Consumer Demand for Fresh Marine Fish in Peninsular Malaysia

The general objective of the study was to examine the consumer demand for fresh marine fish in Peninsular Malaysia. In particular, the study aimed at evaluating the important factors in determining the demand for fish, estimating elasticity values, as well as projecting the demand up to the year...

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Main Author: Abu Samah, Kamaruzzaman
Format: Thesis
Language:English
English
Published: 1987
Subjects:
Online Access:http://psasir.upm.edu.my/id/eprint/8008/1/FEP_1987_3_.pdf
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spelling my-upm-ir.80082023-12-01T08:11:55Z Consumer Demand for Fresh Marine Fish in Peninsular Malaysia 1987-05 Abu Samah, Kamaruzzaman The general objective of the study was to examine the consumer demand for fresh marine fish in Peninsular Malaysia. In particular, the study aimed at evaluating the important factors in determining the demand for fish, estimating elasticity values, as well as projecting the demand up to the year 2000. Two models were used, a single equation and a simultaneous equation. A single equation model was us ed in the demand analysis of fish by species and grades, whereas, the demand for total fish was evaluated by the simultaneous equation demand model. To estimate the empirical models, annual data from the period of 1950 to 1984 was used. A single equation which was in the form of price dependent model was estimated by using Ordinary Least Squares (OLS) and Cochrane-Orcutt iterative techniques, whereas, the simultaneous model was estimated by Two Stage Least Squares (2SLS). It was found that the important variables in the single equation model were income per capita, average price index of fish and meat, trend and quantity of fish consumed per capita. The results suggest that fresh marine fish can be either normal, inferior, substitutes or complementary commodity depending on the specific areas of the study. A similar situation was observed with the own price elasticity of fresh marine fish. Consumers' preferences Fishes - Malaysia 1987-05 Thesis http://psasir.upm.edu.my/id/eprint/8008/ http://psasir.upm.edu.my/id/eprint/8008/1/FEP_1987_3_.pdf text en public masters Universiti Pertanian Malaysia Consumers' preferences Fishes - Malaysia Faculty of Economics and Management Chiew, Eddie F. Chong English
institution Universiti Putra Malaysia
collection PSAS Institutional Repository
language English
English
advisor Chiew, Eddie F. Chong
topic Consumers' preferences
Fishes - Malaysia

spellingShingle Consumers' preferences
Fishes - Malaysia

Abu Samah, Kamaruzzaman
Consumer Demand for Fresh Marine Fish in Peninsular Malaysia
description The general objective of the study was to examine the consumer demand for fresh marine fish in Peninsular Malaysia. In particular, the study aimed at evaluating the important factors in determining the demand for fish, estimating elasticity values, as well as projecting the demand up to the year 2000. Two models were used, a single equation and a simultaneous equation. A single equation model was us ed in the demand analysis of fish by species and grades, whereas, the demand for total fish was evaluated by the simultaneous equation demand model. To estimate the empirical models, annual data from the period of 1950 to 1984 was used. A single equation which was in the form of price dependent model was estimated by using Ordinary Least Squares (OLS) and Cochrane-Orcutt iterative techniques, whereas, the simultaneous model was estimated by Two Stage Least Squares (2SLS). It was found that the important variables in the single equation model were income per capita, average price index of fish and meat, trend and quantity of fish consumed per capita. The results suggest that fresh marine fish can be either normal, inferior, substitutes or complementary commodity depending on the specific areas of the study. A similar situation was observed with the own price elasticity of fresh marine fish.
format Thesis
qualification_level Master's degree
author Abu Samah, Kamaruzzaman
author_facet Abu Samah, Kamaruzzaman
author_sort Abu Samah, Kamaruzzaman
title Consumer Demand for Fresh Marine Fish in Peninsular Malaysia
title_short Consumer Demand for Fresh Marine Fish in Peninsular Malaysia
title_full Consumer Demand for Fresh Marine Fish in Peninsular Malaysia
title_fullStr Consumer Demand for Fresh Marine Fish in Peninsular Malaysia
title_full_unstemmed Consumer Demand for Fresh Marine Fish in Peninsular Malaysia
title_sort consumer demand for fresh marine fish in peninsular malaysia
granting_institution Universiti Pertanian Malaysia
granting_department Faculty of Economics and Management
publishDate 1987
url http://psasir.upm.edu.my/id/eprint/8008/1/FEP_1987_3_.pdf
_version_ 1794018712733351936