| Author | Lee, Yang Ho |
| Call Number | AIT Thesis no.AE-92-43 |
| Subject(s) | Food consumption--Korea
|
| Note | A thesis submitted in partial fulfillment of the
requirements for t he degree of Master of Science, School of Environment, Resources and Development |
| Publisher | Asian Institute of Technology |
| Abstract | The trends of food consumption and production in Korea were
analyzed . Two-level food demand functions using An Almost Ideal
Demand System(AIDS) model and data covering 1962 to 1990 were
estimated. And income and price elasticities of 5 aggregate and 13
individual commodities were computed.
The results of trend analysis, generally, supported the
hypotheses that income increase leads to the decrease in the share
of food in total expenditure, leads to t he increase in the
consumption of meat, milk, fruits and change in consumption leads
to change in production except commodities mostly imported such as
wheat, pulses and corn.
According to the results of estimation of income elasticities,
food crops including cereals like rice, barley and pulses already
are shown as inferior good, pork, milk and fishery products are
shown as luxuries that their income elasticities are greater than
1, and the other commodities such as vegetables, fruits, chicken
and eggs are normal goods.
All own-price elasticities are negative, ranging from
-0.1350 for fruits to -2.7959 for sesame. The results also show
the cross-price elasticities valuable in terms of food policy. |
| Year | 1992 |
| Type | Thesis |
| School | School of Environment, Resources, and Development (SERD) |
| Department | Department of Food, Agriculture and Natural Resources (Former title: Department of Food Agriculture, and BioResources (DFAB)) |
| Academic Program/FoS | Agricultural and Food Engineering (AE) |
| Chairperson(s) | Suthad Setboonsarng; |
| Examination Committee(s) | Upasena, Selawa H. ;Tang, John C.S.
|
| Scholarship Donor(s) | DAAD (Government of Germany); |
| Degree | Thesis (M.Sc.) - Asian Institute of Technology, 1992 |