Integracion vertical en el mercado del verdel en el Pais Vasco

Javier Enriquez, Josu Gonzalez and Arantza Murillas Maza

Revista Espanola de Estudios Agrosociales y Pesqueros, 2009, issue 223, 31

Abstract: En este trabajo se leeva a cabo un analisis del mercado interior de pescadp fresco en la Comunidad Autonoma del Pais Vasco. En particular, se analizan los precios de una de las principales especies objetivo de la flota de bajura, el verdel o caballa del Atlantico Nordeste, centrandose en el estudio de las relaciones de equilibrio verticales entre los precios alcanzados en los puertos y en el mercado central. Para ello, se aplican distintas tecnicas econometricas utilizadas en el analisis de integracion de mercados, examinandose las relaciones de equilibrio a largo plazo tanto mediante metodos de cointegracion entera como fraccional. Los resultados indican que se trata de un mercado no integrado, describiendo los precios de los niveles analizados-puertos y mercado central- una evolucion independiente. In this paper an analysis of the internal market for fresh fish at the Basque Country is carried out. Particularly, mackerel prices, coming from the inshore sector, are analysed focusing on the study of vertical equilibrium relationships between the prices of fish sold at auction (at ports) and fish sold by the central market. For that purpose, different econometric techniques used in the analysis of the market integration are applied, examining the long term equilibrium relationships by means of both integer and fractional cointegration. The results show that it is a non integrated market, following the series of prices at port and central market an independent evolution.

Keywords: Demand and Price Analysis; Livestock Production/Industries; Marketing; Public Economics (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:ags:spreea:185951

DOI: 10.22004/ag.econ.185951

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