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Estimation of U.S. Demand for Imported Shrimp by Country: A Two-stage Differential Production Approach

Xiaojin Wang and Michael Reed

No 162459, 2014 Annual Meeting, February 1-4, 2014, Dallas, Texas from Southern Agricultural Economics Association

Abstract: The demand for imported shrimp in the United States by country of origin is estimated by using the two-stage differential production method. Conditional and unconditional own/cross price elasticities are derived. We further project how countervailing duties imposition by U.S. affect source-specific shrimp imports. The results from aggregate level data show that overall the ownprice elasticities indicate that U.S. demand for imported shrimp is inelastic. U.S. total shrimp imports would experience an increase despite the countervailing duties, which may not be effective.

Keywords: Demand and Price Analysis; International Relations/Trade (search for similar items in EconPapers)
Date: 2014
New Economics Papers: this item is included in nep-int
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:saea14:162459

DOI: 10.22004/ag.econ.162459

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