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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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    References listed on IDEAS

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    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. 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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    Keywords

    shrimp industry;

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