In this paper we use cointegration analysis and the Law of One Price to test for proportionality between hake prices at
different stages along the value chain in the French hake market. Cointegration analysis is an appropriate means of testing for
price proportionality when price series are non-stationary, as was...
Survey data of food consumption were analyzed utilizing stepwise logistic regression to investigate factors
affecting consumer choice of shrimp as the most frequently consumed non-fish seafood in Taiwan. Demographic factors,
consumer attention to food attributes, and consumer preferences for fish were considered in modeling. Results showed more
people preferring shrimp...
A method for nesting, estimating and testing for the rank and functional form of the income terms in an incomplete system of
aggregable and integrable demand equations is derived. Information theory is applied to the problem of inferring the U.S.
income distribution using annual time series data on quintile and...
This paper considers interdependence in seafood consumption exploiting data on consumer expenditures in
Spain, using dominance models. Interdependence is modeled by making parameters in both the participation and the
consumption equations dependent upon current consumption in the reference group of a particular consumer. The estimates
of a parsimonious model using...
This paper discusses some important issues in constructing price indexes. The issues relate to
the choice of an index number formula. Which is a “good” index number formula for aggregating prices?
A variety of alternative index number formulae are explored based on the economic approach and the
axiomatic (test) approach....
Japan has about 10% and 15% share for the consumption and trade of marine products respectively, and the trend has
significant impacts on world markets. Thus the purpose of this article is to estimate the income elasticity of the demand, that
includes all kinds of fish usage such as eating...
This study investigates a possible structural break in the relationship between the price of Norwegian salmon
exported to the EU and prices of Chilean salmon exported to the US. A structural break is expected in the spring/summer
1997 because restrictions on price and quantum on Norwegian salmon was introduced at...