Expenditure and price elasticities of meat demand in different social group of households in Slovakia
2001
W/Senbet T. (Slovenska polnohospodarska Univ., Nitra (Slavak Republic))
Significant changes have occurred in the 1990s in the consumption of meat products in Slovakia. In this paper a linear demand model employing beef, pork and chicken meat per capita and year consumption data segmented by social group is used to identify price and expenditure elasticities for different groups of Slovakian consumers. As the result indicates there is an increasing income variation among the social group of households in Slovakia, which disadvantages the farmers' households. The degree of product and household aggregation influenced the elsticity estimates. As the results indicate both expenditure and own price elsticities for a composite good are lower than those for the individual goods which compose the composite good. So, the more products are combined, the fewer the number of substitutes and therefore the more inelastic demand is likely to be. However, there is a high response to own price and income changes in a deeper disaggregation to the level of individual household group and meat kind.
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