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Commercial sizes and prices on the French monkfish fishery: a time-series analysis

Author

Listed:
  • Iuliana Matei

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

  • Mehmet Tuncel

    (LEMNA - Laboratoire d'économie et de management de Nantes Atlantique - IEMN-IAE Nantes - Institut d'Économie et de Management de Nantes - Institut d'Administration des Entreprises - Nantes - UN - Université de Nantes)

  • Pascal Le Floc'H

    (AMURE - Aménagement des Usages des Ressources et des Espaces marins et littoraux - Centre de droit et d'économie de la mer - IRD - Institut de Recherche pour le Développement - IFREMER - Institut Français de Recherche pour l'Exploitation de la Mer - UBO EPE - Université de Brest - CNRS - Centre National de la Recherche Scientifique)

Abstract

The total value of the Monkfish (Lophius piscatorius and L. budegassa) production seemed greatly influenced by inter-annual price fluctuations, which could be explained by the evolution of marketing conditions for fish In certain cases, a local market for fish can be defined so that the fishermen are price-makers. In the general case however, producers are subject to external conditions to their local market. This paper addresses the formation of exvessel prices for a single commercial species, Monkfish (Lophius piscatorius and L. budegassa), proposing an identification of market integration for the Monkfish species, considering two major commercial sizes and different types of fishing units. A time series analysis is conducted from 1994 to 2005 on a monthly basis for fishing units exploiting the groundfish communities of the Bay of Biscay and the Celtic Sea. Results show that: (i) price series are globally cointegrated both from the size of species and the size of production units; (ii) the LOP hold for the commercial size 3 and trawlers over 16 meters.

Suggested Citation

  • Iuliana Matei & Mehmet Tuncel & Pascal Le Floc'H, 2012. "Commercial sizes and prices on the French monkfish fishery: a time-series analysis," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00715403, HAL.
    • Handle: RePEc:hal:cesptp:hal-00715403
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    Keywords

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    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery

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