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Substitute and complement relations among various fish species in the Japanese market: implications for fishery resource management
Authors:Yutaro Sakai  Nobuyuki Yagi  Masahiko Ariji  Atsushi Takahara  Hisashi Kurokura
Institution:(1) Graduate School of Agricultural Life Science, The University of Tokyo, Bunkyo, Tokyo 113-8657, Japan;(2) Amita Institute for Sustainable Economies, Kamigyo, Kyoto-shi, Kyoto 602-8024, Japan
Abstract:A demand system analysis was conducted to examine the substitute relationships between tuna and skipjack tuna in the Japanese market. Data from the Annual Report on Family Income and Expenditure Survey from 1965 to 2006 were used for the analysis using the almost ideal demand system (AIDS). Results suggest that skipjack tuna can be a strong substitute for tuna, while other fish groups are not a clear substitute. Our analysis of substitute relationships among fish species in a market indicates that this is a factor that should be considered for better fisheries resource management. For instance, even under a situation where one fish species is underexploited, proper attention to its fishery management is necessary if the fish is a strong substitute for another popular fish species in the market.
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