EconPapers    
Economics at your fingertips  
 

Impact of Perishability on Price Asymmetric Behavior of Fresh and Dried Fish Products: A Nonlinear ARDL Approach

Shyama Ratnasiri, Dilanthi Koralagama and P. V. S. Harshana

Marine Resource Economics, 2025, vol. 40, issue 3, 195 - 212

Abstract: The perishability of fresh produce challenges food supply chains, particularly in developing countries where storage and refrigeration facilities are limited and costly. Transforming these products to less perishable forms is common in these countries and offers an ideal example to explore price transmission behaviors that have not been explicitly analyzed in the previous literature. Using fresh and dried fish price data from Sri Lanka, and a nonlinear autoregressive distributed lag (NARDL) model, our study found that wholesale price increases rapidly reach the retailer, yet the reductions take more time, showing positive price asymmetry in both fish markets. The magnitude of this asymmetry is lower in the more perishable fresh fish market. Unlike dried fish, which can be stored during low-demand periods and sold at higher prices because of its longer shelf life, fresh fish must be sold quickly to avoid deterioration and losses, leading to lower asymmetry.

Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://dx.doi.org/10.1086/735149 (application/pdf)
http://dx.doi.org/10.1086/735149 (text/html)
Access to the online full text or PDF requires a subscription.

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:ucp:mresec:doi:10.1086/735149

Access Statistics for this article

More articles in Marine Resource Economics from University of Chicago Press
Bibliographic data for series maintained by Journals Division ().

 
Page updated 2025-06-24
Handle: RePEc:ucp:mresec:doi:10.1086/735149