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Please use this identifier to cite or link to this item: http://hdl.handle.net/123456789/10228

Title: Economic Analysis of Import Demand for Poultry Meat in the G.C.C. Countries
Authors: Abdul-Aziz M. Duwais
Sobhy M. Ismaiel
Mohammad Al-Qunaibet
Issue Date: 1999
Abstract: The aim of this paper is to analyze the demand function for poultry imports in the Gulf Cooperation Council (GCC) countries as a whole during the period 1979-1992. It also aims at forecasting the future import demand for poultry in the GCC until the year 2005. This demand function was estimated using three functional forms: the linear, the logarithmic, and the semi-logarithmic. Ordinary Least Squares (OLS) method was utilized to estimate these relations using time series data (1979-1992). Results showed that: (1) The aggregate data for the Gulf Cooperation Council (GCC) countries are best represented by the semi-logarithmic form. Import demand for the GCC countries is affected mainly by real import price for poultry, real national income, and population. (2) Price elasticity of import demand for the aggregate data for the GCC countries is estimated at -0.93, while the income elasticity is found to be 0.36. It is expected that poultry imports will reach 534.000 tons in the year 2005. this amount could be reduced to 514.000, 496.000 tons if the real import price increased by 10%, 20% or 30%, respectively, following the implementation of GATT.
URI: http://hdl.handle.net/123456789/10228
Appears in Collections:College of Foods And Agricultural Science

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