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Demand Analysis for Shrimp in the United States


  • Zhou, Xia (Vivian)
  • Shaik, Saleem


This paper analyzes the demand for shrimp along with beef, pork, and chicken in the US food market, which contributes much to predicting supply strategies, consumer preferences and policy making. It focuses on the own and cross relationship between the expenditure share and price, income changes. An Almost Ideal Demand System (AIDs) model and two alternative specifications are used to estimate a system of expenditure share equations for shrimp, beef, pork, and chicken. Empirical results indicated that some insignificant slope coefficients and inappropriate signs of them did not comply with microeconomic theory. This could be caused by heteroscedasticity, autocorrelation, a limitation in the data used, or shrimp is a commodity that is quite different.

Suggested Citation

  • Zhou, Xia (Vivian) & Shaik, Saleem, 2008. "Demand Analysis for Shrimp in the United States," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6524, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea08:6524

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    References listed on IDEAS

    1. Douglas Fisher & Adrian R. Fleissig & Apostolos Serletis, 2006. "An Empirical Comparison of Flexible Demand System Functional Forms," World Scientific Book Chapters,in: Money And The Economy, chapter 13, pages 247-277 World Scientific Publishing Co. Pte. Ltd..
    2. Adams, Charles M. & Prochaska, Fred J. & Spreen, Thomas H., 1987. "Price Determination In The U.S. Shrimp Market," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 19(02), December.
    3. Heien, Dale & Pompelli, Greg, 1988. "The Demand For Beef Products: Cross-Section Estimation Of Demographic And Economic Effects," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 13(01), July.
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    Cited by:

    1. Nakakeeto, Gertrude & Chidmi, Benaissa, 2016. "An Almost Ideal Demand Estimation for Seafood in Texas," 2016 Annual Meeting, February 6-9, 2016, San Antonio, Texas 230142, Southern Agricultural Economics Association.

    More about this item


    expenditure share; own and cross relationship; Almost Ideal Demand System (AIDs); heteroscedasticity; and autocorrelation; Demand and Price Analysis;

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