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Spanish Household Demand for Seafood
Author(s) -
Manrique Justo,
Jensen Helen H.
Publication year - 2001
Publication title -
journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.157
H-Index - 61
eISSN - 1477-9552
pISSN - 0021-857X
DOI - 10.1111/j.1477-9552.2001.tb00936.x
Subject(s) - demographics , commodity , socioeconomic status , value (mathematics) , economics , agricultural economics , empirical examination , household income , business , demographic economics , geography , environmental health , demography , medicine , population , machine learning , classical economics , sociology , computer science , market economy , archaeology
Seafood is an important food commodity in Spain, the second largest consuming nation of seafood in the world. Today, several changes in demographics, socioeconomic factors, and lifestyle changes have affected demand for seafood products. Double‐hurdle models allow an examination of Spanish household expenditures on these products and explicitly account for the value of women's time. The empirical evidence shows that the set of statistically significant factors in the participation and expenditure equations is not the same for fresh and processed seafood goods. Income and household demographic variables are important determinants of both participation and expenditures on seafood products. In addition, the value of women's time affects expenditures on processed products, which include frozen, cured, and canned seafood goods.