Analysis of capture fish demand in Indonesia. Issue 1 (July 2020)

• Record Type: Journal Article
• Authors: Firmansyah, ; Oktavilia, Shanty; Prayogi, Ryan; Wahyu Puspita, Dita
• Is Part Of: IOP conference series. Volume 530:Issue 1(2020)
• Publication Date: 2020-07
• Subjects: Earth sciences -- Periodicals; Environmental sciences -- Congresses; Environmental sciences -- Periodicals; 550.5
• DOI: 10.1088/1755-1315/530/1/012009
• Languages: English
• ISSNs: 1755-1307

Abstract

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.