This paper investigates the determinant of Milk demand and consumer information. Using the annual time series data for the period of 1975~2000, the milk demand is estimated and prognosed. Annual per capital liquid milk consumption has now stabilised a...
This paper investigates the determinant of Milk demand and consumer information. Using the annual time series data for the period of 1975~2000, the milk demand is estimated and prognosed. Annual per capital liquid milk consumption has now stabilised at around 35kg, but there is an on-going shift toward consumption of Dairy products. The result suggests that consumption of the Dairy products increased rapidly than the Milk for liquid consumption.