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Global integration of European tuna markets ArchiMer
Jimenez-toribio, Ramon; Guillotreau, Patrice; Mongruel, Remi.
This paper evaluates the degree of integration between the world market and the major European marketplaces of frozen and canned tuna through both vertical and horizontal price relationships. Spatial linkages are investigated horizontally in order to estimate the connection between the European market and the world-wide market on the primary stage of the value chain. One of the key results is the high level of market integration at the ex-vessel stage, and the price leadership of yellowfin tuna over skipjack tuna. The same approach is applied at the ex-factory level. Basically, the European market for final goods appears to be segmented between the Northern countries consuming low-priced canned skipjack tuna imported from Asia (mainly Thailand) and the...
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Ano: 2010 URL: http://archimer.ifremer.fr/doc/00011/12229/9796.pdf
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