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

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  • Jones, Keithly G.
  • Harvey, David J.
  • Hahn, William F.
  • Muhammad, Andrew

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.

Suggested Citation

  • Jones, Keithly G. & Harvey, David J. & Hahn, William F. & Muhammad, Andrew, 2008. "U.S. Demand for Source–Differentiated Shrimp: A Differential Approach," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 40(2), pages 1-13, August.
    • Handle: RePEc:ags:joaaec:47202
    DOI: 10.22004/ag.econ.47202
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    1. Fred Kuchler & Barry Krissoff & David Harvey, 2010. "Do Consumers Respond to Country-of-Origin Labelling?," Journal of Consumer Policy, Springer, vol. 33(4), pages 323-337, December.
    2. Wang, Xiaojin & Reed, Michael, 2014. "Estimation of U.S. Demand for Imported Shrimp by Country: A Two-stage Differential Production Approach," 2014 Annual Meeting, February 1-4, 2014, Dallas, Texas 162459, Southern Agricultural Economics Association.
    3. Donatella Baiardi & Riccardo Puglisi & Simona Scabrosetti, 2012. "Individual Attitudes on Food Quality and Safety: Empirical Evidence on EU Countries," DEM Working Papers Series 014, University of Pavia, Department of Economics and Management.
    4. Walters, Lurleen M. & Harvey, David & Jones, Keithly G., 2015. "To Have or Not to Have the Common External Tariff: The CARICOM Countries Conundrum," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 18(A), pages 1-18, July.
    5. Yadavalli, Anita & Jones, Keithly, 2014. "Does media influence consumer demand? The case of lean finely textured beef in the United States," Food Policy, Elsevier, vol. 49(P1), pages 219-227.
    6. Nakakeeto, Gertrude & Chidmi, Benaissa, 2016. "An Almost Ideal Demand Estimation for Seafood in Texas," 2016 Annual Meeting, February 6-9, 2016, San Antonio, Texas 230142, Southern Agricultural Economics Association.

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