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Market integration of cold and warmwater shrimp in Europe

Publikation: Forskning - peer reviewTidsskriftartikel

Standard

Market integration of cold and warmwater shrimp in Europe. / Ankamah-Yeboah, Isaac; Ståhl, Lisa; Nielsen, Max.

I: Marine Resource Economics, Bind 32, Nr. 4, 2017, s. 371-390.

Publikation: Forskning - peer reviewTidsskriftartikel

Harvard

Ankamah-Yeboah, I, Ståhl, L & Nielsen, M 2017, 'Market integration of cold and warmwater shrimp in Europe' Marine Resource Economics, bind 32, nr. 4, s. 371-390. DOI: 10.1086/693048

APA

Ankamah-Yeboah, I., Ståhl, L., & Nielsen, M. (2017). Market integration of cold and warmwater shrimp in Europe. Marine Resource Economics, 32(4), 371-390. DOI: 10.1086/693048

Vancouver

Ankamah-Yeboah I, Ståhl L, Nielsen M. Market integration of cold and warmwater shrimp in Europe. Marine Resource Economics. 2017;32(4):371-390. Tilgængelig fra, DOI: 10.1086/693048

Author

Ankamah-Yeboah, Isaac ; Ståhl, Lisa ; Nielsen, Max. / Market integration of cold and warmwater shrimp in Europe. I: Marine Resource Economics. 2017 ; Bind 32, Nr. 4. s. 371-390

Bibtex

@article{ba7c04e6e5804c39a094f073c27b7e60,
title = "Market integration of cold and warmwater shrimp in Europe",
abstract = "This study examines market integration between the cold and warmwater shrimp value chain in the UK, Denmark, Italy, Sweden, and Norway using cointegration methods. For all countries, market integration exists between cold and warmwater unprocessed shrimp imports, where the law of one price (LOP) holds in three of the five cases. For processed shrimp, the LOP holds in three of four integrated cases, and for retail sales in the UK and Denmark, the LOP fails to hold in the presence of market integration. Unprocessed coldwater shrimp leads the market in northern Europe. Downstream, prices adjust within a few months, indicating that a shrimp is a shrimp. In the short-run, the coldwater value chain seems to be protected from competition, but provides opportunities for a shift in consumer demand towards warmwater in the long-run. This implies that coldwater shrimp prices are determined by demand and supply of warmwater shrimp, which is 15 times larger.",
author = "Isaac Ankamah-Yeboah and Lisa Ståhl and Max Nielsen",
year = "2017",
doi = "10.1086/693048",
volume = "32",
pages = "371--390",
journal = "Marine Resource Economics",
issn = "0738-1360",
publisher = "University of Chicago Press",
number = "4",

}

RIS

TY - JOUR

T1 - Market integration of cold and warmwater shrimp in Europe

AU - Ankamah-Yeboah,Isaac

AU - Ståhl,Lisa

AU - Nielsen,Max

PY - 2017

Y1 - 2017

N2 - This study examines market integration between the cold and warmwater shrimp value chain in the UK, Denmark, Italy, Sweden, and Norway using cointegration methods. For all countries, market integration exists between cold and warmwater unprocessed shrimp imports, where the law of one price (LOP) holds in three of the five cases. For processed shrimp, the LOP holds in three of four integrated cases, and for retail sales in the UK and Denmark, the LOP fails to hold in the presence of market integration. Unprocessed coldwater shrimp leads the market in northern Europe. Downstream, prices adjust within a few months, indicating that a shrimp is a shrimp. In the short-run, the coldwater value chain seems to be protected from competition, but provides opportunities for a shift in consumer demand towards warmwater in the long-run. This implies that coldwater shrimp prices are determined by demand and supply of warmwater shrimp, which is 15 times larger.

AB - This study examines market integration between the cold and warmwater shrimp value chain in the UK, Denmark, Italy, Sweden, and Norway using cointegration methods. For all countries, market integration exists between cold and warmwater unprocessed shrimp imports, where the law of one price (LOP) holds in three of the five cases. For processed shrimp, the LOP holds in three of four integrated cases, and for retail sales in the UK and Denmark, the LOP fails to hold in the presence of market integration. Unprocessed coldwater shrimp leads the market in northern Europe. Downstream, prices adjust within a few months, indicating that a shrimp is a shrimp. In the short-run, the coldwater value chain seems to be protected from competition, but provides opportunities for a shift in consumer demand towards warmwater in the long-run. This implies that coldwater shrimp prices are determined by demand and supply of warmwater shrimp, which is 15 times larger.

U2 - 10.1086/693048

DO - 10.1086/693048

M3 - Journal article

VL - 32

SP - 371

EP - 390

JO - Marine Resource Economics

T2 - Marine Resource Economics

JF - Marine Resource Economics

SN - 0738-1360

IS - 4

ER -

ID: 182092634