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This paper investigates a system of supply, demand, and price equations for Malaysian cocoa using annual data over the period 1975-2008. Theoretically, in supply and demand models, the price variable is treated as endogenous. However, Hausman specification test result indicates that there is no...
Persistent link: https://www.econbiz.de/10015219762
The Malaysian cocoa sector has undergone dramatic changes during the last few decades. In the early years of 1970s, this sector has maintained an upward trend in the area and consequently the production. However, the trend reversed in the late 1980s due to factors such as declining world prices,...
Persistent link: https://www.econbiz.de/10008497691
This paper investigates a system of supply, demand, and price equations for Malaysian cocoa using annual data over the period 1975-2008. Theoretically, in supply and demand models, the price variable is treated as endogenous. However, Hausman specification test result indicates that there is no...
Persistent link: https://www.econbiz.de/10008497673
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As per capita income increases, consumers do not only demand for a greater quantity but also higher quality of food. The objective of this study is to examine the demand for meat quantity and quality in Malaysia. By using the Household Expenditure Survey 2004/05 data, expenditure, quantity, and...
Persistent link: https://www.econbiz.de/10015216740
As per capita income increases, consumers do not only demand for a greater quantity but also higher quality of food. The objective of this study is to examine the demand for meat quantity and quality in Malaysia. By using the Household Expenditure Survey 2004/05 data, expenditure, quantity, and...
Persistent link: https://www.econbiz.de/10005105683
One distinct change in Malaysian food consumption behavior is the preference for meat products over staple and grain foods intact with income growth. Having mentioned the changes in food consumption behaviors, indeed, there are changes in nutrient availability and intake as well. This study aims...
Persistent link: https://www.econbiz.de/10015216452