Table 5. Uncompensated Elasticities of Korean Meat and Fish Products: 1980-98
|
HAN |
IB |
PK |
CH |
FS |
CR |
MO |
EXP | |
|
HAN |
-1.1515* |
0.1378 |
-0.0778 |
-0.0463 |
0.0164 |
0.0416 |
-0.0649 |
1.1463* |
|
(0.1867) |
(0.0922) |
(0.0975) |
(0.0253) |
(0.0908) |
(0.0152) |
(0.0532) |
(0.1632) | |
|
IB |
0.2216 |
-0.8987* |
-0.9713 |
-0.2277 |
-0.3416 |
-0.0959 |
0.0638 |
2.2622* |
|
(0.3980) |
(0.2611) |
(0.2301) |
(0.0626) |
(0.2087) |
(0.0376) |
(0.1217) |
(0.4115) | |
|
PK |
-0.0684 |
-0.1140 |
-0.7424* |
-0.0911 |
-0.1025 |
-0.0187 |
-0.0542 |
1.1933* |
|
(0.0671) |
(0.0365) |
(0.0546) |
(0.0122) |
(0.0392) |
(0.0066) |
(0.0244) |
(0.0772) | |
|
CH |
-0.1387 |
-0.1406 |
-0.4054 |
-0.3078* |
0.0209 |
0.0125 |
-0.0586 |
1.0179* |
|
(0.0984) |
(0.0576) |
(0.0620) |
(0.0666) |
(0.0644) |
(0.0261) |
(0.0311) |
(0.1045) | |
|
FS |
0.2780 |
-0.0036 |
0.1345 |
0.0678 |
-0.8474* |
-0.0026 |
0.1857 |
0.1794 |
|
(0.1221) |
(0.0682) |
(0.0830) |
(0.0251) |
(0.1048) |
(0.0153) |
(0.0440) |
(0.1578) | |
|
CR |
0.9480 |
-0.6288 |
-0.8412 |
0.0427 |
-0.2772 |
-0.6952* |
-0.1971 |
1.6552* |
|
(0.4272) |
(0.2458) |
(0.2385) |
(0.1790) |
(0.2876) |
(0.1360) |
(0.1390) |
(0.4590) | |
|
MO |
0.0708 |
0.2474 |
0.1792 |
0.0174 |
0.5571 |
-0.0142 |
-0.8620 |
-0.2077 |
*Denotes significance at the 5 percent level, and standard errors are in parentheses.