International Journal of Fisheries and Aquatic Studies
2018, Vol. 6, Issue 4, Part E
Determinants and elasticities of the demand for fresh catfish (Clarias gariepinus) in the Wouri division, Littoral region of Cameroon
Author(s): Fon Dorothy E and Kouekam Ngandeu Arthur
Abstract: This study on the determinants and elasticities of the demand for catfish (
Clarias gariepinus) in the Wouri Division of the Littoral region of Cameroon has as aim to describe the socio-economic characteristics of catfish consumers; to estimate the average quantity of catfish consumed per household; to assess the determinants of the demand for catfish; and to determine the income, price and cross elasticities of the demand for catfish. Quantitative and qualitative data were obtained from 100 catfish consuming households in five sub-divisions of the Wouri Division. The data obtained were analyzed using descriptive statistics and multiple regression with Ordinary Least Squared method of analysis. Results from the analysis show that respondents comprised of 55% female household heads and 45% male with an average age of 40 years. The surveyed catfish consuming households have an average size of six persons and an average monthly household income of 185,500 FCFA. The average price per kilogram of catfish is 2,184.34 FCFA and the average substitute price is 2,054.55 FCFA/Kg. The results indicate an average monthly household catfish consumption of 6.33 Kg. Product price (
Pr), consumers’ income (Y), family size (
Px) and substitute price (
Ps) were found to significantly influence the demand for catfish at one percent level of probability. The demand for catfish is price elastic (
PE = 2.382), the relatively positive income elasticity for catfish suggests a potential for the emergence of a large market for catfish in the future in the Wouri Division. Estimated cross elasticity coefficient between catfish and its substitutes shows a positive cross elasticity for the Wouri Division. Aquaculture production could be assisted through efforts that promote technological change with the adoption of modern processing techniques in catfish production. This will go a long way to generate increased demand for catfish in the Wouri Division.
Pages: 363-370 | 1074 Views 224 DownloadsDownload Full Article: Click Here
How to cite this article:
Fon Dorothy E, Kouekam Ngandeu Arthur. Determinants and elasticities of the demand for fresh catfish (Clarias gariepinus) in the Wouri division, Littoral region of Cameroon. Int J Fish Aquat Stud 2018;6(4):363-370.