ALLOCATION OF FISH BETWEEN MARKETS AND PRODUCT FORMS
In this paper, we investigate the suppliers' allocation decisions between different product forms and markets using supply equations derived from a translog revenue function. This is of interest based on the hypothesis that fish processors and importers respond to changes in relative prices, di...
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ftagecon:oai:ageconsearch.umn.edu:28083 2023-05-15T16:49:30+02:00 ALLOCATION OF FISH BETWEEN MARKETS AND PRODUCT FORMS Asche, Frank Hannesson, Rognvaldur 2002 14 application/pdf http://purl.umn.edu/28083 English en eng AgEcon Search Marine Resource Economics>Volume 17, Number 3, 2002 15106 http://purl.umn.edu/28083 Resource /Energy Economics and Policy Journal Article 2002 ftagecon 2012-09-12T16:24:39Z In this paper, we investigate the suppliers' allocation decisions between different product forms and markets using supply equations derived from a translog revenue function. This is of interest based on the hypothesis that fish processors and importers respond to changes in relative prices, diverting more fish into products or to markets where the price has risen. This can also at least partially explain the strong degree of correlation between prices of different product forms and markets that is observed in many seafood markets. An empirical analysis is carried out for cod for three main producers, Canada, Iceland, and Norway. The supply of cod exhibits substantial variation, and it is processed into a number of product forms. How the landings are allocated between product forms is then of substantial interest in itself, but also with respect to the influence of new species in the whitefish market, like pollock. Article in Journal/Newspaper Iceland AgEcon Search - Research in Agricultural & Applied Economics Canada Norway |
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AgEcon Search - Research in Agricultural & Applied Economics |
op_collection_id |
ftagecon |
language |
English |
topic |
Resource /Energy Economics and Policy |
spellingShingle |
Resource /Energy Economics and Policy Asche, Frank Hannesson, Rognvaldur ALLOCATION OF FISH BETWEEN MARKETS AND PRODUCT FORMS |
topic_facet |
Resource /Energy Economics and Policy |
description |
In this paper, we investigate the suppliers' allocation decisions between different product forms and markets using supply equations derived from a translog revenue function. This is of interest based on the hypothesis that fish processors and importers respond to changes in relative prices, diverting more fish into products or to markets where the price has risen. This can also at least partially explain the strong degree of correlation between prices of different product forms and markets that is observed in many seafood markets. An empirical analysis is carried out for cod for three main producers, Canada, Iceland, and Norway. The supply of cod exhibits substantial variation, and it is processed into a number of product forms. How the landings are allocated between product forms is then of substantial interest in itself, but also with respect to the influence of new species in the whitefish market, like pollock. |
format |
Article in Journal/Newspaper |
author |
Asche, Frank Hannesson, Rognvaldur |
author_facet |
Asche, Frank Hannesson, Rognvaldur |
author_sort |
Asche, Frank |
title |
ALLOCATION OF FISH BETWEEN MARKETS AND PRODUCT FORMS |
title_short |
ALLOCATION OF FISH BETWEEN MARKETS AND PRODUCT FORMS |
title_full |
ALLOCATION OF FISH BETWEEN MARKETS AND PRODUCT FORMS |
title_fullStr |
ALLOCATION OF FISH BETWEEN MARKETS AND PRODUCT FORMS |
title_full_unstemmed |
ALLOCATION OF FISH BETWEEN MARKETS AND PRODUCT FORMS |
title_sort |
allocation of fish between markets and product forms |
publisher |
AgEcon Search |
publishDate |
2002 |
url |
http://purl.umn.edu/28083 |
geographic |
Canada Norway |
geographic_facet |
Canada Norway |
genre |
Iceland |
genre_facet |
Iceland |
op_relation |
Marine Resource Economics>Volume 17, Number 3, 2002 15106 http://purl.umn.edu/28083 |
_version_ |
1766039630993424384 |