Estimating Demand Elasticities of Meat Demand in Slovakia
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This article focuses on assessing consumer beliefs, attitude and behaviour towards meat. The aim is to
obtain estimates of price and income elasticity of meat demand in Slovakia. This report analyses pork, poultry and
beef meat consumption in Slovakia according to the individual households’ social categories. The Household Budget
Survey of the Slovak Statistical Office was used for period 1993-2007. The data consists of yearly observations of
beef, pork and poultry consumption, average annual consumer prices of beef, pork and poultry meat and net income
per capita.
Knowing the values of demand elasticities for food is widely used to correct policy formation and analysing trade
patterns all over the world, but especially in developing countries where food expenses represent relatively large
shares of consumer budgets.