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Modeling Import Demand for Fishery Products in Japan: A Dynamic AIDS Approach
Marine Resource Economics ; 38(2):135-151, 2023.
Article in English | Academic Search Complete | ID: covidwho-2263340
ABSTRACT
A dynamic AIDS model was employed to estimate the expenditure, own-price, and cross elasticity of five major import source countries for shrimp, salmon, albacore and tuna, crab, and cuttlefish in Japan. Our findings show that COVID-19 has had no significant impact on Japan's fishery imports in the short term. The expenditure elasticities of fishery imports in Japan are greater than 1 or close to 1, implying that consumers in Japan have a relatively high dependence on fishery imports. Specifically, the expenditure elasticities of shrimp and cuttlefish imports from Vietnam, albacore and tuna imports from Australia, and crab imports from Russia are close to 1, while their own-price elasticities are the least sensitive compared with other import source countries, suggesting a greater export potential in the Japanese market. [ FROM AUTHOR] Copyright of Marine Resource Economics is the property of University of Chicago and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full . (Copyright applies to all s.)
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Full text: Available Collection: Databases of international organizations Database: Academic Search Complete Language: English Journal: Marine Resource Economics Year: 2023 Document Type: Article

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Full text: Available Collection: Databases of international organizations Database: Academic Search Complete Language: English Journal: Marine Resource Economics Year: 2023 Document Type: Article