In this paper we use cointegration analysis and the Law of One Price to test for proportionality between hake prices at
different stages along the value chain in the French hake market. Cointegration analysis is an appropriate means of testing for
price proportionality when price series are non-stationary, as was...
The fish market in Finland has changed dramatically since the removal of trade barriers to the importation of fresh salmon in 1993. Imported salmon has rapidly captured markets from domestically produced salmon trout. Another clear trend has been increased concentration at the wholesale and retail level, which in turn has...