Structure of the fish value chains and dynamics of price-cost margins: A multivariate analysis of cointegration results Public Deposited

http://ir.library.oregonstate.edu/concern/conference_proceedings_or_journals/k643b247v

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  • 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 tries to better understand the distortion of information transmitted through prices in a great variety of European case studies. On the basis of some fifty cointegration relations tested pair-wise in the Salmar EU-funded research project (Asche et al., 2002), along with proportionality and exogeneity of prices, a typology of the cointegration results is produced with a multifactorial analysis. Interestingly, a significant relation between proportionality and price leadership was found, in line with other empirical variables such as the degree of processing, the origin of species -wild-caught or farmed-, the position within the chain, etc.).
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  • Guillotreau, P., Laurent Le Grel, Frederic Gonzales. 2002. Structure of the fish value chains and dynamics of price-cost margins: A multivariate analysis of cointegration results. Peer Review: No. In: Proceedings of the Eleventh Biennial Conference of the International Institute of Fisheries Economics and Trade, August 19-22, 2002, Wellington, New Zealand: Fisheries in the Global Economy. Compiled by Ann L. Shriver. International Institute of Fisheries Economics & Trade, Corvallis, Oregon, USA, 2002. CD ROM.
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