Shrimp Ex-Vessel Prices Landed from the Gulf of Mexico
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A 3SLS procedure is employed to analyze U.S. Gulf of Mexico shrimp ex-vessel prices by size class and import supplies using monthly time-series data for the period from 1981 to 1995. Results indicate that the U.S. Gulf of Mexico shrimp ex-vessel prices are inflexible. Own-price flexibilities range from -0.0663 to -0.1027. Primary substitutes for U.S. Gulf of Mexico shrimp are cross-size U.S. Gulf of Mexico shrimp and imported supplies from South America. Structural changes and seasonal variations are evident for U.S. Gulf of Mexico shrimp ex-vessel prices as well as import supplies. Copyright 1998 Marine Resources Foundation Inc.
Marine Resource Economics
author list (cited authors)
GILLIG, D., CAPPS,, O., & GRIFFIN, W. L.
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GILLIG, DHAZN||CAPPS,, ORAL||GRIFFIN, WADE L