Meat demand flexibilities for Tanzania: Implications for the choice of long-term investment

Aloyce R. Kaliba

African Journal of Agricultural and Resource Economics, 2008, vol. 02, issue 2, 14

Abstract: This study uses the inverse almost ideal demand system (IAIDS) to estimate demand flexibilities for beef, small ruminant (sheep and goat) meat, pork and poultry in Tanzania. Own uncompensated price flexibilities were less than one in absolute value, implying that both direct and indirect induced price effect through a change in total expenditure have little impact on budget shares. Estimated scale flexibilities were all negative, suggesting that increases in income will increase the quantities of meat consumed. Production of small ruminant meat was the most attractive investment compared to other meat commodities.

Keywords: Livestock; Production/Industries (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:ags:afjare:56964

DOI: 10.22004/ag.econ.56964

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