Commercial sizes and prices on the French monkfish fishery: a time-series analysis

Iuliana Matei, Mehmet Tuncel () and Pascal Le Floc'H ()
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Mehmet Tuncel: LEMNA - Laboratoire d'économie et de management de Nantes Atlantique - IEMN-IAE Nantes - Institut d'Économie et de Management de Nantes - Institut d'Administration des Entreprises - Nantes - UN - Université de Nantes
Pascal Le Floc'H: AMURE - Aménagement des Usages des Ressources et des Espaces marins et littoraux - Centre de droit et d'économie de la mer - IFREMER - Institut Français de Recherche pour l'Exploitation de la Mer - UBO - Université de Brest - IUEM - Institut Universitaire Européen de la Mer - IRD - Institut de Recherche pour le Développement - INSU - CNRS - Institut national des sciences de l'Univers - UBO - Université de Brest - CNRS - Centre National de la Recherche Scientifique - CNRS - Centre National de la Recherche Scientifique

Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL

Abstract: The total value of the Monkfish (Lophius piscatorius and L. budegassa) production seemed greatly influenced by inter-annual price fluctuations, which could be explained by the evolution of marketing conditions for fish In certain cases, a local market for fish can be defined so that the fishermen are price-makers. In the general case however, producers are subject to external conditions to their local market. This paper addresses the formation of exvessel prices for a single commercial species, Monkfish (Lophius piscatorius and L. budegassa), proposing an identification of market integration for the Monkfish species, considering two major commercial sizes and different types of fishing units. A time series analysis is conducted from 1994 to 2005 on a monthly basis for fishing units exploiting the groundfish communities of the Bay of Biscay and the Celtic Sea. Results show that: (i) price series are globally cointegrated both from the size of species and the size of production units; (ii) the LOP hold for the commercial size 3 and trawlers over 16 meters.

Keywords: Time-series Models; Firm Organization and Market Structure; Fishery and Aquaculture (search for similar items in EconPapers)
Date: 2012
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Published in Brussels Economic Review , 2012, 55 (1), pp.97-115

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Related works:
Journal Article: Commercial Sizes and Prices on the French Monkfish Fishery:A Time-Series Analysis (2012)
Working Paper: Commercial sizes and prices on the French monkfish fishery: a time-series analysis (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:cesptp:hal-00715403

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