DETERMINANTS OF THE POULTRY MEAT DEMAND IN CARCASS IN MEXICO, 1990-2018
Main Article Content
Keywords
Poultry meat, demand, elasticities, Mexico
Abstract
Objetive: evaluate the degree of sensitivity of demand for poultry meat in carcasses in Mexico, in the face of changes in its main determinants.
Design/methodology/approach: with Ordinary Least Squares, a multiple linear regression model was estimated, where the response was the domestic demand for poultry meat in carcasses and the predetermined the actual price of chicken meat, real price of pork, real price of bovine meat, per capita real income and population, for the period 1990-2018.
Results: an inverse and inelastic effect (-0.09) of the quantity demanded of poultry meat at the price of the product, direct and inelastic to the prices of pork (0.001) and bovine (0.07), direct and inelastic to the income (0.10), direct and elastic to the population (0.90).
Limitations on study/implications: it is suggested to test the statistical and economic significance with almost ideal demand models to compare elasticities
Findings/conclusions: population and per capita income had the greatest effect on the sensitivity of demand for poultry meat in carcasses in Mexico and that this product behaved as a normal and inelastic good to income.