We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Análisis del mercado de huevo en México, 1975-2020.
- Authors
Rivera-Gómez, Saúl; García-Sánchez, Roberto Carlos; García-Mata, Roberto; Caamal-Cauich, Ignacio
- Abstract
Objective: To analyze the components that determine the egg market, identifying the main determining variables of supply, demand, and price transmissions. Methodology: A model of simultaneous equations was formulated with information from the period 1975-2020. The estimation was carried out using two-stage least square method, with SYSLIN procedure of the SAS (Statistical Analysis System, v.9.4.) computer package. The main economic and technological variables that affect the functions of the model were accounted. Results: The econometric model that represents the egg market is composed of five functional relationships and one identity function. There is an inelastic supply (0.15) to changes in the producer price and an inelastic demand (-0.54) to the consumer price. The producer price for pork was a weak competitor for egg production (-0.25). The consumer price of pork is a strong complement (-1.16) and that of beef is a close substitute (1.12), both quantities demanded. Limitations: The period of analysis of the egg market in Mexico. Conclusions: The variables that determine the egg supply in Mexico are the real producer prices of egg, pork, balance feed, and technology or feed conversion. The egg demand in Mexico is determined primarily by the real consumer prices of eggs, pork, beef, and the real national disposable income per capita.
- Subjects
MEXICO; EGG industry; WHOLESALE prices; ECONOMETRICS; PRICES; PORK sales &; prices; LEAST squares; SIMULTANEOUS equations; ECONOMETRIC models
- Publication
Estudios Sociales: Revista de Alimentación Contemporánea y Desarrollo Regional, 2023, Vol 33, Issue 61, p1
- ISSN
0188-4557
- Publication type
Article
- DOI
10.24836/es.v33i61.1306