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. Minot, Nicholas, 2014. "Food price volatility in sub-Saharan Africa: Has it really increased?," Food Policy, Elsevier, vol. 45(C), pages 45-56.
    2. Sukati, Mphumuzi, 2013. "Measuring Maize Price Volatility in Swaziland using ARCH/GARCH approach," MPRA Paper 51840, University Library of Munich, Germany.
    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. 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).
    2. 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.
    3. 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.
    4. 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.
    5. 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.
    6. 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).
    7. 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.
    8. 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).
    9. 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.
    10. Kornher, Lukas & Kalkuhl, Matthias, 2013. "Food Price Volatility in Developing Countries and its Determinants," Quarterly Journal of International Agriculture, Humboldt-Universitaat zu Berlin, vol. 52(4), pages 1-32, November.
    11. Dalheimer, Bernhard & Herwartz, Helmut & Lange, Alexander, 2021. "The threat of oil market turmoils to food price stability in Sub-Saharan Africa," Energy Economics, Elsevier, vol. 93(C).
    12. repec:lic:licosd:40318 is not listed on IDEAS
    13. Umar Shuaibu Aliyu & Huseyin Ozdeser & Behiye Çavuşoğlu & Mohammed A. M. Usman, 2021. "Food Security Sustainability: A Synthesis of the Current Concepts and Empirical Approaches for Meeting SDGs," Sustainability, MDPI, vol. 13(21), pages 1-25, October.
    14. Mesay Yami & Ferdi Meyer & Rashid Hassan, 2020. "The impact of production shocks on maize markets in Ethiopia: implications for regional trade and food security," Agricultural and Food Economics, Springer;Italian Society of Agricultural Economics (SIDEA), vol. 8(1), pages 1-25, December.
    15. Ding Chen & Umar Muhammad Gummi & Shan-Bing Lu & Asiya Mu'azu, 2020. "Modelling the impact of oil price fluctuations on food price in high and low-income oil exporting countries," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 66(10), pages 458-468.
    16. Pieters, Hannah & Swinnen, Johan, 2016. "Trading-off volatility and distortions? Food policy during price spikes," Food Policy, Elsevier, vol. 61(C), pages 27-39.
    17. Petro Maziku & Robert Mashenene, 2024. "Effect of Non-tariff Barriers on Maize Production and Marketing by Smallholder Farmers in Tanzania," Global Business Review, International Management Institute, vol. 25(1), pages 150-161, February.
    18. Agata Kliber & Magdalena Szyszko & Mariusz Próchniak & Aleksandra Rutkowska, 2023. "Impact of uncertainty on inflation forecast errors in Central and Eastern European countries," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 13(3), pages 535-574, December.
    19. Morales, L. Emilio, . "The Effects of International Price Volatility on Farmer Prices and Marketing Margins in Cattle Markets," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 21(3).
    20. Ofentse, Goetswamang Phankie, 2022. "Evaluation of the prospects of hedging Botswana's maize prices against the Johannesburg Stock Exchange Commodity Market Derivative," Research Theses 334751, Collaborative Masters Program in Agricultural and Applied Economics.
    21. Shittu, Adebayo & Akerele, Dare & Haile, Mekbib & Edewor, Sarah, 2017. "How Do Trade and Domestic Policy Variables Stand among Influencers of Grain Price Volatility in Nigeria?," Conference papers 332826, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.

    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.