Linear Approximate Almost Ideal Demand System for the United States of America Import of Frozen Shrimp with Particular Reference to Thailand Public Deposited

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  • Linear approximate almost ideal demand system was employed to estimate demand for Thai frozen shrimp in the United States of America, the main importing country for Thai frozen shrimp. Import demands for the same products from Bangladesh, China, Ecuador, India, Indonesia, Mexico, and Vietnam were simultaneously estimated to compare with the import demands from Thailand. Three major frozen shrimp imports including large shell-on, medium shell-on and peeled frozen shrimp were included in this study. Results of the estimated demand functions indicated that the competitors of Thai large shell-on frozen shrimp in the United States market were India and Ecuador. For medium shell-on frozen shrimp, Thailand had to compete with India, Indonesia, Vietnam, Ecuador and Bangladesh. Competitors for Thai peeled frozen shrimp in the United States were Bangladesh, Indonesia, India, Vietnam and Ecuador. Owned price elasticites and income elasticites of demand for Thai frozen shrimp in the United States market were relatively higher that those of the competitors. To maintain Thai frozen shrimp market share in the United States market, product quality should be the key issue.
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  • Chidhamon, Prachid and Ruangrai Tokrisna. 2006. Linear Approximate Almost Ideal Demand System for the United States of America Import of Frozen Shrimp with Particular Reference to Thailand. In: Proceedings of the Thirteenth Biennial Conference of the International Institute of Fisheries Economics & Trade, July 11-14, 2006, Portsmouth, UK: Rebuilding Fisheries in an Uncertain Environment. Compiled by Ann L. Shriver. International Institute of Fisheries Economics & Trade, Corvallis, Oregon, USA, 2006. CD ROM. ISBN 0-9763432-3-1
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