Imperfect Competition and Structural Changes in the US Salmon Import Market

Xie, Jinghua; Zhang, Dengjun

doi:10.1086/678929

Cited by 19 publications

(13 citation statements)

References 41 publications

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“…This has created an integrated market for wild and farmed shrimp in Brazil, although strong seasonality in wild landings prevent the market from holding to the Law of One Price. This is in line with results from other studies on the effect of imported and/or farmed seafood such as Asche et al (2014), Hoshino et al (2015), Fernández-Polanco and Llorente (2015), Tveteras (2015) and Xie and Zhang (2014).…”

supporting

confidence: 92%

New market transaction mechanisms and productivity growth enhance aquaculture production

Fernández-Polanco

2016

Aquaculture Economics & Management

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This special issue of Aquaculture Economics & Management features five articles based on contributions to the International Association of Aquaculture Economics & Management (IAAEM) sponsored section on economics and marketing at the World Aquaculture Conference in New Orleans, Louisiana, February 19-22, 2015. The IAAEM session was conducted over 2 days with 36 presentations in the program. The presentations highlight the increased importance of aquaculture, as production and trade are expected to continue to increase. That implies that there are economic decisions to be made at all stages in the supply chain from input providers, in production, in the supply chain, and in addressing consumer preferences. This is largely reflected by the variety of topics addressed in this special issue. Although five articles in this special issue can never represent the full extent of topics and species that were covered in all presentations, they provide a fair indication of the variation when it comes to topics, but less so when it comes to species. It is worthwhile noting that, although there is an increasing focus on markets and demand, the special issue does not quite do justice to the many interesting contributions on the production side. It is also interesting to note how a number of the topics build on what was presented at Aquaculture Americas 2013 and 2014.

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supporting

confidence: 92%

New market transaction mechanisms and productivity growth enhance aquaculture production

Fernández-Polanco

2016

Aquaculture Economics & Management

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“…Despite Chile being the second-largest producer, the degree of market integration for Chilean salmon relative to the global market has not been investigated in the literature. As Chile is the main supplier to the American market, the results of Asche (2001), supported by Xie and Zhang (2014), indicate that there is some potential for segmentation. Hence, the shock caused by the disease outbreak in Chile can provide additional insights into the strength of market integration for salmon.…”

Section: Introductionmentioning

confidence: 94%

Market Shocks in Salmon Aquaculture: The Impact of the Chilean Disease Crisis

Asche

Cojocaru

Sikveland

2018

J. Agric. Appl. Econ.

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Abstract.Several studies indicate an integrated global market for salmon. However, there is increasing evidence of market segmentation for various seafood species. A disease crisis in Chile that reduced production by two-thirds provides a strong market shock that can shed light on how strongly integrated the salmon market is. Our results indicate that Chilean producers changed the product mix and export markets as a result of the disease shock. Yet, the relative prices remained constant, indicating a high degree of market integration. Moreover, Chilean prices are endogenous to the Norwegian price, indicating that prices are determined at the global market.

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“…China plays a substantial influence on the global seafood market, especially for processed seafood products . For example, although China do not produce salmon, China is currently the major supplier of fresh fillet salmon in the US 24 market only after Chile (Xie and Zhang, 2014). Thus, how to apply our methodology to salmon and other processed fish is an issue for further research.…”

Section: Discussionmentioning

confidence: 99%

How exchange rate affects Chinese processing trade? The case of ground fish

Zhang

Xie

Myrland

2017

IJARGE

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Abstract:As imports destined for primary processing and then exporting occur across industries, in this study we developed a structural model to examine how exchange rate affects the exports of processed ground fish from China. The home demand for processed goods is incorporated into the model in accordance with the fact that the share of processed goods remaining in China tends to increase over time. China is the world's largest import-processing center of ground fish. The fact that China produces almost no ground fish facilitates identifying the trade data. For exports with both foreign and domestic origins, the data issue is a big challenge for empirical studies. The simulated results indicate that a 7% appreciation of the Chinese currency would raise the export price of processed ground fish by 4.06%, corresponding to a share of 40% foreign content in the processed product. In addition, the increased share of home consumption would enlarge the responses of exports to changes in the exchange rate.2

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Imperfect Competition and Structural Changes in the US Salmon Import Market

Cited by 19 publications

References 41 publications

New market transaction mechanisms and productivity growth enhance aquaculture production

New market transaction mechanisms and productivity growth enhance aquaculture production

Market Shocks in Salmon Aquaculture: The Impact of the Chilean Disease Crisis

How exchange rate affects Chinese processing trade? The case of ground fish

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