An Analysis of Seafood Trade Duration: The Case of ASEAN

Nhuong Van Tran · Norbert Lance Weston Wilson · Chin Yee Chan · Danh Dao

36 citations0/0 files storedMarine Resource Economics

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Global trade and economics Fisheries and Aquaculture Studies Global Trade and Competitiveness

Abstract

Trade duration analysis provides insights to the stability and length of trade. This study applies survival analysis to examine the trade duration of the Association of Southeast Asian Nations (ASEAN) seafood exports from 1996 to 2014. ASEAN seafood trade duration has a mean value of 4.42 years, which varies by product and trade partner. Frequently traded seafood products have significantly higher survival rates and longer trade durations. Increasing seafood production supports longer trade duration. Sub-Saharan African countries have the smallest mean and median seafood trade durations with ASEAN countries. Our findings suggest refining policies to increase ASEAN seafood exports. This could be accomplished through supporting sustainable seafood production growth, particularly aquaculture development; encouraging participation in international trade agreements; and implementing efficient cross-border policies to help lengthen trade duration.

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References

2006Do free trade agreements actually increase members' international trade?2011A Handbook of Transport Economics 2006Product differentiation and duration of US import trade 2014Fair Enough? Food Security and the International Trade of Seafood 2012Fish Is Food - The FAO’s Fish Price Index 2009Standards as Barriers Versus Standards as Catalysts: Assessing the Impact of HACCP Implementation on U.S. Seafood Imports 2009Die another day: duration in German import trade 2010What Explains the Low Survival Rate of Developing Country Export Flows?

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