|
|
The Economic impacts of the floating the Egyptian pound on the production and consumption the poultry
In Gharbia Governorate
|
|
Abstract:
Summary:
The State has adopted a policy of liberalizing the exchange rate of the Egyption pound in November 2016 as a measure of economic reform policies, aimed to increasing the volume of exports and reducing imports, which led to increasing the prices of agricultural inputs specially animal inputs and poultry and the prices of the final products of these goods, The main target of this study to investigate the impact of the floating the exchange rates of the Egyptian pound on the producers and the consumers of the red meat and poultry.
The important results were:-
a. The value of capital depreciation is the first in terms of percentage change as one of the fixed cost items in the post-liberation period compared to the pre-liberation period for the three categories.
b. The cost of energy is ranked first in terms of change as one of the fixed cost items in the post-liberation period compared to the pre-liberation period for the three categories.
c. The Net of return is the first in terms of percentage change as one of the indicators of economic efficiency in the post-liberation period compared to the pre-liberation period of the three categories.
d. Arising in the exchange rate by 10% led to a rise in the price of the yellow corn by about 7.9%, and the price of soybean by about 12.5% and increasing in poultry prices by about 8.7%.
e. The benfit -cost ratio of poultry fattening before the exchange rate change was about 0.20, 0.60, 0.70 pounds for each of the first, second and third respectively, then increased to about 1.16, 1,19, 1.21 pounds after exchange rate change.
f. The profitability of the pound invested in poultry fattening has increased from 27, 60, 70 piasters per pound before the exchange rate changed then increased to about 116, 119, 121 piasters per pound after exchange rate change.
g. The increase in the price of poultry meat by 10% leads to increasing in the consumption of red meat by about 9.15% and increasing in the consumption of fish by about 8.26%.
h. The profit margin ratio of the product increased to about 2.7%, 5.6%, 7.2% before the liberalization of the exchange rate to about 14.1%, 16.5%, 17.9% after the liberalization of the exchange rate.
i. The first category were the beigest in changing the pattern of consumption meat poultry by changing in income level , where the elasticity of income was the lowest value of 0.12, 0.17 in the rural and urban respectively.
j. The increase in poultry prices by 10% leads to increase the consumption of fish by 7.3%, 6.2% in the first income category, about 4.2%, 3.2% in the second income category, about 2%, 1.5% in third-class income category in the rural and urban respectively.
k. Consumers of poultry meat increased their consumption of fish by about 1.23 kg and 1.48 kg compared to reducing their consumption of poultry meat by 1 kg in the first income category, while they consumption was about 0.97 And 1.08 kg of fish in the second income category, and reached about 0.95 kg and 1.04 kg in the third income category in the rural and urban respectively.
Recommendations :
1-Establishing studies about the impact of the exchange rate before appliance.
2-Control the prices of the output and input production special the agricultural one after the appliance the floating the exchange rate.
3-The intervention of the government as supplier of the principal commodities in low price and control the level market price . 4- Rationalize the consumers to used the alternative cheaper goods than the expensiveness and lowing the amount consumption .
|
| Publication year |
2019
|
| Availability location |
مكتبة معهد بحوث الاقتصاد الزراعي - 7ش نادي الصيد - مبنى الهيئات والشركات
|
| Availability number |
|
| Organization Name |
|
| City |
الجيزة
|
| Author(s) from ARC |
|
| Publication Type |
Journal
|