Econometric Analysis of Cereal Demand in Morocco Using the Almost Ideal Demand System Model
Journal Title: International Journal of Food and Agricultural Economics - Year 2018, Vol 6, Issue 2
Abstract
Following up the agricultural policy in Morocco and enforcing it, the new strategy Green Morocco Plan (GMP) launched in 2008 also stressed on the cereals’ supply. Meantime, despite their significant nutritional role, little attention has been paid to the demand side. This paper intends to perform an econometric analysis of the demand of five main cereals - Common wheat, Durum wheat, Barley, Corn and Rice- using a linear version of the flexible Almost Ideal Demand System (LA/AIDS model). A Seemingly Unrelated Regression (SUR) approach has been applied to the demand system equations with annual data covering the period from 1980 to 2015. At the overall, regular econometric restrictions (stability, structural separability, validity, etc.) have been respected our results suggest that the relations of complementarity or substitution are not determining in the cereal bundle in Morocco. Also, the Moroccan consumer behavior is characterized by a strong sensibility towards common wheat price’s changes and by a difficult access for the durum wheat as it is considered as luxury good.
Authors and Affiliations
Sara Essaten, Abdelkader Ait El Mekki, Mohammed Serghini
Keywords
Related Articles
- EP ID EP324574
- DOI -
- Views 119
- Downloads 0
INTERNATIONAL TRADE AND FOOD SECURITY: CAN PUBLIC STOCKHOLDING BE DISMISSED?
The food crisis of 2007-2008 led to a renewed interest in public stockholdings for food security purposes. Stock acquisition for food security is constrained by WTO rules. Developing countries petitioned the WTO to remov...
EFFECTIVENESS OF AGRICULTURAL SUPPORTS ACROSS OECD AND SELECTED COUNTRIES UNDER THE WTO SPELL
Agricultural supports are among the most favored policies of governments to affect domestic welfare and maintain food security. Supports provided take many forms ranging from those distorting prices and production to de-...
LONG-TERM CHOICES FOR QUINOA FARMERS IN PUNO, PERU. A REAL OPTIONS STUDY
The aim of this article is to assess the optimal choices of a smallholder quinoa farmer in the Puno Peru, in terms of their decision if and when to undertake certain investments that are expected to increase quinoa yield...
PERCEPTIONS OF ENTREPRENEURSHIP IN A UNIVERSITY AGRIBUSINESS PROGRAM: DEVELOPING A SCALE
This paper develops a scale to measure student perceptions of entrepreneurship in an agribusiness undergraduate program. The study builds on Morris, Webb, Fu and Singhal (2013) and Kriewall and Mekemson (2010) conceptual...
FACTORS AFFECTING RISK MANAGEMENT STRATEGIES TO CLIMATE CHANGE EFFECTS IN GHANA
The continued dependence on rain fed production by farmers increases their vulnerability to risk. In view of this, the study assessed the major risk faced by farmers, the main coping strategies adopted and the determinan...