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Volume 30, No. (2), 2020 (April)
ESTIMATION OF SCALE ELASTICITIES AND PRICE FLEXIBILITIES OF MEAT AND FISH IN SAUDI ARABIA
*M. Al-Mahish,

King Faisal University, College of Agriculture and Food Science, Al-Ahsa, Saudi Arabia
Corresponding Author: malmahish@kfu.edu.sa; mohammed_9m@yahoo.com
DOI: https://doi.org/10.36899/JAPS.2020.2.0040
Page Number(s): 461-466
Published Online First: March 02, 2020
Publication Date: March 02, 2020
ABSTRACT

This paper applied the synthetic inverse demand model to estimate scale and price flexibilities of lamb, beef, chicken, and fish in Saudi Arabia. Model selection tests showed that the differential inverse AIDS model and the inverse CBS model provided the best fit for the data. The estimated own-price flexibilities for both models were negative and consistent with theory. Furthermore, the results revealed that a 1% increase in aggregate quantity of meat and fish decreased the normalized prices of fish and chicken by approximately 0.7% and 1.1%, respectively.
Keywords: Inverse Demand, Price Flexibility, Scale Elasticity, Meat, Fish
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Cite Score: 1.3

JCR Year: 2025

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Web of Science (SCIE)

SCOPUS (Q3)

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Journal Impact Factor: 0.5

HEC Category: W

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Print ISSN: 1018-7081

Electronic ISSN: 2309-8694

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