This paper re-examines the evidence of causality and price transmission between fish prices of main species landed into Piraeus (Greece) and Cornwall (UK). To complete the analysis of cointegration and causality, we use the data of Floros and Failler (2004) and Avdelas (2004). Our paper uses the Bivariate Generalised Autoregressive...
The prices of Finnish salmon and aquacultured rainbow trout have dropped to a new all-time low in 1995. The price, in real terms, the fishers were paid for domestic salmon in the beginning of the 90's was only one fourth of what it had been in 1980. This price decline...
In this paper an extended version of the well-known Faustmann model is developed for solving the rotation problem in fish farming. Two particularly important aspects of the problem are emphasized: namely first, the possibilities for cycles in relative price relationships and second, the problem with limitations in release time for...
Fish are marketed with various intermediaries between producers and final consumers. The number and the nature of the intermediaries, market structures at each stage of the value chain and other factors related to the organisation of markets may substantially affect the transmission of information throughout the chain. The present study...
The fish market has a long tradition in economic literature. Many authors refer to it when they want to investigate the organisation of exchanges, whether from the point of view of equilibrium or disequilibrium. This market constitutes a kind of economic paradox in the sense that, in many cases, first...