Supply - Demand Analysis of fish in India

Aswathy, N and Shanmugam, T R and Ashok, K R (2012) Supply - Demand Analysis of fish in India. Journal of Fisheries Economics and Development , 12 (2). pp. 44-51.

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Abstract

The economic growth, population pressure and changes in the dietary pattern have contributed to the increase in demand for animal origin foods in lndia. The fish prices had increased many times than all other food items over the years. An analysis of fish demand and supply situation in lndia is done and projections were made for the year 2020. Price and income elasticities of fish demand were estimated using exponential function. Export demand and tastes and preferences of consumers were not included in the demand analysis. The fish supply was projected using trend extrapolation method. Estimates of demand model showed that the household expenditure on fish in general as elastic. The study revealed that with the projected population and percapita income growth rates, fish demand in year 2020 will exceed the total fish supply from marine, inland and aquaculture sectors with the current production trend.

Item Type:Article
Uncontrolled Keywords:supply; demand; elasticity; growth rate model; projections
Subjects:Socio Economic and Extension > Fisheries Extension
Socio Economic and Extension > Fisheries Economics
Divisions:CMFRI-Cochin > Fishery Extension
ID Code:8975
Deposited By:Arun Surendran
Deposited On:03 Jun 2012 06:13
Last Modified:03 Jun 2012 06:13

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