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Price and Quantity Indices for Aquaculture Production in Europe

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Abstract
  • This paper considers the modelling of aggregate price and quantity of aquaculture production in the European countries since mid-80s. In general, the evolution of aquaculture production only considers the evolution of total value and total weight. The heterogeneity of aquaculture production is neglected. As a consequence, the unit value ('price') of cultured fish seems to be increasing due to the increasing trend towards more valued fish species. The right way to aggregate heterogeneous goods in economics is by using index numbers. In general, it is observed that the quantity indices increase much more than the weight of cultured fish. The trend for price indices is very different between countries, but in the EU-15 as an aggregate is decreasing, contrary to the trend with unit values.
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  • Millán, Joaquín A. and Natalia Aldaz. 2006. Price and Quantity Indices for Aquaculture Production in Europe. In: Proceedings of the Thirteenth Biennial Conference of the International Institute of Fisheries Economics & Trade, July 11-14, 2006, Portsmouth, UK: Rebuilding Fisheries in an Uncertain Environment. Compiled by Ann L. Shriver. International Institute of Fisheries Economics & Trade, Corvallis, Oregon, USA, 2006. CD ROM. ISBN 0-9763432-3-1
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Dichiarazione dei diritti
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  • The National Oceanic & Atmospheric Administration Marine Fisheries Service, United States Department of Commerce (NOAA Fisheries); United Kingdom Department for Environment, Food and Rural Affairs (DEFRA); The United States Agency for International Development supported Aquaculture Collaborative Research and Support Program (ACRSP).
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