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Shrimp Price and Quality Changes in the Asia Pacific: Implications for the Philippines

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  • Salayo, Nerissa D.

Abstract

This paper represents an attempt to begin developing the use of a set of hedonic price indexes (HPIs) that account for quality changes in the shrimp industry in the Asia Pacific. Some implications and opportunities for the Philippines are presented to provide a starting point for future research directions. In particular, this paper aims to investigate the changes in price-quality relationships through time. Such changes are determined by the three main factors, such as changes in product quality, changes in the general price level (inflation) and changes in quality-constant relative product price.

Suggested Citation

  • Salayo, Nerissa D., 2000. "Shrimp Price and Quality Changes in the Asia Pacific: Implications for the Philippines," Discussion Papers DP 2000-11, Philippine Institute for Development Studies.
    • Handle: RePEc:phd:dpaper:dp_2000-11
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    File URL: https://www.pids.gov.ph/publication/discussion-papers/shrimp-price-and-quality-changes-in-the-asia-pacific-implications-for-the-philippines
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    References listed on IDEAS

    as
    1. Tim J. Coelli & J. Lloyd‐Smith & D. Morrison & J. Thomas, 1991. "Hedonic Pricing For A Cost Benefit Analysis Of A Public Water Supply Scheme," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 35(1), pages 1-20, April.
    2. Feenstra, Robert C, 1995. "Exact Hedonic Price Indexes," The Review of Economics and Statistics, MIT Press, vol. 77(4), pages 634-653, November.
    3. Palmquist, Raymond B, 1980. "Alternative Techniques for Developing Real Estate Price Indexes," The Review of Economics and Statistics, MIT Press, vol. 62(3), pages 442-448, August.
    4. Kingston, Anthony & Battaglene, Tony & Smith, Perry & Beare, Stephen, 1991. "Changes in the Japanese seafood market," Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) Archive 316169, Australian Government, Australian Bureau of Agricultural and Resource Economics and Sciences.
    5. Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
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    shrimp industry;

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