In this article, a risk-augmented differential demand system is developed to test the effects of exchange rate volatility (ERV) on trade. Applying the model to data on US imports of salmon from Chile, Canada, Norway, the United Kingdom, and Rest of World (ROW), results indicate ERV reduces...

This article examines the extent of competition in the US salmon import market using a residual demand model. The estimated residual demand elasticity is coincident with the profit margin, which depends on market demand and competitors’ supply as well as production cost. The estimation results...