Abstract
In this paper we study Korean consumers' demand for fish using
almost ideal demand system (AIDS) with annual consumption data. And we search
whether fish consumption behavior coincides with the demand hypothesis and also
measure own- and cross-price elasticity and expenditure elasticity of fish.
Homogeneity is rejected but symmetry is accepted. And the hypothesis with both
homogeneity and symmetry is accepted. Therefore we conclude that AIDS model with
homogeneity and symmetry is suitable for analyzing demand for fish. We also find
that most of measured elasticities are statistically significant and that all
cross-price elasticities are positive. This means that the four fishes are
substitutes among others.
목 차
1. 서 론
2. 모 형
3. 추정 및 검정방법
4. 실증분석
결과
5. 결 론 Abstract
In this paper we study Korean consumers' demand for fish using
almost ideal demand system (AIDS) with annual consumption data. And we search
whether fish consumption behavior coincides with the demand hypothesis and also
measure own- and cross-price elasticity and expenditure elasticity of fish.
Homogeneity is rejected but symmetry is accepted. And the hypothesis with both
homogeneity and symmetry is accepted. Therefore we conclude that AIDS model with
homogeneity and symmetry is suitable for analyzing demand for fish. We also find
that most of measured elasticities are statistically significant and that all
cross-price elasticities are positive. This means that the four fishes are
substitutes among others.