A demand analysis of the UK canned tuna market

Shabbar Jaffry, James Brown

    Research output: Contribution to journalArticlepeer-review

    Abstract

    This study provides an analysis of the retail level demand for canned tuna in the UK using four-weekly scanned data for the period 1995–99. The role of product medium is analysed, looking at the interactions between the traditional tuna in brine and oil and the more recent value added tuna in sauces. A system of demand equations is estimated using the dynamic almost ideal demand system (AIDS) model. All products are demonstrated to have negative and inelastic own price elasticities. Tuna in brine and sauce is shown to be a normal good, while tuna in oil was demonstrated to be a luxury good. Tuna in oil was indicated as being a substitute for tuna in sauce.
    Original languageEnglish
    Pages (from-to)215-227
    Number of pages13
    JournalMarine Resource Economics
    Volume23
    Issue number2
    Publication statusPublished - 2008

    Fingerprint

    Dive into the research topics of 'A demand analysis of the UK canned tuna market'. Together they form a unique fingerprint.

    Cite this