Value chain and price integration in the Spanish market for salted cod
Salted cod is a much appreciated product in the traditional Spanish cuisine. Following the collapse of the Newfoundland fishery, local processors became dependent on imports of raw material in order to keep on producing. As a result, substantial changes in the value chain structure and dynamics took...
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ftnorgehandelshs:oai:openaccess.nhh.no:11250/2381056 2023-05-15T17:22:07+02:00 Value chain and price integration in the Spanish market for salted cod Polanco, José Fernández Bjørndal, Trond 2015-09 application/pdf http://hdl.handle.net/11250/2381056 eng eng SNF Working paper;2015:10 urn:issn:1503-2140 http://hdl.handle.net/11250/2381056 Working paper 2015 ftnorgehandelshs 2021-10-19T20:05:25Z Salted cod is a much appreciated product in the traditional Spanish cuisine. Following the collapse of the Newfoundland fishery, local processors became dependent on imports of raw material in order to keep on producing. As a result, substantial changes in the value chain structure and dynamics took place. Using price integration techniques, this paper analyzes the relation across prices of salted cod products along the value chain in the modern Spanish markets. Horizontal price integration is used to test competition across commodities and countries at the import level. Vertical integration analyzes price transmission from imports to retail. Results suggest competition across imports of different commodities of salted cod and countries of origin. On the other side, changes in the prices of imports are transmitted to final consumers when the product is imported from the producing country. However, price transmission can be affected when intra EU trade takes place. Report Newfoundland NHH Brage Open institutional repository (Norwegian School of Economics) |
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Open Polar |
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NHH Brage Open institutional repository (Norwegian School of Economics) |
op_collection_id |
ftnorgehandelshs |
language |
English |
description |
Salted cod is a much appreciated product in the traditional Spanish cuisine. Following the collapse of the Newfoundland fishery, local processors became dependent on imports of raw material in order to keep on producing. As a result, substantial changes in the value chain structure and dynamics took place. Using price integration techniques, this paper analyzes the relation across prices of salted cod products along the value chain in the modern Spanish markets. Horizontal price integration is used to test competition across commodities and countries at the import level. Vertical integration analyzes price transmission from imports to retail. Results suggest competition across imports of different commodities of salted cod and countries of origin. On the other side, changes in the prices of imports are transmitted to final consumers when the product is imported from the producing country. However, price transmission can be affected when intra EU trade takes place. |
format |
Report |
author |
Polanco, José Fernández Bjørndal, Trond |
spellingShingle |
Polanco, José Fernández Bjørndal, Trond Value chain and price integration in the Spanish market for salted cod |
author_facet |
Polanco, José Fernández Bjørndal, Trond |
author_sort |
Polanco, José Fernández |
title |
Value chain and price integration in the Spanish market for salted cod |
title_short |
Value chain and price integration in the Spanish market for salted cod |
title_full |
Value chain and price integration in the Spanish market for salted cod |
title_fullStr |
Value chain and price integration in the Spanish market for salted cod |
title_full_unstemmed |
Value chain and price integration in the Spanish market for salted cod |
title_sort |
value chain and price integration in the spanish market for salted cod |
publisher |
SNF |
publishDate |
2015 |
url |
http://hdl.handle.net/11250/2381056 |
genre |
Newfoundland |
genre_facet |
Newfoundland |
op_relation |
Working paper;2015:10 urn:issn:1503-2140 http://hdl.handle.net/11250/2381056 |
_version_ |
1766108473015140352 |