Estimation of Consumer's Olive-oil Demand Function at Consumer level in the Syrian Coastal Region
International Journal of Agriculture & Environmental Science |
© 2020 by SSRG - IJAES Journal |
Volume 7 Issue 1 |
Year of Publication : 2020 |
Authors : Ghassan Baddour, Ghassan Yaqoub, Mahmoud Alio |
How to Cite?
Ghassan Baddour, Ghassan Yaqoub, Mahmoud Alio, "Estimation of Consumer's Olive-oil Demand Function at Consumer level in the Syrian Coastal Region," SSRG International Journal of Agriculture & Environmental Science, vol. 7, no. 1, pp. 69-74, 2020. Crossref, https://doi.org/10.14445/23942568/IJAES-V7I1P113
Abstract:
This research was carried out on a sample of consumers in the Syrian coastal region in 2019 using a questionnaire specifically prepared for a random sample of (383) households. It aims to estimate olive-oil function demand and identify the most important factors affecting needed amounts at consumer level.
The findings showed a high demand for olive oil in the coastal region up to (8) kg/capita, accompanied by increasing demand in rural areas compared to urban ones. Thus, it can be said that olive oil-producing areas have a greater demand than nonproducing ones. Production amount of each area has also affected the consumptive demand amount of olive oil, as this demand increased in Lattakia more than in Tartous, in parallel with increased contribution of Lattakia to olive-oil production in Syria of about 27.8% versus 19.2% for Tartous.
The rest of study findings coincided with the economic theory, so that increasing family size, income and food spending will result in an increase in olive olive-oil demand, whereas the increase in purchasing price and spending on competing commodities (alternative oils) will result in a decrease in olive-oil demand.
Keywords:
Olive-oil, Consumer, Demand, Price
References:
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