National income and fishery consumption
A global investigation
Bibliographic Data
| ID | 15067026 |
|---|---|
| Authors | Chyi-Lu Jang (National Sun Yat-sen University), Chun-Ping Chang, Chun‐ping Chang (0000-0003-1782-4551, Shih Chien University, corresponding author) |
| Year | 2014 |
| Volume | 27 |
| Issue | 1 |
| Pages | 15-33 |
| Publication date | 2014-01-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Economic Research-Ekonomska Istraživanja (JOURNAL) |
| Journal identifiers | ISSN: 1331-677X • E-ISSN: 1848-9664 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/1331677x.2014.947104 |
| OpenAlex | W2041420989 |
| Language | EN |
| References cited | 32 |
We apply the panel unit root tests, heterogeneous panel co-integration analysis, and panel-based error correction models (ECM) to examine the long-term co-integrated relationship between national income and fishery consumption in a panel of 101 countries for the period 1970–2006. In addition, we utilise a panel dynamic ordinary least squares (DOLS) model, to assess the effect of national income on fish consumption, and vice versa. Our empirical results provide clear support for a positive long-term co-integrated relationship between national income and fishery consumption after allowing for a heterogeneous country effect. Further, we display a bi-directional causality among these variables via the dynamic panel-based ECM in the long-term, and demonstrate that fish is a common food. Finally, our full sample is divided into developed, developing, southern hemisphere countries (SHC) and northern hemisphere countries (NHC) to discover the broader effect of income on fish consumption if any, and vice versa, among different levels of economic development and diverse regions. This facilitates our understanding and provides more insight into the characteristic of fishery among different levels of economic–geography conditions. We propose fishery policy recommendations through our findings
Biology · Econometrics · Economics · Fish · Fishery · Geography · Macroeconomics · Measures of national income and output · Northern Hemisphere · Ordinary least squares · Panel data · Unit root · Economics of Agriculture and Food Markets · Energy, Environment, Economic Growth · Global trade and economics
Econometric Analysis of Panel Data
Planning the use of fish for food security in the Pacific
Fully modified OLS for heterogeneous cointegrated panels
Linear Regression Limit Theory for Nonstationary Panel Data
Cointegration Vector Estimation by Panel Dols and Long‐run Money Demand
On the estimation and inference of a cointegrated regression in panel data
Behavioral and Social Influences on Food Choice
Unit root tests in panel data
Testing for unit roots in heterogeneous panels
Panel Cointegration
Distribution of the Estimators for Autoregressive Time Series with a Unit Root
Individual determinants of fish consumption
Perceived barriers to consumption of fish among Norwegian women
Geography, Demography, and Economic Growth in Africa
| Highly cited | No |
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