Indonesian fish consumption: an analysis of dynamic panel regression model

Abstract

The level of Indonesian fish consumption is relatively lower than other countries in Southeast Asian countries and Asia as a whole, while Indonesia is a large fish producing country which is one of the archipelagic countries with the longest coastline in the world. The research employs the panel co-integration analysis and panel-based Error Correction Models (ECM) to examine the short and long-term relationship of 31-province incomes and fish prices toward fishery consumption in Indonesia along 2010–2015. The research finds that fish price and income statistically significant affect fish consumption in short and long-term, except the income in the short-term model. Price and income elasticity for fish consumption is inelastic in the short and the long-term in Indonesia.