Consumer Demand for Crop and Livestock Commodities in Japan: Preliminary Estimates of the Consumption Impact of Reduced Prices
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Date
1989-03
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Publisher
Ohio State University. Department of Agricultural, Environmental, and Development Economics
Abstract
Japan's 1965- 1985 demand for crops and livestock is estimated. Income has positive impact on livestock and grains & oilseeds consumption; livestock price has significant own-price effect in livestock consumption and is complimentary in grains & oilseeds consumption. If Japan were to lower livestock prices, both livestock and grains & oilseeds consumption would increase.