Demand and supply analysis of livestock products in Andaman and Nicobar Islands
Indian Journal of Economics and Development
Year : 2015, Volume : 11, Issue : 4
First page : ( 801) Last page : ( 814)
Print ISSN : 2277-5412. Online ISSN : 2322-0430.
Article DOI : 10.5958/2322-0430.2015.00088.8
Demand and Supply Analysis of Livestock Products in Andaman and Nicobar Islands
Principal Scientist (Agri. Economics), Dairy Economics, Statistics and Management Division, National Dairy Research Institute, Karnal-132001, India, Email: firstname.lastname@example.org
JEL Classification: C21, C51, C82, Q11, Q12, R15
Online published on 30 October, 2015.
Livestock sector, sustains the growth of regional economy. Adequate policy measures need to be established for appreciable growth in productivity and sustainability in the regional and farm level productions and in the processing sectors. Migration of people, tourism development, increase in population, globalisation, urbanisation, increase in the economic status of people coupled with the adequate measures from governments, the demand for livestock products is on the steady increase. The effect of price and income on the demand of livestock products and other parameters on their supply is analysed; the predictions are made for the next two decades and the gaps; thereof are indicated.