DEMAND FOR MEAT AND FISH PRODUCTS IN KOREA



Table 3. Endogeneity Test of the Expenditure Variable

Calculated

Test Statistics

DF*

Critical Value
(α = 0.05)

Hanwoo Beef

1821.224

9

16.919

Imported Beef

34.603

9

16.919

Pork

126.967

9

16.919

Chicken

2078.976

9

16.919

Fish

83.557

9

16.919

Crustacean

261.119

9

16.919

System

4406.447

54

72.136

* DF denotes Degree of Freedom.



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