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Analysis of capture fish demand in Indonesia

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Published under licence by IOP Publishing Ltd
, , Citation Firmansyah et al 2020 IOP Conf. Ser.: Earth Environ. Sci. 530 012009 DOI 10.1088/1755-1315/530/1/012009

1755-1315/530/1/012009

Abstract

Indonesia has a large population that faces food supply problems in the future, when it is estimated that Indonesias population will reach 300 million by 2045. To ensure the availability of accessible food with sufficient quality and quantity, appropriate policies are needed to overcome the problem originating from the supply and demand side. This study analyzes the domestic capture fish demand, which is influenced by the determinants such as fish price levels, the prices of product substitution of fish and income. By employing the data panel with fixed effect model (FEM) and random effect model (REM), the relationships of the dependent and independent variables are estimate. This study finds that income affected by the capture fish demand positively and elastic. The results of this study identified that one percent increase in income could increase capture fishery demand in Indonesia by 1.26 percent.

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10.1088/1755-1315/530/1/012009