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Price transmission among different Atlantic salmon products in the US import market

机译:美国进口市场中不同大西洋鲑鱼产品之间的价格传导

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摘要

The cross-commodity price transmission is an approach to derive meaningful results from the price information, and is mostly influenced by the substitutability and complementary relations among products. Using time series data collected from the National Marine Fisheries Statistics, the present study specified and estimated cross-commodity price transmission models for 13 salmon products imported in the U.S. market. The salmon products are differentiated by form, cut, source/origin, and production environment. The estimated cross-product price transmission elasticity and degree of substitutability among them varied considerably. Whole fresh farmed Canadian and Norwegian Atlantic salmon did not have any close import substitutes in the U.S. market among the salmon products considered in the study. A reduced pricing strategy would result in an increase in U.S. salmon import market share of Chilean and U.K. Atlantic fillet fresh, if the U.S. import demand for it is relatively own-price elastic.
机译:跨商品价格传递是一种从价格信息中得出有意义结果的方法,并且主要受产品之间的可替代性和互补关系的影响。本研究使用从美国国家海洋渔业统计局收集的时间序列数据,为美国市场上进口的13种鲑鱼产品指定并估算了跨商品价格传递模型。鲑鱼产品根据形状,切面,来源/产地和生产环境而有所不同。其中估计的跨产品价格传递弹性和可替代程度差异很大。在研究中考虑的鲑鱼产品中,整个新鲜养殖的加拿大和挪威大西洋鲑在美国市场上没有任何紧密的进口替代品。如果美国对鲑鱼的进口需求具有相对的自身价格弹性,那么降低的定价策略将导致美国鲑鱼在智利和英国大西洋鱼片中的进口市场份额增加。

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