ECONOMETRIC STUDY OF THE FISH MARKETS IN EGYPT | ||||
| Journal of Agricultural Economics and Social Sciences | ||||
| Article 5, Volume 29, Issue 8, August 2004, Page 4573-4581 PDF (2.12 MB) | ||||
| Document Type: Original Article | ||||
| DOI: 10.21608/jaess.2004.209782 | ||||
 View on SCiNiTO | ||||
| Author | ||||
| Nabawia E. Mousa, | ||||
| Agric. Economic Res. Inst., Agric. Res. Center. | ||||
| Abstract | ||||
| The Study aimed at measuring the price and quantity relationship between built and burry fish. The Rotterdam demand model was used to estimate the price elasticity of demand. Form the study it was concluded that the demand elasticity was 1.47 for built fish and 1.89 for burry fish . Accordingly, the Rotterdam demand model proves that there is an inverse relationship between the price of the commodity and the demand on it. It was also concluded that the net loss of production of the two commodities was 90.75 and 125.75 million pounds for built and burry respectively . Second, the net loss of the consumer was 36.97 and 58.93 million pounds for built and burry respectively. Finally, the net loss of the society was 318.3 million pounds divided to, 139.94 and 184.68 million pounds for built and burry respectively. On the other hand, the consumer revenue was around 36.87 and 58.94 million pounds for built and burry respectively. The Government revenue was around 493.94 million pounds divided to, 205.5 and 288.42 million pounds for built and burry respectively. | ||||
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