Wholesale and retail price integration in the live reef food fish trade
Elizabeth H. Petersen and
Geoffrey Muldoon
No 139891, 2006 Conference (50th), February 8-10, 2006, Sydney, Australia from Australian Agricultural and Resource Economics Society
Abstract:
This paper explores price integration between wholesale and retail prices of live reef food fish, a highvalue export fishery supplied by nearly 20 countries in the Asia-Pacific region with demand centred in Hong Kong. Cointegration analysis is used to test for relationships between wholesale and retail prices in demand countries for live reef fish species in aggregate and then by species. Results indicate that wholesale and retail prices of live reef fish species are cointegrated and form part of the same market. An analysis of price integration between wholesale supply and wholesale demand prices is undertaken using a high value reef fish exported to Hong Kong from Australia.
Keywords: Demand and Price Analysis; International Relations/Trade; Livestock Production/Industries (search for similar items in EconPapers)
Pages: 19
Date: 2006
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aare06:139891
DOI: 10.22004/ag.econ.139891
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