Are Prices or Biology Driving the Short-Term Supply of Farmed Salmon?

The short-term relationships between the supply of farmed salmon and its market and biological determinants are not fully understood. In this article an econometric model of salmon supply is estimated exploiting monthly data on Norwegian salmon aquaculture. Our estimates indicate that supply has shi...

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Bibliographic Details
Main Authors: Asheim, Leif Jarle, Dahl, Roy Endre, Kumbhakar, Subal C., Oglend, Atle, Tveteras, Ragnar
Format: Article in Journal/Newspaper
Language:English
Published: 2011
Subjects:
Atlantic salmon
supply
biomass
innovation
Food Consumption/Nutrition/Food Safety
International Relations/Trade
Production Economics
Research and Development/Tech Change/Emerging Technologies
Research Methods/ Statistical Methods
D22
Q11
Q22
Online Access:http://purl.umn.edu/133346
id ftagecon:oai:ageconsearch.umn.edu:133346
record_format openpolar
spelling ftagecon:oai:ageconsearch.umn.edu:133346 2023-05-15T15:31:57+02:00 Are Prices or Biology Driving the Short-Term Supply of Farmed Salmon? Asheim, Leif Jarle Dahl, Roy Endre Kumbhakar, Subal C. Oglend, Atle Tveteras, Ragnar 2011-12 15 http://purl.umn.edu/133346 en_US eng Marine Resource Economics>Volume 26, Number 4, 2011 Marine Resource Economics Vol. 26 No. 4 ISSN 0738-1360 http://purl.umn.edu/133346 Atlantic salmon supply biomass innovation Food Consumption/Nutrition/Food Safety International Relations/Trade Production Economics Research and Development/Tech Change/Emerging Technologies Research Methods/ Statistical Methods D22 Q11 Q22 Article 2011 ftagecon 2012-09-15T23:20:27Z The short-term relationships between the supply of farmed salmon and its market and biological determinants are not fully understood. In this article an econometric model of salmon supply is estimated exploiting monthly data on Norwegian salmon aquaculture. Our estimates indicate that supply has shifted over time due to innovations in several areas. We find that the price of farmed salmon has a limited effect on supplied quantity, giving a highly inelastic short-run supply elasticity. The biomass and seasonal factors are the main determinants of shifts in salmon supply in the short term. Article in Journal/Newspaper Atlantic salmon AgEcon Search - Research in Agricultural & Applied Economics
institution Open Polar
collection AgEcon Search - Research in Agricultural & Applied Economics
op_collection_id ftagecon
language English
topic Atlantic salmon
supply
biomass
innovation
Food Consumption/Nutrition/Food Safety
International Relations/Trade
Production Economics
Research and Development/Tech Change/Emerging Technologies
Research Methods/ Statistical Methods
D22
Q11
Q22
spellingShingle Atlantic salmon
supply
biomass
innovation
Food Consumption/Nutrition/Food Safety
International Relations/Trade
Production Economics
Research and Development/Tech Change/Emerging Technologies
Research Methods/ Statistical Methods
D22
Q11
Q22
Asheim, Leif Jarle
Dahl, Roy Endre
Kumbhakar, Subal C.
Oglend, Atle
Tveteras, Ragnar
Are Prices or Biology Driving the Short-Term Supply of Farmed Salmon?
topic_facet Atlantic salmon
supply
biomass
innovation
Food Consumption/Nutrition/Food Safety
International Relations/Trade
Production Economics
Research and Development/Tech Change/Emerging Technologies
Research Methods/ Statistical Methods
D22
Q11
Q22
description The short-term relationships between the supply of farmed salmon and its market and biological determinants are not fully understood. In this article an econometric model of salmon supply is estimated exploiting monthly data on Norwegian salmon aquaculture. Our estimates indicate that supply has shifted over time due to innovations in several areas. We find that the price of farmed salmon has a limited effect on supplied quantity, giving a highly inelastic short-run supply elasticity. The biomass and seasonal factors are the main determinants of shifts in salmon supply in the short term.
format Article in Journal/Newspaper
author Asheim, Leif Jarle
Dahl, Roy Endre
Kumbhakar, Subal C.
Oglend, Atle
Tveteras, Ragnar
author_facet Asheim, Leif Jarle
Dahl, Roy Endre
Kumbhakar, Subal C.
Oglend, Atle
Tveteras, Ragnar
author_sort Asheim, Leif Jarle
title Are Prices or Biology Driving the Short-Term Supply of Farmed Salmon?
title_short Are Prices or Biology Driving the Short-Term Supply of Farmed Salmon?
title_full Are Prices or Biology Driving the Short-Term Supply of Farmed Salmon?
title_fullStr Are Prices or Biology Driving the Short-Term Supply of Farmed Salmon?
title_full_unstemmed Are Prices or Biology Driving the Short-Term Supply of Farmed Salmon?
title_sort are prices or biology driving the short-term supply of farmed salmon?
publishDate 2011
url http://purl.umn.edu/133346
genre Atlantic salmon
genre_facet Atlantic salmon
op_relation Marine Resource Economics>Volume 26, Number 4, 2011
Marine Resource Economics
Vol. 26 No. 4
ISSN 0738-1360
http://purl.umn.edu/133346
_version_ 1766362441489317888

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