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Evaluation Of The Possible Threat Of Nafta On U.S. Catfish Industry Using A Traditional Import Demand Function

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  • Ligeon, Carel
  • Jolly, Curtis M.
  • Jackson, John D.

Abstract

The effects of increased exports from NAFTA member countries on the U.S. domestic catfish industry were evaluated. Results showed that the quantity of catfish imported will fall if the domestic price of catfish falls relative to the import price. Past imports have no effect on present imports. The income elasticity was negative indicating that imported catfish may be an inferior good. Doubling present levels of imports from NAFTA member countries is not a threat to the U.S. catfish industry.

Suggested Citation

  • Ligeon, Carel & Jolly, Curtis M. & Jackson, John D., 1996. "Evaluation Of The Possible Threat Of Nafta On U.S. Catfish Industry Using A Traditional Import Demand Function," Journal of Food Distribution Research, Food Distribution Research Society, vol. 27(2), pages 1-9, July.
  • Handle: RePEc:ags:jlofdr:27066
    DOI: 10.22004/ag.econ.27066
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    References listed on IDEAS

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    1. Boylan, T. A. & Cuddy, M. P. & O'Muircheartaigh, I., 1980. "The functional form of the aggregate import demand equation : A comparison of three European economies," Journal of International Economics, Elsevier, vol. 10(4), pages 561-566, November.
    2. Lynn E. Dellenbarger & E. Jane Luzar & Alvin R. Schupp, 1988. "Household demand for catfish in Louisiana," Agribusiness, John Wiley & Sons, Ltd., vol. 4(5), pages 493-501.
    3. Asseery, A. & Peel, D. A., 1991. "Estimates of a traditional aggregate import demand model for five countries," Economics Letters, Elsevier, vol. 35(4), pages 435-439, April.
    4. Kinnucan, Henry W. & Sindelar, Scott & Wineholt, David & Hatch, L. Upton, 1988. "Processor Demand And Price-Markup Functions For Catfish: A Disaggregated Analysis With Implications For The Off-Flavor Problem," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 20(2), pages 1-12, December.
    5. Amemiya, Takeshi, 1980. "Selection of Regressors," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 21(2), pages 331-354, June.
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    Cited by:

    1. Wang, Xiaojin & Reed, Michael, 2013. "Estimation of Import Demand for Fishery Products in the U.S. Using the Source-Differentiated AIDS Model," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150207, Agricultural and Applied Economics Association.
    2. Farha Fatema & Mohammad Monirul Islam, 2020. "Driving Forces of Marine Fisheries and Seafood Export of Bangladesh: Augmented Gravity Model Approach," Asian Journal of Economic Modelling, Asian Economic and Social Society, vol. 8(2), pages 106-122, June.
    3. Andrew Muhammad & Terrill R. Hanson, 2009. "The importance of product cut and form when estimating fish demand: the case of U.S. Catfish," Agribusiness, John Wiley & Sons, Ltd., vol. 25(4), pages 480-499.

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