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Demand for meat in light of the current economic crisis "Case study in New Valley governorate"

Article

Last updated: 05 Jan 2025

Subjects

-

Tags

Agricultural Economics and Management Sciences

Abstract

The study aimed at analyzing the consumer demand for various kinds of meat in Al-Kifah village in New Valley Governorate, by estimating individual demand functions for meat and elasticities of demand at different levels of income. The study relied on both descriptive and quantitative statistical approaches. Data were obtained through questionnaire forms for a random sample of 312 families. The findings showed that red meat, poultry, and fish are substitutionary commodities, and the demand for each kind is affected by the price of this kind besides the prices of other meat substitutes. Furthermore, the demand for meat is significantly affected by income, family size, and educational level of the head of the family. The findings also showed that the demand for all kinds of meat is inelastic (necessary goods), as the price elasticity of demand is less than one at the three income levels. The income elasticity of red meat and fish was higher than one for low-income families, which implies that these two commodities are considered luxury commodities for this category, while it was found that all kinds of meat are ordinary commodities for middle- and high-income families. As for cross elasticity, the elasticity coefficient was positive and less than one for all kinds of meat, which confirms that red meat, poultry, and fish are substitutionary commodities. The study concluded with many recommendations, which generally revolve around how to meet the local demand for meat and reduce its prices.

DOI

10.21608/fjard.2024.308492.1060

Keywords

Demand function, Price Elasticity of demand, Income Elasticity of Demand, Cross Elasticity of Demand

Authors

First Name

Rabab

Last Name

El Khateb

MiddleName

A. M.

Affiliation

Department of Economic Studies, Division of Economic and Social Studies, Desert Research Center, Cairo, Egypt

Email

robaelkhateb@yahoo.com

City

-

Orcid

-

Volume

38

Article Issue

4

Related Issue

51583

Issue Date

2024-11-01

Receive Date

2024-07-30

Publish Date

2024-11-01

Page Start

602

Page End

615

Print ISSN

1110-7790

Online ISSN

2805-2528

Link

https://fjard.journals.ekb.eg/article_391813.html

Detail API

https://fjard.journals.ekb.eg/service?article_code=391813

Order

391,813

Type

Research articles.

Type Code

1,920

Publication Type

Journal

Publication Title

Fayoum Journal of Agricultural Research and Development

Publication Link

https://fjard.journals.ekb.eg/

MainTitle

Demand for meat in light of the current economic crisis "Case study in New Valley governorate"

Details

Type

Article

Created At

28 Dec 2024