英文摘要 |
The paper addresses the important impact of the outbreak of Foot-and-Mouth Disease (FMD) on the meat consumption pattern in Taiwan. A linear almost ideal demand system model is employed to estimate the consumption for pork, beef, and chicken in Taiwan. Research results reveal that the consumption pattern for pork, beef, and chicken tends to favor chicken over pork. The outbreak of FMD caused a sharp reduction in pork consumption lasting for two months. Accordingly, the beef price and expenditure increased significantly. Such fact implies that consumers preferred the substitute of beef for pork right after the outbreak of FMD. |