Market integration between wild and farmed species in Spain

Market integration occurs when prices among different locations or related goods follow similar patterns over time. Current knowledge on market integration between aquaculture and wild-caught fish is based on a small number of species and markets. Most studies show the existence of market integratio...

Full description

Bibliographic Details
Published in:Aquaculture Economics & Management
Main Authors: Bjørndal, Trond, Guillen, Jordi
Format: Article in Journal/Newspaper
Language:English
Published: Taylor & Francis 2017
Subjects:
Online Access:http://hdl.handle.net/11250/2493300
https://doi.org/10.1080/13657305.2016.1214629
Description
Summary:Market integration occurs when prices among different locations or related goods follow similar patterns over time. Current knowledge on market integration between aquaculture and wild-caught fish is based on a small number of species and markets. Most studies show the existence of market integration between wild and farmed conspecifics, with the clear exception of European seabass and gilthead seabream in Southern European countries. In this study, we investigate whether this lack of market integration between wild and farmed conspecifics for European seabass and gilthead seabream in Southern European countries is specific for these species or is representative for the area. Therefore, we investigate the existence of market integration in Spain between wild and farmed conspecifics for a large variety of different species: turbot (Scophthalmus maximus), sole (Solea spp.), blackspot (red) seabream (Pagellus bogaraveo), Atlantic cod (Gadus morhua), and meagre (Argyrosomus regius). acceptedVersion This is an [Accepted Manuscript] of an article published by Taylor & Francis in [Aquaculture Economics & Management] on [24 Aug 2016], available at https://www.tandfonline.com/doi/full/10.1080/13657305.2016.1214629