Abstract

This paper reviews recent data and information on the Central American fishery and estimates US import demand equations for fresh, chilled and frozen fish products (FCF) from the Central American Common Market (CACM) and the Caribbean Free Trade Association (CARIFTA). Econometric estimation is used to calculate the own price, income and cross price elasticities of US import demand. In general, own price and income elasticities are found to be greater than one and estimates of cross price elasticities using the price of imported cod fillets are found to be negative and less than one for the regional model.

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