The Effects of Exchange Rates on Export Prices of Farmed Salmon
作者： JINGHUA XIE , HENRY W. KINNUCAN , ØYSTEIN MYRLAND
DOI: 10.1086/MRE.23.4.42629674
关键词:
摘要: The CBS inverse demand system is extended to include exchange rates. Applying the model trade data for farmed salmon, results suggest export prices are at least as sensitive changes in rates volume. Exchange rate pass-through (absorption into prices) complete Chilean peso and British pound, but incomplete Norwegian kroner US dollar. This suggests producers Chile United Kingdom (UK) more affected by short-term movements relative currency values than Norway Rest of World (ROW). Model simulations realignments, especially depreciation peso, contributed 2003-04 collapse world salmon prices.
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