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Foreign and domestic trade in canned salmon of the U.S. and Canada : the effect on the derived demand of the fishermen

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Title Foreign and domestic trade in canned salmon of the U.S. and Canada : the effect on the derived demand of the fishermen
Names Onuorah, Michael Chukwuemeka (creator)
Johnston, Richard S. (advisor)
Date Issued 1972-08-11 (iso8601)
Note Graduation date: 1973
Abstract The principal objective of the study was first to
present a historical discussion of foreign and domestic
trade in canned salmon in the United States and Canada, and
secondly, to estimate the ex-vessel derived demand characteristics
for red and pink salmon facing the fishermen in both
countries. Secondary sources were used to satisfy the first
objective. With respect to the second objective, the least
squares method was employed in the estimation of the coeffients
of the various linear equations.
With these coefficients from the demand equations,
price flexibilities were computed at the mean values of the
ex-vessel price and quantity (landings) figures (1956 to 1970
(U.S.) and 1947 to 1970 (Canada)). The statistical results
indicated that prices are rather inflexible relative to
landings. The price flexibility in the U.S. and Canada is
almost the same. In each case, a ten percent increase in
landings would tend to depress the ex-vessel prices of red
and pink salmon by a smaller percentage.
The impact of institutional change on the demand for
canned salmon was investigated. Britain in 1958 relaxed its
restrictive policy on imports of salmon. It was discovered
that such an institutional change had a significant effect on
the demand analysis of red salmon in the U.S. and Canada;
however, the effect on the demand analysis of pink salmon in
both countries was inconclusive.
Genre Thesis/Dissertation
Topic Salmon fisheries -- United States
Identifier http://hdl.handle.net/1957/25830

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