Empirical Specification of Factors Affecting Per Capita Pork Consumption in Armenia
Keywords:
per capita pork consumption, real price of pork, real price of beef, real price of poultry, real per capita disposable personal income, trendAbstract
The aim of this paper is to estimate the main factors affecting per capita pork consumption in Armenia. For this analysis, the log linear model of per capita pork consumption was estimated. In the analysis 17 observations were used for the period of 2001 through 2017. The data were mainly taken from websites of “Statistical Committee of the Republic of Armenia” and “Food and Agriculture Organization”. The parameter estimate of each variable is calculated using STATA statistical software. Further analysis has shown that real price of beef,
real price of mutton and real per capita disposable income had statistically significant impact on per capita pork consumption in Armenia.
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