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The Impact of Groundfish Imports on the United States Fishing Industry: An Empirical Analysis
Author(s) -
Crutchfield S. R.
Publication year - 1985
Publication title -
canadian journal of agricultural economics/revue canadienne d'agroeconomie
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.505
H-Index - 37
eISSN - 1744-7976
pISSN - 0008-3976
DOI - 10.1111/j.1744-7976.1985.tb02048.x
Subject(s) - groundfish , fishing , economics , business , international trade , economic impact analysis , fishing industry , fish <actinopterygii> , econometric model , econometric analysis , international economics , fishery , agricultural economics , macroeconomics , econometrics , fisheries management , microeconomics , biology
This paper presents an economic analysis of the issue of United States‐Canadian groundfish trade. Using an econometric model the parameters of consumer demand for United States domestic and imported groundfish products are estimated. The model is then used to evaluate the potential impact of countervailing duties leveled against imported fish products. It is found that while such duties would likely increase consumer prices for fish in the United States the fisherman's prices would not increase proportionately. The net protective effect to the United States harvesting sector of such tariffs thus seems minimal.