Record Details
Field | Value |
---|---|
Title | Structural Breaks in the European and US Market for Salmon |
Names |
Vassdal, Terje
(creator) Sirnes, Espen (creator) |
Date Issued | 2001 (iso8601) |
Abstract | 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 this time. A test for cointegration suggests that there is a long term relationship between prices of salmon in the EU and US before and after the break. A Chow test reveals that that there is a distinct structural break in May 1997. The study can and will be improved in subsequent studies by using better tests for cointegration. |
Genre | Research Paper |
Topic | Fisheries Economics |
Identifier | Vassdal, T. & E. Sirnes. Structural Breaks in the European and US Market for Salmon. In: Microbehavior and Macroresults: Proceedings of the Tenth Biennial Conference of the International Institute ofFisheries Economics and Trade, July 10-14, 2000, Corvallis, Oregon, USA.Compiled by Richard S. Johnston and Ann L. Shriver. InternationalInstitute of Fisheries Economics and Trade (IIFET), Corvallis, 2001. |