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How does the European seafood industry stand after the revolution of salmon farming: An economic analysis of fish prices


  • Guillotreau, Patrice


The introduction of farmed salmon on the European fish markets has coincided with major organisational changes within the value chain. The present paper investigates the extent to which the value spread between the intermediaries has been modified thereafter not only for salmon but also for a few wild-caught species. The background of cointegration theory has been extended to refine the analysis of price transmission along the fish value chain. As a result, one could admit that the introduction of farmed salmon and globalisation of fishery markets has certainly benefited to the European consumers, but probably not to the extent of the most optimistic expectations because of market imperfections.

Suggested Citation

  • Guillotreau, Patrice, 2004. "How does the European seafood industry stand after the revolution of salmon farming: An economic analysis of fish prices," Marine Policy, Elsevier, vol. 28(3), pages 227-233, May.
  • Handle: RePEc:eee:marpol:v:28:y:2004:i:3:p:227-233

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    References listed on IDEAS

    1. Farrow, Scott, 1996. "Marine protected areas: emerging economics," Marine Policy, Elsevier, vol. 20(6), pages 439-446, November.
    2. Jones, Peter J S, 1999. "Marine nature reserves in Britain: past lessons, current status and future issues," Marine Policy, Elsevier, vol. 23(4-5), pages 375-396, July.
    3. Smith, Martin D. & Wilen, James E., 2003. "Economic impacts of marine reserves: the importance of spatial behavior," Journal of Environmental Economics and Management, Elsevier, vol. 46(2), pages 183-206, September.
    4. Squires, Dale & Campbell, Harry & Cunningham, Stephen & Dewees, Christopher & Grafton, R Quentin & Herrick, Samuel F & Kirkley, James & Pascoe, Sean & Salvanes, Kjell & Shallard, Bruce & Turris, Bruce, 1998. "Individual transferable quotas in multispecies fisheries," Marine Policy, Elsevier, vol. 22(2), pages 135-159, March.
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    Cited by:

    1. Pascal Le Floc'h & Iuliana Matei & Mehmet Tuncel, 2012. "Commercial Sizes and Prices on the French Monkfish Fishery :A Time-Series Analysis," Brussels Economic Review, ULB -- Universite Libre de Bruxelles, vol. 55(1), pages 97-115.
    2. repec:eee:ecolec:v:141:y:2017:i:c:p:222-233 is not listed on IDEAS
    3. Patricia Gurria & Tevecia Ronzon & Saulius Tamosiunas & Raul Lopez & Sara Garcia Condado & Jordi Guillen & Noemi Cazzaniga & Ragnar Jonsson & Manjola Banja & Gianluca Fiore & Andrea Camia & Robert M'B, 2017. "Biomass flows in the European Union: The Sankey biomass diagram - towards a cross-set integration of biomass," JRC Working Papers JRC106502, Joint Research Centre (Seville site).

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    Price transmission; Value chain Salmon;


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