Generic Promotion of Norwegian Whitefish Exports

The apparent conflict of Norwegian pelagic fisheries management and Norwegian seafood council export promotion

“…The result is a dynamic long-run elasticity of 0.100. with the range of elasticities reported for U.S. agricultural export promotion programs (Williams et al, 2016). They are also consistent with elasticities reported for NSC whitefish export promotion (0.024 in the short-run and 0.079 over the long-run) (Williams and Capps, 2020b). The long-run herring export promotion elasticity also is consistent with the range of corresponding estimates reported for NSC salmon promotion (0.0133 (Xie et al, 2009) to 0.059 (Myrland and Kinnucan, 2000) but lower than reported for NSC seafood promotion (0.1558 (Williams and Capps, 2020c)).…”

“…The price and income elasticities of Norwegian herring export demand were estimated to be -0.58 and 0.24, respectively (Table 1). These estimates compare favorably to those reported for Norwegian whitefish export demand (-0.31 and 0.25, respectively) (Williams and Capps, 2020b). Seasonality also was evident according to the econometric results.…”

“…Kaiser, 2015;Kinnucan and Myrland, 2000, 2001, 2002, 2006Myrland and Kinnucan, 2000;Xie, 2008Xie, , 2015Xie et al, 2009). Williams and Capps (2020b) concluded that NSC whitefish export promotion boosted Norwegian whitefish export price by more than volume (6 and 2%, respectively) resulting in a promotion BCR of 5.9. For the overall NSC seafood export promotion program, Williams and Capps (2020b) find slightly higher export volume and price effects (4 and 10%, respectively) and a higher promotion BCR than for whitefish of about 12 to 13.…”

“…Two econometric representations of Equation 1 were developed in which the dependent variables were, respectively, the export demands for Norwegian herring (aggregated over spring-spawn and North Sea herring) and Norwegian mackerel over 2003 through 2018. The specification of each equation follows that of Kaiser (2015), Williams and Capps (2020b), and Williams et al (2016). The monthly export unit values of Norwegian exports of herring and mackerel are the export price variables (NPP) in their respective equations.…”

“…The annual catch of herring since 2006 is just about equal to the national quota and nearly all of the annual catch of mackerel is exported each year (Figures 3 and 4). Following the work of Williams and Capps (2020b), the simulation analysis that follows assumes export supply elasticities of 0.5 for species. The results for a range of alternative export supply elasticities are presented by way of comparison and to provide insights on the economic consequences for both pelagic fish industries of more or less effective export supply controls under their respective fishery management systems.…”