文章基本信息

标题：Analysis of Demand for Dairy Product in Central American Countries under the CAFTA
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作者：Wen-Chi Huang ; Wen-Chi Huang ; Ángel Amed Durón-Benítez 等
期刊名称：Microeconomics and Macroeconomics
印刷版ISSN：2168-457X
电子版ISSN：2168-4588
出版年度：2015
卷号：3
期号：1
页码：7-14
DOI：10.5923/j.m2economics.20150301.02
语种：English
出版社：Scientific & Academic Publishing Co.
摘要：A double-log model was estimated on demand for cheese and fluid milk and for the aggregation of imported cheese, fluid milk, and powdered milk in Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua using time series data 1994-2012. Cheese and fluid milk were price and income inelastic in all countries, except for income in El Salvador. On the other hand, import prices for cheese and fluid milk were often found elastic, but that of powdered milk was inelastic. An increase in incomes augmented imports of fluid milk and cheese, compared to powdered milk. Overall, the substitution effect suggested that increment in imports prices of cheese and fluid milk increased the purchase of powdered milk.
关键词：Dairy products; Central America; Demand elasticity; Import demand