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The effect of trade liberation on the salmon market in Finland

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  • The fish markets in Finland were formerly protected from international competition. The markets were gradually opened to free competition in the 1990s due to the EEA agreement and EU membership. As a consequence, the importation of fresh salmon from Norway rapidly increased, and imported salmon captured the markets from domestic salmon trout and wild salmon. In this study we use price series data and apply co-integration techniques to analyse how the trade liberation affected salmon markets in Finland. The study reveals that the price of imported salmon determines the price of wild salmon and that it also had a clear effect on the price of salmon trout.
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  • Setala, Jari, Per Mickwitz, Jarno Virtanen, Asmo Honkanen, Kaija Saarni. 2002. The effect of trade liberation on the salmon market in Finland. Peer Review: No. In: Proceedings of the Eleventh Biennial Conference of the International Institute of Fisheries Economics and Trade, August 19-22, 2002, Wellington, New Zealand: Fisheries in the Global Economy. Compiled by Ann L. Shriver. International Institute of Fisheries Economics & Trade, Corvallis, Oregon, USA, 2002. CD ROM.
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