Agriculture Reference
In-Depth Information
Table A13.4 Adjusted own-price and income elasticities for China
Own-prce elastcty
Income elastcty
GTAP
Adjusted
GTAP
Adjusted
2006
2001
2001
2001
2001
Rice
-0.08
-0.27
0.4
0.04
0.03
Wheat
-0.07
-0.29
0.4
0.06
0.05
Coarse grain
-0.06
-0.26
0.4
-0.35
-0.35
Vegetables and fruits
-0.12
-0.65
0.4
0.53
0.53
Ol seeds
-0.06
-0.57
0.4
0.42
0.41
Sugar
-0.07
-0.60
0.42
0.55
0.5
Cotton
-0.22
-0.50
1.06
1.06
1.06
Other crops
-0.18
-0.57
0.87
0.42
0.41
Vegetable oil
-0.06
-0.65
0.4
0.53
0.53
Cattle and mutton
-0.25
-0.78
1.23
0.66
0.65
Pork and poultry
-0.34
-0.65
1.23
0.56
0.55
Milk
-0.25
-0.89
1.23
1.05
1.04
Fish
-0.28
-0.67
1.23
0.8
0.79
Processed food
-0.28
-0.55
0.87
1.12
1.04
Natural resources
-0.26
-0.26
1.26
1.26
1.26
Textles and apparel
-0.29
-0.29
1.06
1.06
1.06
Natural industry
-0.33
-0.32
1.25
1.25
1.25
Metal and machinery
-0.29
-0.29
1.25
1.25
1.25
Transportation
-0.28
-0.28
1.26
1.26
1.26
Electronics
-0.28
-0.28
1.25
1.25
1.25
Manufactures
-0.28
-0.28
1.25
1.25
1.25
Services
-0.49
-0.48
1.15
1.15
1.15
Source:
Estmated by the Centre for Chnese Agrcultural Polcy (CCAP).
