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Effects of countervailing duty on Norwegian farmed salmon

Author

Listed:
  • Mark L. Herrmann

    (Department of Economics, University of Alaska-Fairbanks)

  • Biing-Hwan Lin

    (Department of Agricultural Economics and Rural Sociology, University of Idaho)

  • Ron C. Mittelhammer

    (Department of Agricultural Economics, Washington State University)

Abstract

The recent plunge in the price of Norwegian farmed Atlantic salmon provoked salmon farmers in the United States, Scotland, and Ireland to file dumping litigations against Norway. A dynamic econometric model was constructed to depict the world salmon market and was used to simulate the impacts of a countervailing duty levied on Norwegian farmed salmon. Four different combinations of countervailing tariffs levied in the United States and the European Economic Community are examined. Future profitability of US salmon farming is found to depend on the joint determination of the dumping litigations against Norway in the United States and the European Economic Community. The Pacific salmon capture fishery is likely to be adversely affected if the European Economic Community imposes a larger countervailing tariff than the United States.

Suggested Citation

  • Mark L. Herrmann & Biing-Hwan Lin & Ron C. Mittelhammer, 1991. "Effects of countervailing duty on Norwegian farmed salmon," Agribusiness, John Wiley & Sons, Ltd., vol. 7(4), pages 339-355.
    • Handle: RePEc:wly:agribz:v:7:y:1991:i:4:p:339-355
    DOI: 10.1002/1520-6297(199107)7:4<339::AID-AGR2720070404>3.0.CO;2-I
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    References listed on IDEAS

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    1. Biing-Hwan Lin & Mark Herrmann & Tsae-Yun Lin & Ron C. Mittelhammer, 1989. "Forecasting the price of farmed Atlantic salmon: An integrated econometric and time series approach," Agribusiness, John Wiley & Sons, Ltd., vol. 5(5), pages 477-488.
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    2. Lin, Biing-Hwan & Herrmann, Mark & Lin, Tsae-Yun & Mittelhammer, Ron C., 1989. "Future Price Of Farmed Atlantic Salmon," 1989 Annual Meeting, July 30-August 2, Baton Rouge, Louisiana 270470, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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