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Wholesale and retail price integration in the live reef food fish trade

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  • Petersen, Elizabeth H.
  • Muldoon, Geoffrey

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.

Suggested Citation

  • Petersen, Elizabeth H. & Muldoon, Geoffrey, 2006. "Wholesale and retail price integration in the live reef food fish trade," 2006 Conference (50th), February 8-10, 2006, Sydney, Australia 139891, Australian Agricultural and Resource Economics Society.
  • Handle: RePEc:ags:aare06:139891
    DOI: 10.22004/ag.econ.139891
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    References listed on IDEAS

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    1. Frank Asche & Atle G. Guttormsen & Tom Sebulonsen & Elin H. Sissener, 2005. "Competition between farmed and wild salmon: the Japanese salmon market," Agricultural Economics, International Association of Agricultural Economists, vol. 33(3), pages 333-340, November.
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    Cited by:

    1. Jia-Jan Lee, 2019. "The Study on the Correlation between Wholesale Price and Trading Volume in Taiwan Milkfish Market," Asian Journal of Economic Modelling, Asian Economic and Social Society, vol. 7(2), pages 73-81, June.

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