IDEAS home Printed from https://ideas.repec.org/a/ags/jlofdr/274572.html

Assessment of Price Volatility in the Fisheries Sector in Uganda

Author

Listed:
  • Bukenya, James O.

Abstract

This paper examines price volatility in the African catfish (Clarias gariepinus) supply chain in Uganda. The volatility process in the catfish markets was analyzed based on monthly price data from January 2006 to August 2013. A GARCH model is used to estimate the volatility parameters. Empirical results revealed that the value of the first-order autoregressive term and the value of the first-order moving average term were significant for both aquaculture and wild-harvest catfish supply chains. The observed long persistence of volatility in both supply channels suggests a fundamental level of uncertainty and risk in the catfish subsector over the studied period.

Suggested Citation

  • Bukenya, James O., 2017. "Assessment of Price Volatility in the Fisheries Sector in Uganda," Journal of Food Distribution Research, Food Distribution Research Society, vol. 48(01), March.
    • Handle: RePEc:ags:jlofdr:274572
    DOI: 10.22004/ag.econ.274572
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/274572/files/JFDR_48.1_18_Bukenya.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.274572?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Sukati, Mphumuzi, 2013. "Measuring Maize Price Volatility in Swaziland using ARCH/GARCH approach," MPRA Paper 51840, University Library of Munich, Germany.
    2. Minot, Nicholas, 2014. "Food price volatility in sub-Saharan Africa: Has it really increased?," Food Policy, Elsevier, vol. 45(C), pages 45-56.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Felix Lung & Cristina Stefan, 2020. "Agriculture Risk Financing in Southern Africa," World Bank Publications - Reports 34314, The World Bank Group.
    2. Henri Aurélien Ateba Boyomo & Ladifatou Gachili Ndi Gbambie & Fabien Clive Ntonga Efoua & Mathilde Marthe Enouga & Jean-Galbert Ongono Olinga, 2025. "Effects of the agricultural food price volatility on external debt in Sub-Saharan Africa: does climate change matter?," Climatic Change, Springer, vol. 178(6), pages 1-25, June.
    3. Larochelle, Catherine & Katungi, Enid & Cheng, Zhen, 2016. "Household consumption and demand for bean in Uganda: Determinants and implications for nutrition security," 2016 Fifth International Conference, September 23-26, 2016, Addis Ababa, Ethiopia 246457, African Association of Agricultural Economists (AAAE).
    4. Mathieu Juliot Mpabe Bodjongo, 2022. "Climate Change, Cotton Prices and Production in Cameroon," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 34(1), pages 22-50, February.
    5. Kalle Hirvonen & Bart Minten & Belay Mohammed & Seneshaw Tamru, 2021. "Food prices and marketing margins during the COVID‐19 pandemic: Evidence from vegetable value chains in Ethiopia," Agricultural Economics, International Association of Agricultural Economists, vol. 52(3), pages 407-421, May.
    6. Joseph I. Uduji & Elda Nduka Okolo-Obasi & Simplice Anutechia Asongu, 2021. "Analysis of farmers’ food price volatility and Nigeria’s growth enhancement support scheme," African Journal of Science, Technology, Innovation and Development, Taylor & Francis Journals, vol. 13(4), pages 463-478, June.
    7. Mahamadou Roufahi Tankari, 2017. "Cash crops reduce the welfare of farm households in Senegal," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 9(5), pages 1105-1115, October.
    8. Emediegwu, Lotanna Ernest, 2023. "Assessing the (a)symmetric effect of global climate anomalies on food prices: Evidence from local prices," 97th Annual Conference, March 27-29, 2023, Warwick University, Coventry, UK 334555, Agricultural Economics Society - AES.
    9. Grabowski, Richard & Self, Sharmistha, 2016. "Staple food price instability and structural change: Indonesian experience," Journal of Asian Economics, Elsevier, vol. 47(C), pages 35-44.
    10. Sophie Bruin & Just Dengerink & Jasper Vliet, 2021. "Urbanisation as driver of food system transformation and opportunities for rural livelihoods," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 13(4), pages 781-798, August.
    11. Joseph I. Uduji & Elda N. Okolo-Obasi & Simplice A. Asongu, 2020. "Analysis of Farmers’ Food Price Volatility and Nigeria’s Growth Enhancement Support Scheme," Working Papers 20/069, European Xtramile Centre of African Studies (EXCAS).
    12. Bouët, Antoine & Laborde Debucquet, David, 2017. "Introduction: Setting the stage," IFPRI book chapters, in: Bouët, Antoine; Laborde Debucquet, David (ed.), Agriculture, development, and the global trading system: 2000– 2015, chapter 1, International Food Policy Research Institute (IFPRI).
    13. Ding Chen & Umar Muhammad Gummi & Shanbing Lu & Adamu Hassan, 2024. "Oil price, economic policy uncertainty and food prices in oil-exporting and oil-importing developing economies," Economic Change and Restructuring, Springer, vol. 57(4), pages 1-22, August.
    14. Quintero Peralta, María Angélica & Gallardo Cobos, Rosa María & Ceña Delgado, Felisa, . "Implicaciones de la disminución de la capacidad productiva de granos básicos sobre la alimentación en comunidades rurales pobres de México," Economia Agraria y Recursos Naturales, Spanish Association of Agricultural Economists, vol. 16(02).
    15. Rosa, Franco & Vasciaveo, Michela & Weaver, Robert D., 2014. "Agricultural and oil commodities: price transmission and market integration between US and Italy," Bio-based and Applied Economics Journal, Italian Association of Agricultural and Applied Economics (AIEAA), vol. 3(2), pages 1-25, August.
    16. Bukenya, James O., . "Research Report: Market Integration in the Staple Food Derivatives Markets in Uganda," Journal of Food Distribution Research, Food Distribution Research Society, vol. 51(01).
    17. Ceballos, Francisco & Hernandez, Manuel A. & Minot, Nicholas & Robles, Miguel, 2017. "Grain Price and Volatility Transmission from International to Domestic Markets in Developing Countries," World Development, Elsevier, vol. 94(C), pages 305-320.
    18. Rosa, Franco & Weaver, Robert D. & Vasciaveo, Michela, 2015. "Structural Changes and Dairy Chain Efficiency in Italy," International Journal on Food System Dynamics, International Center for Management, Communication, and Research, vol. 6(3), pages 1-21, July.
    19. Kris Boudt & Hong Anh Luu, 2022. "Estimation and decomposition of food price inflation risk," Statistical Methods & Applications, Springer;Società Italiana di Statistica, vol. 31(2), pages 295-319, June.
    20. Dalheimer, Bernhard & Fiankor, Dela-Dem Doe, 2022. "Food Production Shocks and Agricultural Supply Elasticities in Sub-Saharan Africa," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322168, Agricultural and Applied Economics Association.

    More about this item

    Keywords

    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:jlofdr:274572. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/fdrssea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.