Consumer demand for beef in the E. E. C.
Abstract
In the negotiations connected with Britain' s entry into
the E. E. C., New Zealand possesses very little true bargaining
power. The only advantage we can use is to be better informed
than the other side about the structure and economics of the
E. E. C. market for products with which we are vitally concerned. Apart from presenting detailed results for a number
of econometric models relating to each of the five main E. E. C.
countries, the author also gives a large amount of information
on the market structure for meat in each of the countries;
and he has also brought together all the relevant meat production,
consumption and price data, and for this reason alone we hope
the paper will prove useful for reference purposes. The object of this study
has been to try and quantify the relative effects of price and income
on E.E.C. demand for beef in order to yield coefficients which might
be used in later projection work.
