Type | Journal Article - Agricultural Research and Reviews |
Title | Micro level analysis of beef and fish consumption in Imo State, Nigeria |
Author(s) | |
Volume | 1 |
Issue | 1 |
Publication (Day/Month/Year) | 2012 |
Page numbers | 1-8 |
URL | http://pakacademicsearch.com/pdf-files/agr/194/1-8 Vol 1 issue 1 February 2012.pdf |
Abstract | The study compared household consumption of beef and fish in Imo State. The specific objectives of this study includes: identifying the socio-economic characteristics of beef and fish consumers; determining household consumption of beef and fish; estimating the price elasticity of beef and fish and ascertaining the factors affecting household demand of beef and fish; and making recommendations based on these findings. Two Hundred and Forty household heads were conveniently selected from the area. Questionnaires were the main tool for data collection. Data collected were analyzed using descriptive statistics, regression analysis, t-statistics and elasticity. The result indicated that the average age of the consumers was 53.82 years; their mean household size was 8 persons, while their average monthly income was #35,543.2 ($226.81). Majority (75.00%) were married women. Greater proportion (45.00%) of the consumers had secondary education. The results show that the average household monthly consumption of beef and fish were 14.4kg and 27.21kg respectively. The average price paid by consumers for 1 kg of beef and fish were 333.33 and #266.67 respectively. The price elasticity of beef was -6.216 while that of fish was -0.505. Micro-economic and socio-economic variables like the price of substitutes, income, products price, age, educational level, and household size significantly and positively affected beef consumption while price of beef significantly and negatively affected beef consumption. Also, micro-economic and socio-economic variables like income, products price, age, educational level, and household size significantly and positively affected fish consumption while price of fish significantly and negatively affected fish consumption. However, recommended policy actions should be directed towards given incentives to those who practice aquaculture, beef production to enable them expand production so as to meet the demands of the people. |
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