Beta
62222

Estimation of Demand for Major Crops in Egypt Using Almost Ideal Demand Model

Article

Last updated: 24 Dec 2024

Subjects

-

Tags

-

Abstract

Promoting exports development and reduction of imports are top priorities on Egypt's economic development agenda as tools to reduce the sharp deficit in the balance of trade, to which wheat and corn imports are main contributors due to the fact that domestic production fails to meet national consumption from both crops. Such imports pose a heavy burden on Egypt's Balance of Payments, where imports from the two crops reached US$ 2.65 and 1.74 billion, respectively, representing 20.37% and 13.38% of the total value of food imports during 2017, estimated at US$ 13 billion. The Government also devotes great attention to boosting rice and potato exports to accelerate development in the context of global changes leading to increased competition among nations to acquire the largest share of markets, which depends not only on domestic production but also on the competitive advantage of the exported commodity. Needless to say, competitive advantage is the outcome of interaction between a combination of several factors such as growth, economic stability, private sector development, education, training, productivity, efficiency and degree of integration with the global economy.

DOI

10.21608/jaess.2019.62222

Keywords

Almost Ideal Demand Model, Exports, Imports, Price- and Cross-Elasticity of Demand, Elasticity of Expenditure

Authors

First Name

Moataz

Last Name

Eliw

MiddleName

-

Affiliation

Department of Agricultural Economics, Faculty of Agriculture, Al-Azhar University, Assuit, P.O. Box 71524 Egypt

Email

moatazeliw@agr.bsu.edu.eg

City

-

Orcid

0000-0003-0666-3502

First Name

A.

Last Name

Deif

MiddleName

A.

Affiliation

Department of Agricultural Economics, Faculty of Agriculture, Al-Azhar University, Cairo, P.O. Box 11651 Egypt.

Email

-

City

-

Orcid

-

First Name

M.

Last Name

Negm

MiddleName

-

Affiliation

Department of Agricultural Economics, Faculty of Agriculture, Al-Azhar University, Cairo, P.O. Box 11651 Egypt.

Email

-

City

-

Orcid

-

First Name

D.

Last Name

Ibrahim

MiddleName

E.

Affiliation

Department of Agricultural Economics, Faculty of Agriculture, Al-Azhar University, Cairo, P.O. Box 11651 Egypt.

Email

-

City

-

Orcid

-

Volume

10

Article Issue

10

Related Issue

9382

Issue Date

2019-10-01

Receive Date

2019-11-27

Publish Date

2019-10-01

Page Start

523

Page End

531

Print ISSN

2090-3634

Online ISSN

2090-3715

Link

https://jaess.journals.ekb.eg/article_62222.html

Detail API

https://jaess.journals.ekb.eg/service?article_code=62222

Order

1

Type

Original Article

Type Code

884

Publication Type

Journal

Publication Title

Journal of Agricultural Economics and Social Sciences

Publication Link

https://jaess.journals.ekb.eg/

MainTitle

Estimation of Demand for Major Crops in Egypt Using Almost Ideal Demand Model

Details

Type

Article

Created At

22 Jan 2023