The study identifies the linkage between imports and the domestic price of crawfish. The results show a simultaneous increase in imports and domestic prices of crawfish while showing a negative relationship between domestic landings and price. Each model shows that there is a seasonality effect on the domestic price of crawfish. The study also shows that increases in the domestic supplies of shrimp, tilapia, and clams generated increases in the domestic crawfish price, while increases in imported and domestic supplies of beef and imported supplies of pork decreased the domestic crawfish price.
Publication Source (Journal or Book title)
Aquaculture Economics and Management
Kennedy, P., & Lee, Y. (2008). Determining the impact of crawfish imports on U.S. domestic prices. Aquaculture Economics and Management, 176-187. https://doi.org/10.1080/13657300802306095