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Fish Cycles: A Harmonic Analysis

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  • Frederick V. Waugh
  • Morton M. Miller

Abstract

The landings and prices of many species of fish exhibit rather regular cyclical movements. The paper uses traditional methods of harmonic analysis to measure the lengths and amplitudes of landings and price cycles for cod, haddock, and blackback flounder landed at specific New England ports. Also discussed, briefly, is the periodicity of the total U. S. catch of all food fish. Findings demonstrate the occurrence of pronounced seasonal (12-month) cycles, as well as cycles of several years' duration. The authors stress the value of cyclical analysis as a forecasting device and as an aid to understanding the nature of demand for fishery products.

Suggested Citation

  • Frederick V. Waugh & Morton M. Miller, 1970. "Fish Cycles: A Harmonic Analysis," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 52(3), pages 422-430.
  • Handle: RePEc:oup:ajagec:v:52:y:1970:i:3:p:422-430.
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    File URL: http://hdl.handle.net/10.2307/1237394
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    Cited by:

    1. Van Tassell, Larry W. & Whipple, Glen D., 1994. "The Cyclical Nature Of The U.S. Sheep Industry," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 19(2), pages 1-13, December.
    2. F. Kuchler & M. Bowman & M. Sweitzer & C. Greene, 2020. "Evidence from Retail Food Markets That Consumers Are Confused by Natural and Organic Food Labels," Journal of Consumer Policy, Springer, vol. 43(2), pages 379-395, June.

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