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The seafood market has changed substantially in recent decades, becoming increasingly globalized. This has led to introduction of new species and new sources of fish in most markets. We estimate a seafood demand system that, unlike models in previous studies, accounts for potential structural...
Persistent link: https://www.econbiz.de/10010879386
To describe the effects of quantity and the exchange rate on prices in the U.S. open fish market, this study develops an augmented differential inverse demand model. The model is applied to the U.S. trout market for empirical analysis. The augmented differential inverse CBS demand system...
Persistent link: https://www.econbiz.de/10010915059
Einy et al (2002) showed that information advantage of a firm is rewarded in any equilibrium of an incomplete information Cournot oligopoly, provided the inverse demand function is differentiable and monotonically decreasing, and costs are affine. We extend this result in two directions. We show...
Persistent link: https://www.econbiz.de/10008496347
This paper analyzes the effects of the suspension agreement of the U.S.-Mexico fresh tomatoes antidumping cases on U.S. consumers. A linear and dynamic version of an inverse almost ideal demand system is developed to estimate consumer behavior. The measure of consumer welfare – compensating...
Persistent link: https://www.econbiz.de/10005000515
We derive the relationships between the net and gross elasticities of substitution and complementarity (i.e., the elasticities that refer either to the conditional or unconditional, direct or inverse demand system) in the general case of non-homothetic, variable-returns-to-scale technologies. We...
Persistent link: https://www.econbiz.de/10005068108
In the late 80's and early 90's Mexico eliminated minimum price policies of main agricultural commodities and substituted those policies by government operated contract markets. Contracts can help smooth price variations and facilitate risk-sharing but their impact on price levels is uncertain....
Persistent link: https://www.econbiz.de/10010602300
U.S. beef producers have always been concerned that beef imports may depress prices. Consumer groups have held the opposite view. This research addresses this issue by assessing the impact of beef imports on wholesale domestic beef prices. This is done by estimating the flexibilities between...
Persistent link: https://www.econbiz.de/10008922548
El objeto de este trabajo es realizar un amplio estudio de la estructura de consumo en España de productos hortofrutícolas y particularmente de hortalizas frescas, considerados en general componentes esenciales de la alimentación mediterránea. A partir del tratamiento de las cantidades como...
Persistent link: https://www.econbiz.de/10011070604
The importance of fish size for price per kilo is studied using an inverse demand approach. Prices per kilo in different size categories of the same species differ significantly. This means that the average price for a species may change due to e.g., high-grading, growth overfishing or a...
Persistent link: https://www.econbiz.de/10011202226
Persistent link: https://www.econbiz.de/10004998681