An Empirical Investigation of Interproduct Relationships Between Domestic and Imported Seafood in the U.S.

This study seeks to identify interproduct relationships between domestic catfish and a representative selection of imported seafood. In doing so, this study uses multivariate cointegration and structural analyses. Multivariate cointegration analysis suggests that six imported seafood product groupings form a common market with domestic catfish. Structural analysis reveals that 1) domestic and imported catfish are net and gross quantity substitutes; 2) domestic catfish and imported seafood are normal goods; 3) six imported seafood products are identified as gross quantity substitutes for domestic catfish; and 4) according to the derived Allais coefficients, interaction intensities of imported seafood for domestic catfish (from greatest to least) are as follows: tuna, shrimp, salmon, tilapia, catfish, and trout.


Issue Date:
2010-11
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/100516
Published in:
Journal of Agricultural and Applied Economics, Volume 42, Number 4
Page range:
631-642
Total Pages:
12
JEL Codes:
D12; F10; F11; F13




 Record created 2017-04-01, last modified 2017-08-26

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