Skip to main content Accessibility help
×
Home

The Impact of Catfish Imports on the U.S. Wholesale and Farm Sectors

  • Andrew Muhammad (a1), Sammy J. Neal (a2), Terrill R. Hanson (a3) and Keithly G. Jones (a4)

Abstract

The primary objective of this study was to assess the impact of catfish imports and tariffs on the U.S. catfish industry, with particular focus on the U.S. International Trade Commission ruling on Vietnam in 2003. Given the importance of Vietnam to the U.S. catfish market, it was assumed that catfish import prices would increase by 35 percent if the maximum tariff was imposed on catfish from Vietnam. With the tariff, domestic catfish prices at the wholesale level would increase by $0.06 per lb, and farm prices by $0.03 per lb. Processor sales would increase by 1.66 percent. Total welfare at the wholesale level would increase from $69.2 million to $71.7 million, an increase of about 3.63 percent, and processor and farm revenue would increase by 4.4 percent and 5.8 percent, respectively. These results represent the greatest possible benefit and suggest modest gains for the U.S. catfish industry.

Copyright

References

Hide All
Brambilla, I., Porto, G., and Tarozzi, A. 2009. “Adjusting to Trade-Policy Changes in Export Markets: Evidence from U.S. Antidumping Duties on Vietnamese Catfish.” World Bank Policy Research Working Paper Series No. 4990, World Bank, Washington, D.C.
Crutchfield, S.R. 1985. “An Econometric Model of the Market for New England Groundfish.Northeastern Journal of Agricultural and Resource Economics 14(2): 128143.
Federal Register. 2003. “Notice of Antidumping Duty Order: Certain Frozen Fish Fillets from the Socialist Republic of Vietnam.Federal Register 68(155): 4790947910.
Green, W.H. 1997. Econometric Analysis (3rd edition). Upper Saddle River, NJ: Prentice Hall.
Green, W.H. 2008. Econometric Analysis (6th edition). Upper Saddle River, NJ: Prentice Hall.
Hanson, T.R., and Sites, D. 2009. “2008 Catfish Database.” Information Report No. 2009-01, Department of Agricultural Economics, Mississippi State University, Mississippi State, MS. Available at http://www.aces.edu/dept/fisheries/aquaculture/catfish-database/catfísh-2008.php (accessed May 10, 2009).
Johnston, J. 1984. Econometric Methods (3rd edition). New York: McGraw-Hill Book Company.
Kinnucan, H.W. 2003. “Futility of Targeted Fish Tariffs and an Alternative.Marine Resources Economics 18(3): 211224.
Kinnucan, H.W., and Miao, Y. 1999. “Media-Specific Returns to Generic Advertising: The Case of Catfish.Agribusiness: An International Journal 15(1): 8199.
Kinnucan, H.W., and Myrland, Ø. 2006. “The Effectiveness of Antidumping Measures: Some Evidence for Farmed Atlantic Salmon.Journal of Agricultural Economics 57(3): 459477.
Kinnucan, H., Sindelar, S., Wineholt, D., and Hatch, U. 1988. “Processor Demand and Price-Markup Functions for Catfish: A Disaggregated Analysis with Implications for the Off-Flavor Problem.Southern Journal of Agricultural Economics 20(2): 8192.
Kinnucan, H.W., and Thomas, M. 1997. “Optimal Media Allocation Decisions for Generic Advertising.Journal of Agricultural Economics 48(3): 425441.
Ligeon, C., Jolly, C.M., and Jackson, J.D. 1996. “Evaluation of the Possible Threat of NAFTA on U.S. Catfish Industry Using a Traditional Import Demand Function.Journal of Food Distribution Research 27(2): 3341.
Marsh, J.M. 2003. “Impacts of Declining U.S. Retail Beef Demand on Farm-Level Beef Prices and Production.American Journal of Agricultural Economics 85(4): 902913.
Marsh, J.M. 2007. “Cross-Sector Relationships between the Corn Feed Grains and Livestock and Poultry Economics.Journal of Agricultural and Resources Economics 32(1): 93114.
Martin, M.F. 2009. “U.S.-Vietnam Economic and Trade Relations: Issues for the 111th Congress.” Congressional Research Service Report No. R40755, Washington, D.C.
Muhammad, A., and Jones, K.G. 2009. “An Assessment of Dynamic Behavior in the U.S. Catfish Market: An Application of the Generalized Dynamic Rotterdam Model.Journal of Agricultural and Applied Economics 41(4): 745759.
Norman-López, A., and Asche, F. 2008. “Competition between Imported Tilapia and US Catfish in the US Market.Marine Resource Economics 23(2): 199214.
Quagrainie, K.K., and Engle, C.R. 2002. “Analysis of Catfish Pricing and Market Dynamics: The Role of Imported Catfish.Journal of the World Aquaculture Society 33(4): 389397.
Stoler, A. 2003. “Treatment of China as a Non-Market Economy: Implications for Antidumping and Countervailing Measures and Impact on Chinese Company Operations in the WTO Framework.” Presentation at the Shanghai WTO Affairs Consultation Center in December 2003. Available at http://www.iit.adelaide.edu.au/docs/Shanghai%20Speech.pdf (accessed January 17, 2009).
Torbjørn, L. 2009. “The Salmon-Agreement between Norway and the European Union—A Welfare Economic Analysis.The International Trade Journal 23(1): 430.
Traesupap, S., Matsuda, Y., and Shima, H. 1999. “An Econometric Estimation of Japanese Shrimp Supply and Demand During the 1990s.Aquaculture Economics and Management 3(3): 215221.
U.S. Department of Commerce. 2003. “Final Determination in the Antidumping Duty Investigation of Certain Frozen Fish Fillets from Vietnam.Fact Sheet, U.S. Department of Commerce, Washington, D.C. Available at www.ita.doc.gov/media/FactSheet/0603/catfish_final_061703.html (accessed on June 24, 2008).
U.S. International Trade Commission (ITC). 2003. “Certain Frozen Fish Fillets from Vietnam.” Publication No. 3617, ITC, Washington, D.C.
USITC [see U.S. International Trade Commission].
Zidack, W., Kinnucan, H.W., and Hatch, U. 1992. “Wholesaleand Farm-Level Impacts of Generic Advertising: The Case of Catfish.Applied Economics 24(9): 959968.

Keywords

The Impact of Catfish Imports on the U.S. Wholesale and Farm Sectors

  • Andrew Muhammad (a1), Sammy J. Neal (a2), Terrill R. Hanson (a3) and Keithly G. Jones (a4)

Metrics

Full text views

Total number of HTML views: 0
Total number of PDF views: 0 *
Loading metrics...

Abstract views

Total abstract views: 0 *
Loading metrics...

* Views captured on Cambridge Core between <date>. This data will be updated every 24 hours.

Usage data cannot currently be displayed