Sheep and lamb processing: assessment
Research investigating the opportunities and challenges industry faces in retaining and increasing sheep and lamb processing in Scotland.
Appendix 3 – Elasticities
Table 11 Estimated own-price, cross-price and income elasticities[62]
Beef | Lamb | Pork | Poultry | Fish | Other | Income | |
---|---|---|---|---|---|---|---|
Beef | -0.17 | 0.60 | 0.34 | -0.13 | 0.57 | -0.13 | 0.56 |
Lamb | 2.11 | -3.47 | 0.63 | -0.37 | 1.30 | -0.90 | 1.52 |
Pork | 0.96 | 0.51 | -0.05 | -0.13 | 0.57 | -0.58 | 0.45 |
Poultry | -0.15 | -0.09 | -0.06 | -0.11 | 0.02 | 0.05 | 1.16 |
Fish | 0.60 | 0.40 | 0.21 | 0.05 | -0.19 | -0.31 | 0.60 |
Other | -0.19 | -0.25 | -0.23 | 0.04 | -0.34 | -0.09 | 1.64 |
Source: Own elaboration based on Kantar Worldpanel data
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