Behavior of supply and demand of regional pig carcassesin Mexico, 1994-2012
Under the economic context of free trade in the past two decades, the Mexican pork industry has faced significantchanges that have caused modifications in the production structure and trade in this sector, but their effects havediffered depending on the regions. The aim of this research was to investigate the market operation of pork carcassesin eight regions of Mexico, and to quantify the magnitude of the impact of the main economic variables affectingsupply and demand for meat in each region. An econometric model with multiple linear regressions was used for eachregion, it included the main economic and technological variables that determine the supply and demand for pork.The supply of pork carcasses in most regions was directly proportional to technology and elastic, in terms of priceof meat it is directly proportional and inelastic and for price of food it is inversely proportional and inelastic, theregional average values were 1.241, 0.062 and -0.097, respectively. Demand was elastic relative to population sizeand it was inelastic with the current price and income per capita in all regions, recording average values of 1.871,-0.070 and 0.132. Population growth was the variable that showed higher incidence with respect to consumption ofpork. All models had global significance, however, not all explanatory variables presented individual significance.
| Principais autores: | , , , , |
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| Formato: | Digital revista |
| Idioma: | spa |
| Publicado em: |
Instituto Nacional de Investigaciones Forestales, Agrícolas y Pecuarias
2015
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| Acesso em linha: | https://cienciaspecuarias.inifap.gob.mx/index.php/Pecuarias/article/view/4008 |
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| Resumo: | Under the economic context of free trade in the past two decades, the Mexican pork industry has faced significantchanges that have caused modifications in the production structure and trade in this sector, but their effects havediffered depending on the regions. The aim of this research was to investigate the market operation of pork carcassesin eight regions of Mexico, and to quantify the magnitude of the impact of the main economic variables affectingsupply and demand for meat in each region. An econometric model with multiple linear regressions was used for eachregion, it included the main economic and technological variables that determine the supply and demand for pork.The supply of pork carcasses in most regions was directly proportional to technology and elastic, in terms of priceof meat it is directly proportional and inelastic and for price of food it is inversely proportional and inelastic, theregional average values were 1.241, 0.062 and -0.097, respectively. Demand was elastic relative to population sizeand it was inelastic with the current price and income per capita in all regions, recording average values of 1.871,-0.070 and 0.132. Population growth was the variable that showed higher incidence with respect to consumption ofpork. All models had global significance, however, not all explanatory variables presented individual significance. |
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