Market integration across frozen tropical farmed fish fillets in the EU

Abstract

This article presents the results of a market integration analysis in the European Union market of frozen fillets of subtropical farmed species based on imports of tilapia, pangasius and Nile perch. Market integration across countries and species has been tested using Johansen cointegration in order to deal with price series which have been found to be unit root and stationary in different cases. Results show different scenarios in which the prices of the three species are integrated but with a possible exception for tilapia.

Keywords:

• Market integration
• price competition
• price correlation
• subtropical whitefish

Correction Statement

This article has been corrected with minor changes. These changes do not impact the academic content of the article.