Price interactions between wild and farmed products: Turkish sea bass and sea bream markets

Basak Bayramoglu

Post-Print from HAL

Abstract: We investigate empirically market interactions in the Turkish wild and farmed sea bass and sea bream markets. For gilthead sea bream and European sea bass, we conduct a Granger causality test between the prices of the wild and farmed products, based on the estimation of a vector autoregressive model. Our data set consists of annual fish prices from 1996 to 2016. Our empirical results show that the wild and farmed sea bass are neither substitutes nor complements : the markets for each product are independent. However, in the case of sea bream, the price variations for farmed sea bream have a causal impact on the price of wild sea bream. Moreover, the price of wild sea bream Granger-causes the price variation of farmed sea bream. Thus, the wild and farmed sea bream markets are integrated.

Keywords: farmed fish; wild fish; market interactions; Turkey; sea bass; sea bream; market; seabream; poisson d'élevage; poisson sauvage; marché; bar; dorade; turquie (search for similar items in EconPapers)
Date: 2019
New Economics Papers: this item is included in nep-ara
Note: View the original document on HAL open archive server: https://hal.science/hal-02171431v1
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in Aquaculture Economics and Management, 2019, 23 (1), pp.111-132. ⟨10.1080/13657305.2018.1510997⟩

Downloads: (external link)
https://hal.science/hal-02171431v1/document (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02171431

DOI: 10.1080/13657305.2018.1510997

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().