A Study on Price Elasticity of Fishery Product Demand: Focusing on 14 Representative Fishery Products

조용준,; Ko, Seoung-gon; Cho, 조용훈 Yong-Hoon

doi:10.35412/kjcs.2008.26.1.013

thekoreanjournalofcooperativestudies

2008

DOI: 10.35412/kjcs.2008.26.1.013

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A Study on Price Elasticity of Fishery Product Demand: Focusing on 14 Representative Fishery Products

조용준 조용준¹,

Seoung-gon Ko²,

조용훈 Yong-Hoon Cho³

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Analyzing Investment Effects of Fisheries R&D Projects : A Case of NFRDI's R&D Projects

Park¹,

Kim²

2013

The Journal of Fisheries Business Administration

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This study is aimed to analyze investment effects of fisheries R&D projects of the National Fisheries Research and Development Institute(NFRDI). In the analysis, Granger causal relations between R&D investment and fisheries production are tested. In addition, time-lag effects of fisheries R&D investment are estimated with an impulse response analysis and investment effects of R&D projects are estimated by changes of social surplus.Results indicate that there exists an Granger-causality between R&D investment and fisheries production and fisheries production responds to the fisheries R&D shock about three years after the initial shock. The magnitudes of the impacts increase until a peak is reached 5-7 years and the impacts decline to zero after 25 years. As investment effects, it is shown that the internal rate of returns of fisheries R&D investment is 55.2%.

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Analyzing Investment Effects of Fisheries R&D Projects : A Case of NFRDI's R&D Projects

Park¹,

Kim²

2013

The Journal of Fisheries Business Administration

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show abstract

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A Study on Price Elasticity of Fishery Product Demand: Focusing on 14 Representative Fishery Products

Cited by 1 publication

References 1 publication

Analyzing Investment Effects of Fisheries R&D Projects : A Case of NFRDI's R&D Projects

Analyzing Investment Effects of Fisheries R&D Projects : A Case of NFRDI's R&D Projects

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