IDEAS home Printed from https://ideas.repec.org/a/ucp/mresec/doi10.1086-713769.html
   My bibliography  Save this article

Salmon Stock Market Prices Revealing Salmon Price Information

Author

Listed:
  • Roy Endré Dahl
  • Atle Oglend
  • Muhammad Yahya

Abstract

A representative and unbiased fish price index is an important tool to measure price risk, as well as for production and marketing management. This paper investigates the relationship between one of the primary price indices of farmed salmon, the Fish Pool Index, and the stock prices of major publicly traded salmon companies. We document that stock prices reflect salmon price information earlier than the Fish Pool Index. Furthermore, this effect is shown to be greater for larger companies. This identifies a possible source of bias in the salmon futures pricing design that relies on the index, which can negatively affect the perceived unbiasedness of contracting. The results also point to potential company-size effects on salmon pricing.

Suggested Citation

  • Roy Endré Dahl & Atle Oglend & Muhammad Yahya, 2021. "Salmon Stock Market Prices Revealing Salmon Price Information," Marine Resource Economics, University of Chicago Press, vol. 36(2), pages 173-190.
    • Handle: RePEc:ucp:mresec:doi:10.1086/713769
    DOI: 10.1086/713769
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1086/713769
    Download Restriction: Access to the online full text or PDF requires a subscription.
    File URL: http://dx.doi.org/10.1086/713769
    Download Restriction: Access to the online full text or PDF requires a subscription.
    File URL: https://libkey.io/10.1086/713769?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
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Muhammad Mohsin & Yin Hengbin & Zhang Luyao & Li Rui & Qian Chong & Ana Mehak, 2022. "An Application of Multiple-Criteria Decision Analysis for Risk Prioritization and Management: A Case Study of the Fisheries Sector in Pakistan," Sustainability, MDPI, vol. 14(14), pages 1-21, July.

    More about this item

    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:ucp:mresec:doi:10.1086/713769. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Journals Division (email available below). General contact details of provider: https://www.journals.uchicago.edu/MRE .

    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.