Demand analysis of meat in Malaysia
One distinct change in Malaysians' food consumption behavior has been the preference toward meat products. Thus it is meaningful to gain insight of meat consumption patterns. As the market becomes increasingly market-led, information on current meat consumption patterns is required to assess ho...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Routledge
2010
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| Online Access: | http://psasir.upm.edu.my/id/eprint/13888/1/Demand%20analysis%20of%20meat%20in%20Malaysia.pdf |
| _version_ | 1825945322753359872 |
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| author | Tey, Yeong Sheng Shamsudin, Mad Nasir Mohamed, Zainal Abidin Abdullah, Amin Mahir Radam, Alias |
| author_facet | Tey, Yeong Sheng Shamsudin, Mad Nasir Mohamed, Zainal Abidin Abdullah, Amin Mahir Radam, Alias |
| author_sort | Tey, Yeong Sheng |
| collection | UPM |
| description | One distinct change in Malaysians' food consumption behavior has been the preference toward meat products. Thus it is meaningful to gain insight of meat consumption patterns. As the market becomes increasingly market-led, information on current meat consumption patterns is required to assess how they are likely to change as prices and incomes change. This study attempts to provide a better understanding of demand for meat products in Malaysia. By utilizing data from Household Expenditure Survey 2004/2005, Engel curve analysis was conducted to derive income elasticities of meat products from QUAIDS model. The estimated income elasticities show that current food consumption patterns are showing signs of convergence toward a Western diet, exhibiting tendency for preference toward red meats (mutton and beef) over white meats (poultry and pork). The estimated elastic own-price elasticities indicate that Malaysian consumers are sensitive to the change in prices of the meat products, with other things remain constant. |
| first_indexed | 2024-03-06T07:29:42Z |
| format | Article |
| id | upm.eprints-13888 |
| institution | Universiti Putra Malaysia |
| language | English |
| last_indexed | 2024-03-06T07:29:42Z |
| publishDate | 2010 |
| publisher | Routledge |
| record_format | dspace |
| spelling | upm.eprints-138882018-08-14T08:51:29Z http://psasir.upm.edu.my/id/eprint/13888/ Demand analysis of meat in Malaysia Tey, Yeong Sheng Shamsudin, Mad Nasir Mohamed, Zainal Abidin Abdullah, Amin Mahir Radam, Alias One distinct change in Malaysians' food consumption behavior has been the preference toward meat products. Thus it is meaningful to gain insight of meat consumption patterns. As the market becomes increasingly market-led, information on current meat consumption patterns is required to assess how they are likely to change as prices and incomes change. This study attempts to provide a better understanding of demand for meat products in Malaysia. By utilizing data from Household Expenditure Survey 2004/2005, Engel curve analysis was conducted to derive income elasticities of meat products from QUAIDS model. The estimated income elasticities show that current food consumption patterns are showing signs of convergence toward a Western diet, exhibiting tendency for preference toward red meats (mutton and beef) over white meats (poultry and pork). The estimated elastic own-price elasticities indicate that Malaysian consumers are sensitive to the change in prices of the meat products, with other things remain constant. Routledge 2010 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/13888/1/Demand%20analysis%20of%20meat%20in%20Malaysia.pdf Tey, Yeong Sheng and Shamsudin, Mad Nasir and Mohamed, Zainal Abidin and Abdullah, Amin Mahir and Radam, Alias (2010) Demand analysis of meat in Malaysia. Journal of Food Products Marketing, 16 (2). pp. 199-211. ISSN 1045-4446; ESSN: 1540-4102 https://www.tandfonline.com/doi/abs/10.1080/10454440903415105 10.1080/10454440903415105 |
| spellingShingle | Tey, Yeong Sheng Shamsudin, Mad Nasir Mohamed, Zainal Abidin Abdullah, Amin Mahir Radam, Alias Demand analysis of meat in Malaysia |
| title | Demand analysis of meat in Malaysia |
| title_full | Demand analysis of meat in Malaysia |
| title_fullStr | Demand analysis of meat in Malaysia |
| title_full_unstemmed | Demand analysis of meat in Malaysia |
| title_short | Demand analysis of meat in Malaysia |
| title_sort | demand analysis of meat in malaysia |
| url | http://psasir.upm.edu.my/id/eprint/13888/1/Demand%20analysis%20of%20meat%20in%20Malaysia.pdf |
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