Agriculture Reference
In-Depth Information
Table A8.11 Elasticities of sensitivity to the income elasticity of demand
for lvestock products
2010 projecton wthout
2010 projecton wth
protecton ncrease
protecton to acheve
self-sufficiency
Imports
Nominal protection coefficient
Beverages
0.76
0.75
Other crops (including feedgrains)
1.18
0.51
Livestock products
1.83
0.66
Processed food
0.79
0.42
Exports
Light manufactures
-0.38
Heavy manufactures
-0.36
Real gross output
Rice
-0.03
Beverages
0.18
Other crops (including feedgrains)
0.06
Livestock products
0.37
Processed food
0.02
Light manufacturing
-0.65
Heavy manufacturing
-0.10
GDP
-0.02
Imports
Beverages
-1.56
Other crops (including feedgrains)
-0.71
Livestock products
-1.71
Processed food
-0.72
Exports
Light manufactures
-1.41
Heavy manufactures
-0.72
Unit factor rewards CPI deflated
Land
0.43
Unsklled Labour (those employed)
0.00
Skilled Labour
-0.01
Physical capital
-0.02
Natural Resources
0.04
Source:
To construct these elastctes a small devaton n the ncome elastcty of
demand for lvestock products s ntroduced and the standard smulatons repeated.
Elastctes are deduced from the comparson of smulaton results.
