Demand for fish in Asia: A cross-country analysis
Abstract
Fish demand patterns in nine Asian countries were investigated using a multistage
budgeting framework allowing a disaggregated approach to analysing fish consumption.
This paper highlights the heterogeneity of fisheries products in terms of species,
sources and cultural responses of consumers, factors that are important in fish demand
under the Asian setting. Specifically, fish demand by income groups were compared
to determine how the low- and high-income households respond to price and
income changes. Results showed that the estimated price and income elasticities of
all fish types included in the study were relatively more elastic among the poorer
households.