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Modelling Risks in the Salmon Industry and Markets
Provedor de dados: 31
Autores: Asheim,   Leif Jarle; Lien,   Gudbrand D.; Richardson,   James W.; Tveteras,   Ragnar; Veggeland,   Frode.
The paper proposes developing a trade model for salmon to assist in discussions and negotiations of current international salmon trade issues and major risk problems facing the salmon industry.  Two modeling approaches are discussed: 1) developing a traditional equilibrium trade programming model designed to maximize total welfare across all model regions by solving for a medium-term price that balances the amount of salmon supplied by the world region to the among processed and consumed by this region; and 2) developing an econometric stochastic simulation model based on linear or non-linear equations.  Some disadvantages and weaknesses of the programming model are discussed, whereas the econometric model needs further exploration and consideration.  The...
Tipo: Conference Paper or Presentation
Palavras-chave: Risks; Salmon; Programming model; Econometric model; International trade; Livestock Production/Industries; C60; C50.
Ano: 2005
URL: http://purl.umn.edu/56000