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13 October 2014 The Bumpy Road of Demand Growth—An Application to Atlantic Salmon
Eivind Hestvik Brækkan, Sverre Braathen Thyholdt
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Abstract

We measure demand growth for all salmon-importing regions of the world using an index approach for the 2002–2011 period. Our results demonstrate that there are substantial variations in demand growth by region and over time. Russia and Brazil exhibit the highest demand growth, with average annual growth rates of approximately 20%. More established markets, such as the United States and Japan, demonstrate the lowest annual demand growth, at approximately 3%. During the sample period, the average annual rate of aggregated global demand growth is approximately 9%, whereas total global demand growth is approximately 94%.

JEL Codes: D12, Q22.

© 2014 MRE Foundation, Inc. All rights reserved.
Eivind Hestvik Brækkan and Sverre Braathen Thyholdt "The Bumpy Road of Demand Growth—An Application to Atlantic Salmon," Marine Resource Economics 29(4), 339-350, (13 October 2014). https://doi.org/10.1086/678927
Received: 2 November 2013; Accepted: 1 July 2014; Published: 13 October 2014
JOURNAL ARTICLE
12 PAGES

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KEYWORDS
Aquaculture economics
market analysis
seafood markets
unstable demand growth
worldwide
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