PROJECTIONS OF DAIRY PRODUCT CONSUMPTION AND TRADE OPPORTUNITIES IN CHINA
Hengyun Ma () and
Allan N. Rae
No 23690, China Agriculture Project Working Papers from Massey University, Centre for Applied Economics and Policy Studies
China has been rapidly increasing its consumption and imports of dairy products in recent years. A two-stage demand system was estimated for livestock product consumption in urban China over the 1990s. Total expenditure elasticities for the livestock commodity group and expenditure elasticities for dairy products within the livestock commodity group were calculated. The results suggest that dairy products, even in urban areas, remain luxury goods because of a high expenditure elasticity (1.26). Due to rapidly increasing consumption and the likelihood of inadequate supply growth, China will continue to increase its imports of dairy products to meet its domestic demand. Projections imply that China's imports of dairy products may approach 30 percent of its total domestic consumption by 2005. Due to differences in regional income and population growth rates, increases in dairy products consumption may occur especially in central and coastal areas, where potential trade opportunities may exist.
Keywords: Consumer/Household; Economics (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed
Downloads: (external link)
Journal Article: Projections of Dairy Product Consumption and Trade Opportunities in China (2004)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ags:mascap:23690
Access Statistics for this paper
More papers in China Agriculture Project Working Papers from Massey University, Centre for Applied Economics and Policy Studies Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().