inverse Demand System (SIDS) for estimating the Meat product demand in Mazandaran Province

Journal: Agricultural Economics (Vol.10, No. 2)

Publication Date:

Authors : ; ; ;

Page : 131-145

Keywords : Elasticity of demand function; Mazandaran Province; Meat Products; Synthetic Inverse Demand System (SIDS).;

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Fluctuations in food prices are one of the challenges of the economic history of Iran that had resentment among all groups of the population and Followed challenging the authorities and the authorities have been seeking. Thus, the stability and regulation of market equilibrium prices of these products and creating permanent prices are traditional concern of policy makers. Always Meat product had been the most important and essential products for Iranian society. In present research, demand functions of Meat products estimated in urban region of Mazandaran province in term of 1988-2013. After coefficient test, results denoted that between the four systems demand IROOT, CBS, AIDS and INBR, only the inverse demand system NBR (INBR) is consistent with research data. Results show that INBR system is compatible system according to data. Also compensatory and non-compensatory cross elasticity's show that all type of meat are substitution. According to Scale elasticity, Beef is a Luxury product and Chicken and Aquatic Meat are normal and essential product.

Last modified: 2018-08-20 16:55:41