An economic study of the most important factors affecting the production of red meat in Egypt

Abstract

The red meat sector is one of the important agricultural productive activities in Egypt, as it is one of the main important sources of agricultural income, and a major source of animal protein needed to feed the population. The main objective of the research is to study the most important factors affecting the amount of animal production of red meat. The most important food groups considering them as basic food commodities and by studying the relationship between individual spending on red meat group as a dependent variable and total consumption expenditure as an independent variable as shown in Table (5) using simple regression method through income, expenditure and consumption research during the time periods (1999/2000, 2004/ (2005, 2008/2009, 2012/2013, 2015/2016, 2017/2018) where the parameters of the double logarithmic model were significant and consistent with the economic logic in urban and rural areas, and by estimating the spending elasticity of the urban red meat group, it was found that the elasticity amounted to about 0.44, 0.75, 0.44, 0.44, 0.62, 0.81, respectively, and it is clear from this that the red meat group is a necessary commodity. By estimating the spending elasticity of the red meat group in the countryside for the same period of time, where the significance of the model used was proven, and the elasticity was around 1.03, 0.85, 0.60, 0.59/0.53, 0.68. It is clear from this that the red meat group is a necessary commodity, except in 1999/2000 it was a luxury item.