Econometric analysis of consumer expenditure for Sheep meat in Damascus and Damascus-Rural provinces
published by Damascus University
in 2012
in
and research's language is
العربية
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Abstract in English
This study aimed to choose a suitable standard model of consumer
expenditures on local sheep meat at two levels, family and capita by using
cross-section data for the year 2009. Results showed that the Log-Inverse (LI)
functional was the best model to express the relationship between total
expenditure and spending on sheep meat expenditure at family and capita
levels and the values of coefficient of determination (R2) were 0.203 and 0.37 at
family and capita levels respectively with expenditure elasticity was 0.867 at
family average expenditure level. This might reflect the fact that the sheep meat
is considered a luxury commodity in case of decreasing family average
expenditure below 18001 SP per month.
References used
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Hassan, Z. A., R. J. Stanley. 1984. Demand systems eEstimation – methods and applications. The lowa State University Prees/Ames