Substitution and elasticity give about the history of supply and the demand structure for fish and seafood. It is also relevant to the detection of change in a particular exploited marine ecosystem. The purpose of this paper is to test if market elasticity of substitution of seafood categories can further...
The elasticity of excess demand held by foreign buyers of United States agricultural products is critical for understanding the impacts of changes in farm policy and is a parameter that is much debated. The objective of my study is to estimate this parameter for major U.S. export crops, including wheat,...