THE IMPACT OF FLOATING EXCHANGE RATE ON THE BEHAVIOR OF THE CONSUMERS FOR THE RED MEAT IN GHARBIA GOVERNORATE | ||||
| Egyptian Journal of Agricultural Research | ||||
| Article 22, Volume 96, Issue 3, September 2018, Page 1165-1178 PDF (554.65 K) | ||||
| Document Type: Original Article | ||||
| DOI: 10.21608/ejar.2018.140784 | ||||
 View on SCiNiTO | ||||
| Authors | ||||
| MOHAME K. GORABA; MOHAMED A. ELSAWY | ||||
| Agricultural Economics Research Institute, ARC, Doki, Giza. | ||||
| Abstract | ||||
| The central bank of Egypt issued the decree of floating the exchange rate of the Egyptian pound in September 2016 which lead to raise the prices of agricultural inputs generally and especially the inputs of animal production which import from outside and so raised the prices of red meat. The most important results were: 1-The rising in exchange rate by 10% leads to rises of the prices of the red meat, poultry and fish by 9.3%, 8.8% and 8.1 respectively. 2-The rising in exchange rate by 10% leads to lowing in consumption of red meat by around 7.5%, 6% in rural and urban respectively for the first category of incomes and for the second and third categories of income were 2.9 %, 2.5% in ruler and urban and 1.4%, 0.9 % consequently.It clear that the low category of income was the lowest in consumption of the red meat after the floating exchange rate. 3-An increasing in the red meat price by 10% leads to increased in consuming poultry by 8.1%. 7.2 in rural and urban for the first category of income and by 2.9% . 3% for the second and the third by 1.7%, 2.4% respectively. That means the categories of the low income were the highest in changing the pattern of consumption poultry instead of red meat and substitute it. 4-An increasing in red meat price by 10% leads to increase in consuming the fish by 6.2%, 7.3% in rural and urban respectively for the first category of income and the second by 3.2%, 4.2% and the third by 1.5%, 2.2% in the rural and urban for the categories of income consequent recommendations:- 1-Establishing studies about the impact of the exchange rate before the appliance. 2-The intervention of the government as supplier of the principal commodities at low price and control the level market price. 3-Rationalize the consumers to use the alternative cheaper goods than the expensive and lowing the amount consumption | ||||
| Keywords | ||||
| FLOATING EXCHANGE; THE CONSUMERS; RED MEAT | ||||
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