U.S. Demand for Source–Differentiated Shrimp: A Differential Approach

Estimates of price and scale elasticities for U.S. consumed shrimp are derived using aggregate shrimp data differentiated by source country. Own-price elasticities for all countries had the expected negative signs, were statistically significant, and inelastic. The scale elasticities for all countries were positive and statistically significant at the 1% level with only the United States and Ecuador having scale elasticities of less than one. For the most part, the compensated demand effects showed that most of the cross-price effects were positive. Our results also suggest that despite the countervailing duties imposed by the United States, shrimp demand was fairly stable.


Issue Date:
2008-08
Publication Type:
Journal Article
Record Identifier:
http://ageconsearch.umn.edu/record/47202
PURL Identifier:
http://purl.umn.edu/47202
Published in:
Journal of Agricultural and Applied Economics, Volume 40, Number 2
Page range:
609-621
Total Pages:
13
JEL Codes:
C32; D12; Q13; Q22




 Record created 2017-04-01, last modified 2018-01-22

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