DEMAND FOR MEAT AND FISH PRODUCTS IN KOREA



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.



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