A market demand model of the Malaysian fisheries sector


Citation

Kusairi Mohd Noh, . and Nik Mustapha Raja Abdullah, . and Ishak Haji Omar, . (1992) A market demand model of the Malaysian fisheries sector. [Proceedings Paper]

Abstract

The objective of the paper is to determine a demand model for the Malaysian fisheries sector. A system of four behavioural equations was used to assess market demand at the ex-vessel wholesale retail and consumption levels. Most explanatory variables in the estimated equations were found to be significant and the signs correspond to a priori expectations. Subsequently the model was used to simulate the likely impacts on fish prices and consumption across the market levels arising out of hypothetical reductions in fishing vessels fish landings price of substitute poultry and fish imports. With the exception of ex-vessel prices and the magnitudes of price changes the impacts across all market levels were as anticipated with fish consumption being most sensitive to a decrease in poultry price.


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Abstract

The objective of the paper is to determine a demand model for the Malaysian fisheries sector. A system of four behavioural equations was used to assess market demand at the ex-vessel wholesale retail and consumption levels. Most explanatory variables in the estimated equations were found to be significant and the signs correspond to a priori expectations. Subsequently the model was used to simulate the likely impacts on fish prices and consumption across the market levels arising out of hypothetical reductions in fishing vessels fish landings price of substitute poultry and fish imports. With the exception of ex-vessel prices and the magnitudes of price changes the impacts across all market levels were as anticipated with fish consumption being most sensitive to a decrease in poultry price.

Additional Metadata

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Item Type: Proceedings Paper
Additional Information: Available at Perpustakaan Sultan Abdul Samad Universiti Putra Malaysia 43400 UPM Serdang Selangor. H62 A1S471 1991 Call Number
AGROVOC Term: Fisheries
AGROVOC Term: Farm management
AGROVOC Term: Demand
AGROVOC Term: Models
Geographical Term: MALAYSIA
Depositing User: Ms. Norfaezah Khomsan
Last Modified: 24 Apr 2025 05:26
URI: http://webagris.upm.edu.my/id/eprint/14863

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