This paper investigates the degree of market integration between several product forms of US wild salmon and Norwegian farmed salmon. While several studies have investigated the link between farmed salmon and fresh and/or frozen wild salmon markets, we expand the literature with the inclusion of the products canned salmon and salmon roe. Understanding how canned salmon and salmon roe are related to the broader salmon market is of importance to US fisheries, as these products are high-price exports for the United States. Our results find evidence of cointegration between the Norwegian farmed salmon market and all US salmon products. Domestic and international economic conditions, such as production technological advances within farmed salmon production, environmental challenges, and changes in trade regulations, which affect the market for farmed salmon, will hence also influence US prices of frozen and canned salmon, as well as salmon roe.

中文翻译：

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美国野生鲑鱼产品是否会受到养殖鲑鱼的影响？协整分析

本文调查了美国野生鲑鱼和挪威养殖鲑鱼的几种产品形式之间的市场整合程度。虽然有几项研究调查了养殖鲑鱼与新鲜和/或冷冻野生鲑鱼市场之间的联系，但我们扩大了文献，包括了罐装鲑鱼和鲑鱼子产品。了解罐装鲑鱼和鲑鱼子与更广泛的鲑鱼市场的关系对美国渔业非常重要，因为这些产品是美国的高价出口产品。我们的结果发现了挪威养殖鲑鱼市场与所有美国鲑鱼产品之间存在协整关系的证据。国内和国际经济状况，例如养殖鲑鱼生产中的生产技术进步、环境挑战和贸易法规的变化，