IMPORT DEMAND FOR THAI FROZEN SEAFOOD IN JAPAN
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1 IMPORT DEMAND FOR THAI FROZEN SEAFOOD IN JAPAN Ruangra Torsna and Walaorn Thambamrung Deartment of Agrcultural and Resource Economcs Faculty of Economcs Kasetsart Unversty Bango Thaland
2 Outlne Introducton The model The result Frozen shrm Frozen cuttlefsh and squd Frozen crab Concluson
3 Introducton Decreasng mort share of Tha frozen seafood n Jaanese maret Currently Tha frozen shrm (share = 8% US$156 mll. Tha frozen cuttlefsh and squd (share = 31% US$ 64 mll. Tha frozen crab (share = 4% US$ 0.8 mll.
4 THE MODEL Deaton & Muellbauer AIDS x = q [ a( ] u ln[ ( ] ln C ( u = (1 u ln + b 1 ln ln [ a( ] = α α ln γ ln ln [ b( ] = ln[ a( ] + u 0 α lnc( u = γ ln + 2 γ ln + u 0 1
5 ( ( u C q u = + + = u u C u C γ α 0 ln ( ( q u q C u = = ( ( + + = a C u u γ α 0 0 ( ln ( ln ln ( + + = P x u ln ln ( γ α
6 x ( u = α + γ ln + ln P 1 lnp = ln γ 2 [ a( ] = α α ln ln ln lnp= lnp S = ln t = α + γ ln t t ( + lnx ln t t
7 t ( = α + + γ ln t ln xt t ln t x t t t t = share of Jaanese mort value of selected frozen seafood from country n year t = rce of selected frozen seafood from country n year t = rce of selected frozen seafood from country n year t = Jaanese total eaense on morted of selected frozen seafood n year t Frozen shrm for mort from Thaland Chna Vetnam Indonesa and Inda Frozen cuttlefsh and squd for mort from Thaland Chna Vetnam Frozen crab for mort from Thaland Chna Vetnam Indonesa and Inda
8 On rce elastcty ε γ = t 1 Cross rce elastcty ε Income elastcty = γ t t t ε x = t + 1
9 The result Table 1: The estmated Jaanese mort demand for frozen shrm Exlanatory varable Jaanese mort demand for frozen shrm from Thaland Chna Vetnam Indonesa Inda constant Imort rce from Thaland Chna Vetnam Indonesa Inda Others Exense Statstcs R-square U-Thel D.W
10 Table 2: On rce cross rce and ncome elastcty of Jaanese demand for frozen shrm Jaanese demand for frozen shrm from Prce of morted frozen shrm from Thaland Chna Vetnam Indonesa Inda Others Income Thaland Chna Vetnam Indonesa Inda
11 Table 3: The estmated Jaanese mort demand for frozen cuttlefsh and squd Exlanatory varable Jaanese mort demand for frozen cuttlefsh and squd from Thaland Chna Vetnam constant Imort rce from Thaland Chna Vetnam Others Statstcs Exense R-square U-Thel D.W
12 Table 4: On rce cross rce and ncome elastcty of Jaanese mort demand for frozen cuttlefsh and squd Jaanese demand for frozen cuttlefsh and squd from Prce of morted frozen cuttlefsh and squd from Thaland Chna Vetnam Others Income Thaland Chna Vetnam
13 Table 5: The estmated Jaanese mort demand for frozen crab Exlanatory Jaanese mort demand for frozen crab from varables. Thaland Chna Vetnam Indonesa Inda constant Imort rce from Thaland Chna Vetnam Indonesa Inda Others Exense Statstcs R-square U-Thel D.W
14 Table 6: On rce cross rce and ncome elastcty of Jaanese mort demand for frozen crab Jaanese mort demand for frozen crab from Prce of frozen crab from Thaland Chna Vetnam Indones a Inda Others Income Thaland Chna Vetnam Indonesa Inda
15 Table 7: Ran of on rce elastcty ncome elastcty and comettors for Tha frozen seafood n Jaanese maret Frozen shrm Frozen cuttlefsh and squd Frozen crab On rce Income On rce Income On rce Income Comettors Comettors Comettors Vetnam ( Vetnam ( Vetnam ( Thaland ( Vetnam ( None Chna ( Indonesa ( Others ( Thaland ( Thaland ( Inda ( Chna ( Chna ( Indonesa ( Chna ( Inda ( Inda ( Inda ( Chna ( Vetnam ( Thaland ( Vetnam ( Inda ( Vetnam ( Chna ( Indonesa ( Inda ( Thaland ( Indonesa ( Chna ( Thaland ( Vetnam (0.9655
16 Concluson Frozen shrm Comettors: Vetnam Inda and Chna On rce elastcty as less elastc than Vetnam. Income elastcty as loer than Vetnam. Frozen cuttlefsh and squd No comettor Hghest on rce elastcty Loest ncome elastcty Frozen crab Comettors: the others Inda and Vetnam On rce elastcty as nelastc but ostve. Income elastcty as loer than Indonesa Chna and Inda.
17 Than you
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