Demand Elasticities for Farmed Salmon in World Trade

Posted: 24 Nov 2009

See all articles by Jinghua Xie

Jinghua Xie

affiliation not provided to SSRN

Henry W. Kinnucan

Auburn University

Øystein Myrland

affiliation not provided to SSRN

Abstract

The generalised demand specification of Barten and Eales et al. is used to estimate the world demand curves faced by major exporters of farmed salmon. Results suggest that the demand for farmed salmon has become less price elastic over time, fresh salmon from the UK faces the most competition in world markets and fresh salmon from Chile the least. Promotion programmes sponsored by the Norwegian Seafood Export Council appear to have increased the demand for fresh salmon at the expense of frozen salmon. Although the estimated promotion effects are small, the programme appears to have been remunerative from the Norwegian producer perspective.

Keywords: fish demand, trade elasticities, promotion

JEL Classification: Q13, M30, M37

Suggested Citation

Xie, Jinghua and Kinnucan, Henry W. and Myrland, Øystein, Demand Elasticities for Farmed Salmon in World Trade. European Review of Agricultural Economics, Vol. 36, No. 3, pp. 425-445, 2009, Available at SSRN: https://ssrn.com/abstract=1509911 or http://dx.doi.org/jbp028

Jinghua Xie (Contact Author)

affiliation not provided to SSRN ( email )

Henry W. Kinnucan

Auburn University ( email )

415 West Magnolia Avenue
Auburn, AL 36849
United States

Øystein Myrland

affiliation not provided to SSRN

No Address Available

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