Jaffry, Shabbar; Pascoe, Sean; Robinson, Catherine - In: Applied Economics 31 (1999) 4, pp. 473-481
In this paper, the own and cross-price flexibilities for four high valued species (bass, lobster, sole and turbot) landed in the UK are estimated. System of equation models were developed using the vector error correction model (VECM) approach. Johansen's multivariate approach was used to obtain...