U.S. Demand for Source–Differentiated Shrimp: A Differential Approach

Keithly Jones, David J. Harvey, William Hahn () and Andrew Muhammad

Journal of Agricultural and Applied Economics, 2008, vol. 40, issue 2, 609-621

Abstract: Estimates of price and scale elasticities for U.S. consumed shrimp are derived using aggregate shrimp data differentiated by source country. Own-price elasticities for all countries had the expected negative signs, were statistically significant, and inelastic. The scale elasticities for all countries were positive and statistically significant at the 1% level with only the United States and Ecuador having scale elasticities of less than one. For the most part, the compensated demand effects showed that most of the cross-price effects were positive. Our results also suggest that despite the countervailing duties imposed by the United States, shrimp demand was fairly stable.

Date: 2008
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