Factors Affecting Local Prices of Shrimp Landings

Factors Affecting Local Prices of Shrimp Landings

Variation in the species and size composition of local and regional shrimp landings in uncertain and sometimes volatile ex-vessel prices paid to fishermen. A seemingly unrelated regressions price-modeling framework was used to forecast contemporaneous price effects of the composition of shrimp landi...

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Bibliographic Details
Published in:Marine resource economics Vol. 6; no. 2; pp. 163 - 172
Main Authors: HOUSTON, JACK E., NIETO, AMELIA E., EPPERSON, JAMES E., LI, HO-SHUI, LEWIS, GEORGE W.
Format: Journal Article
Language:English
Published: Taylor & Francis 01-01-1989
Subjects:
Fishers
Fishery economics
Gulfs
Import prices
Imports
Marine
Market prices
Ocean fisheries
Penaeidae
Real prices
Shrimp
Supply
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Summary:Variation in the species and size composition of local and regional shrimp landings in uncertain and sometimes volatile ex-vessel prices paid to fishermen. A seemingly unrelated regressions price-modeling framework was used to forecast contemporaneous price effects of the composition of shrimp landings in closely associated market regions. Price responses to U.S. regional shrimp landings and to imports were significantly related to differentiated markets by species and location. Regional consumer income impacts on average ex-vessel prices for each species were also significantly different. Implications of shrimp price response differences in related local markets are also discussed.
Bibliography:ObjectType-Article-1
SourceType-Scholarly Journals-1
ObjectType-Feature-2
content type line 23
ISSN:0738-1360
2334-5985
DOI:10.1086/mre.6.2.42629014