Analysis of the supply and demand model of Thai broilers
1996
Rosada Vesdapunt (Kasetsart Univ., Bangkok (Thailand). Faculty of Economics. Dept. of Economics)
Goodness of fit test was acceptable and satisfactory. The model was used to examine the effect of changes in policy variables in two cases. Case I, the real price of Thai compound feed decreased by 2 percent per year, the quantity of Thai broiler production, the quantity of Thai broiler domestic consumption, and the export quantity of Thai frozen chicken to Japan would increase by 5.19, 0.96 and 5.78 percents per year respectively. In case of Thai broiler price received by the farmer, the retail price of Thai broiler and the export price of Thai frozen chicken to Japan would decrease by 0.12, 0.72 and 1.81 percents per year respectively. Case II, the real per capita of Japanese national income increased by 3 percent per year, the quantity of Thai broiler production, the quantity of Thai frozen chicken export to Japan, the Thai broiler price received by the farmer, the retail price of Thai broiler and the export price of Thai frozen chicken to Japan would increase by 0.09, 87.32, 0.18, 1.05 and 2.62 percents per year respectively. In case of Thai broiler domestic consumption would decrease by 1.24 percent per year.
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