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Provedor de dados:  AgEcon
País:  United States
Título:  A Demand System Analysis of the U.S. Trout Market
Autores:  Lee, Young-Jae
Kennedy, P. Lynn
Hilbun, Brian M.
Data:  2010-01-14
Ano:  2010
Palavras-chave:  Trout
Demand System
International Relations/Trade
Resumo:  The objective of this study is to analyze how imported trout affects the domestic U.S. trout industry.

Faced with a dynamic change in U.S. trout imports, this study tried to identify how trout imports affect the domestic trout industry in the United States. In doing so, this study analyzed the quantity effect and exchange rate effect on domestic trout price using a modified LDI-AIDS model. According to the results of this study, we found five important facts related to trout imports during this sample period of time. First, a low farm price of domestic trout might be due to reasons other than trout imports because empirical results show that the net effects of imported trout products are complementary rather than substitutionary in effect. Second, domestic trout price decreases with an increase in total trout supply into domestic market. Third, imported frozen products are gross-substitutes for domestic product, while imported fresh products are gross-complements for domestic product. Fourth, for domestic trout, the intensity of substitutable interaction of imported products is as follows: frozen fillets > frozen whole trout > fresh whole trout > rainbow trout. Finally, depreciation of the U.S. Dollar relative to the Chilean Peso reduces the negative impact of Chilean imported trout on domestic trout price.
Tipo:  Conference Paper or Presentation
Idioma:  Inglês
Identificador:  Louisiana State University

Relação:  Southern Agricultural Economics Association>2010 Annual Meeting, February 6-9, 2010, Orlando, Florida
Selected Paper
Formato:  22

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