Demand Analysis for Meat Consumption in Urban Household in Nigeria: A Review
Demand analysis for meat was reviewed for urban household in Nigeria. Results showed that while Chevon, Chicken and Mutton were luxuries, beef was a necessity. All the meat products considered were normal goods with own-prices that were negative and consistent with demand theory. However, mutton showed an exception which a positive own price. Chevon and Chicken were price elastic in many of the studies and as such, price changes for these products will affect their consumers more than consumers of other meat products that were less elastic. The major models used for many of the studies were Linear Approximate-Almost Ideal Demand System (LA-AIDS), Marshallian Demand Function, Multiple Regression Model, Tobit model and Rotterdam demand model, Quadratic Almost Ideal Demand System (QUAIDS). The most commonly used model is the LA-Almost Ideal demand System (AIDS) largely due its inclusion of demographic variables, ease of interpretation and flexibility of the functional form.
Authors
- Innocent Maduabuchukwu Maduekwe
- Elizabeth EBUKİBA (ORCID: https://orcid.org/0000-0002-6765-8697)
- Park Odojoma Idisi
- Benjamin Akinkunmi Adeagbo
- Deborah Aimanosi Kankomi
- Bolou Oyintarimi Pondei
- Eziaha Comfort Ugorji
- Victoria Etulan-Ejiro Akporehwe
Publication Details
- Journal
- International Journal of Research and Innovation in Social Science
- Published
- 2025-01-01
- DOI
- https://doi.org/10.47772/ijriss.2025.915ec0058
- Primary Topic
- Economics of Agriculture and Food Markets
- Type
- article
- Field-Weighted Citation Impact
- 0.00