Global integration of European tuna markets
Autor: | Rémi Mongruel, Patrice Guillotreau, Ramón Jiménez-Toribio |
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Přispěvatelé: | university of Huelva (MEMPES- AEA), University of Huelva, Institut de Recherche pour le Développement (IRD), Aménagement des Usages des Ressources et des Espaces marins et littoraux - Centre de droit et d'économie de la mer (AMURE), Institut Universitaire Européen de la Mer (IUEM), Institut de Recherche pour le Développement (IRD)-Institut national des sciences de l'Univers (INSU - CNRS)-Université de Brest (UBO)-Centre National de la Recherche Scientifique (CNRS)-Institut de Recherche pour le Développement (IRD)-Institut national des sciences de l'Univers (INSU - CNRS)-Université de Brest (UBO)-Centre National de la Recherche Scientifique (CNRS)-Institut Français de Recherche pour l'Exploitation de la Mer (IFREMER)-Centre National de la Recherche Scientifique (CNRS), Centre National de la Recherche Scientifique (CNRS)-Université de Brest (UBO)-Institut Français de Recherche pour l'Exploitation de la Mer (IFREMER)-Institut Universitaire Européen de la Mer (IUEM), Institut de Recherche pour le Développement (IRD)-Institut national des sciences de l'Univers (INSU - CNRS)-Université de Brest (UBO)-Centre National de la Recherche Scientifique (CNRS)-Institut de Recherche pour le Développement (IRD)-Institut national des sciences de l'Univers (INSU - CNRS)-Centre National de la Recherche Scientifique (CNRS), Universidad de Huelva, Institut Français de Recherche pour l'Exploitation de la Mer (IFREMER)-Université de Brest (UBO)-Institut Universitaire Européen de la Mer (IUEM), Institut de Recherche pour le Développement (IRD)-Institut national des sciences de l'Univers (INSU - CNRS)-Université de Brest (UBO)-Centre National de la Recherche Scientifique (CNRS)-Institut de Recherche pour le Développement (IRD)-Institut national des sciences de l'Univers (INSU - CNRS)-Centre National de la Recherche Scientifique (CNRS)-Centre National de la Recherche Scientifique (CNRS), Economia General y Estadistica, Département Ressources Vivantes (DRV) |
Rok vydání: | 2010 |
Předmět: |
MARCHE MONDIAL
Market integration Skipjack tuna Yellowfin tuna UNIT-ROOT COINTEGRATION DEMAND TIME-SERIES Aquatic Science PRIX Agricultural economics ECONOMIE DES PECHES PRICES Order (exchange) 0502 economics and business MANAGEMENT PECHE INDUSTRIELLE UK 14. Life underwater Market power 050207 economics MARGINS INTEGRATION ECONOMIQUE ERROR-CORRECTION biology business.industry THON 05 social sciences Geology Canned fish [SHS.ECO]Humanities and Social Sciences/Economics and Finance biology.organism_classification Oceanography Fishing industry [SDE]Environmental Sciences [SHS.GESTION]Humanities and Social Sciences/Business administration 050202 agricultural economics & policy business Tuna FISHERIES |
Zdroj: | Progress in Oceanography Progress in Oceanography, Elsevier, 2010, 86 (1-2), pp.166-175. ⟨10.1016/j.pocean.2010.04.022⟩ Progress In Oceanography (0079-6611) (Pergamon-elsevier Science Ltd), 2010-07, Vol. 86, N. 1-2, P. 166-175 |
ISSN: | 0079-6611 |
DOI: | 10.1016/j.pocean.2010.04.022 |
Popis: | International audience; This paper evaluates the degree of integration between the world market and the major European marketplaces of frozen and canned tuna through both vertical and horizontal price relationships. Spatial linkages are investigated horizontally in order to estimate the connection between the European market and the world-wide market on the primary stage of the value chain. One of the key results is the high level of market integration at the ex-vessel stage, and the price leadership of yellowfin tuna over skipjack tuna. The same approach is applied at the ex-factory level. Basically, the European market for final goods appears to be segmented between the Northern countries consuming low-priced canned skipjack tuna imported from Asia (mainly Thailand) and the Southern countries (Italy, Spain) processing and importing yellowfin-based products sold at higher prices. France appears to be an intermediate market where both products are consumed. The former market is found to be well integrated to the world market and can be considered to be competitive, but there is a suspicion of market power being exercised on the latter. Price relationships are therefore tested vertically between the price of frozen tuna paid by the canneries and the price of canned fish in both Italy and France. The two species show an opposite pattern in prices transmission along the value chain: price changes along the chain are far better transmitted for the "global" skipjack tuna than for the more "European" yellowfin tuna. The results are discussed, along with their implications for the fishing industry. (C) 2010 Published by Elsevier Ltd. |
Databáze: | OpenAIRE |
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