Spatial Integration in the Spanish Mackerel Market

Javier García-Enríquez, Javier Hualde, Josu Arteche and Arantza Murillas-Maza
Authors registered in the RePEc Author Service: Javier García Enríquez

Journal of Agricultural Economics, 2014, vol. 65, issue 1, 234-256

Abstract: type="main" xml:id="jage12020-abs-0001">

This article analyses the potential links between regional first-sale markets for mackerel in Spain using fractional cointegration techniques. The results indicate that this is not an integrated market, and we demonstrate that there are no links, at least in the long term, between any of Spain's five regional markets. This result has significant implications in policy terms, as local, regional and European authorities must take into account the need to apply distinct local policies.

Date: 2014
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