Dynamics of price volatility spillover in the U.S. catfish market

References

• Asche, F. (2008). Farming the sea. Marine Resource Economics, 23(4), 527–547. https://doi.org/10.1086/mre.23.4.42629678
   Web of Science ®Google Scholar
• Asche, F., Cojocaru, A., & Roth, B. (2018b). The development of large scale aquaculture production: A comparison of the supply chains for chicken and salmon. Aquaculture, 493, 446–455. https://doi.org/10.1016/j.aquaculture.2016.10.031
   Web of Science ®Google Scholar
• Asche, F., Dahl, R. E., & Steen, M. (2015). Price volatility in seafood markets: Farmed vs. wild fish. Aquaculture Economics & Management, 19(3), 316–335. https://doi.org/10.1080/13657305.2015.1057879
   Web of Science ®Google Scholar
• Asche, F., Misund, B., & Oglend, A. (2019). The case and cause of salmon price volatility. Marine Resource Economics, 34(1), 23–38. https://doi.org/10.1086/701195
   Web of Science ®Google Scholar
• Asche, F., & Oglend, A. (2016). The relationship between input-factor and output prices in commodity industries: the case of Norwegian salmon aquaculture. Journal of Commodity Markets, 1(1), 35–47. https://doi.org/10.1016/j.jcomm.2015.11.001
   Web of Science ®Google Scholar
• Asche, F., Roll, K. H., & Trollvik, T. (2009). New aquaculture species-the whitefish market. Aquaculture Economics & Management, 13(2), 76–93. https://doi.org/10.1080/13657300902881641
   Google Scholar
• Asche, F., Sikveland, M., & Zhang, D. (2018a). Profitability in Norwegian salmon farming: The impact of firm size and price variability. Aquaculture Economics and Management, 21(3), 306–317.
   Google Scholar
• Branch, W., & Tilley, D. S. (1991). Catfish producer harvest response to production and asymmetric price risk. Journal of Agricultural and Applied Economics, 23(2), 29–38. https://doi.org/10.1017/S0081305200018148
   Google Scholar
• Buguk, C., Hudson, D., & Hanson, T. (2003). Price volatility spillover in agricultural markets: An examination of US catfish markets. Journal of Agricultural and Resource Economics, 28, 86–99.
   Web of Science ®Google Scholar
• Dahl, R. E., & Oglend, A. (2014). Fish price volatility. Marine Resource Economics, 29(4), 305–322. https://doi.org/10.1086/678925
   Web of Science ®Google Scholar
• Dahl, R. E., Oglend, A., & Yahya, M. (2021). Salmon stock market prices revealing salmon price information. Marine Resource Economics, 36(2), 173–190. https://doi.org/10.1086/713769
   Web of Science ®Google Scholar
• Engle, C. R., Hanson, T., & Kumar, G. (2022). Economic history of U.S. catfish farming: Lessons for growth and development of aquaculture. Aquaculture Economics & Management, 26(1), 1–35. https://doi.org/10.1080/13657305.2021.1896606
   Web of Science ®Google Scholar
• Engle, C. R., & Hanson, T. R. (2004). 21. Marketing and economics. In, Biology and culture of channel catfish. (pp. 601–633). Elsevier.
   Google Scholar
• Engle, C. R., Kumar, G., Lochmann, R., Bosworth, B., & Thompson, M. (2013). Effects of 28% protein diets differing in quality on channel catfish performance, processing traits, and production economics in a multi-batch system. Journal of Applied Aquaculture, 25(2), 102–112. https://doi.org/10.1080/10454438.2012.761948
   Google Scholar
• Engle, C. R., Kumar, G., & Senten, J. (2020). Cost drivers and profitability of US pond, raceway, and RAS aquaculture. Journal of the World Aquaculture Society, 51(4), 847–873. https://doi.org/10.1111/jwas.12706
   Web of Science ®Google Scholar
• Engle, C. R., Quagrainie, K. K., & Dey, M. M. (2016). Seafood and aquaculture marketing handbook. Wiley Online Library.
   Google Scholar
• Engle, C. R., & Stone, N. M. (2013). Competitiveness of US aquaculture within the current US regulatory framework. Aquaculture Economics & Management, 17(3), 251–280. https://doi.org/10.1080/13657305.2013.812158
   Web of Science ®Google Scholar
• Engle, C. R., van Senten, J., & Fornshell, G. (2019). Regulatory costs on US salmonid farms. Journal of the World Aquaculture Society, 50(3), 522–549.
   Web of Science ®Google Scholar
• Fernández-Polanco, J., Llorente, I., & Asche, F. (2021). Gilthead seabream price dynamics in the Spanish market: The role of retailers and international trade on price linkages. Aquaculture, 530, 735801. https://doi.org/10.1016/j.aquaculture.2020.735801
   Web of Science ®Google Scholar
• Garlock, T., Asche, F., Anderson, J. L., Bjørndal, T., Kumar, G., Lorenzen, K., Ropicki, A., Smith, M. D., & Tveterås, R. (2020). A global blue revolution: Aquaculture growth across regions, species, and countries. Reviews in Fisheries Science & Aquaculture, 28(1), 107–116. https://doi.org/10.1080/23308249.2019.1678111
   Web of Science ®Google Scholar
• Hanson, T. R., & Sites, D. (2014). 2013 U.S. Catfish Database (tech. rep. No. 7). Alabama Agricultural Experiment Station, Auburn University.
   Google Scholar
• Hosking, J. R. M. (1981). Equivalent forms of the multivariate portmanteau statistic. Journal of the Royal Statistical Society: Series B (Methodological), 43(2), 261–262.
   Google Scholar
• Kinnucan, H. W. (1995). Catfish aquaculture in the United States: Five propositions about industry growth and policy. World Aquaculture, 26, 13–13.
   Google Scholar
• Kinnucan, H. W. (2003). Futility of targeted fish tariffs and an alternative. Marine Resource Economics, 18(3), 211–224. https://doi.org/10.1086/mre.18.3.42629396
   Google Scholar
• Kobayashi, M., Msangi, S., Batka, M., Vannuccini, S., Dey, M. M., & Anderson, J. L. (2015). Fish to 2030: The role and opportunity for aquaculture. Aquaculture Economics & Management, 193, 282–300.
   Google Scholar
• Kouka, P. J., & Engle, C. R. (1998). An estimation of supply in the catfish industry. Journal of Applied Aquaculture, 8(3), 1–15. https://doi.org/10.1300/J028v08n03_01
   Google Scholar
• Kumar, G., & Engle, C. R. (2016). Technological advances that led to growth of shrimp, salmon, and tilapia farming. Reviews in Fisheries Science & Aquaculture, 24(2), 136–152. https://doi.org/10.1080/23308249.2015.1112357
   Web of Science ®Google Scholar
• Lamprakis, A., Avdic-Mravlje, E., Marques, A. C. B., Cano, S., Capelle, J. J., Carvalho, N., Cozzolino, M., Dennis, J., Ellis, T., Fernández Polanco, J. M., Guillen, J., Lasner, T., Le Bihan, V., Llorente, I., Mol, A., Nicheva, S., Nielsen, R., van Oostenbrugge, H., Villasante, S., … Asche, F. (2021). The decline of mussel aquaculture in the European Union: Causes, economic impacts and opportunities. Reviews in Aquaculture, 13(1), 91–118.
   Google Scholar
• Llorente, I., Fernández-Polanco, J., Baraibar-Diez, E., Odriozola, M. D., Bjørndal, T., Asche, F., Guillen, J., Avdelas, L., Nielsen, R., Cozzolino, M., Luna, M., Fernández-Sánchez, J. L., Luna, L., Aguilera, C., & Basurco, B. (2020). Assessment of the economic performance of the seabream and seabass aquaculture industry in the European Union. Marine Policy, 117, 103876. https://doi.org/10.1016/j.marpol.2020.103876
   Web of Science ®Google Scholar
• Muhammad, A., Neal, S. J., Hanson, T. R., & Jones, K. G. (2010). The impact of catfish imports on the US wholesale and farm sectors. Agricultural and Resource Economics Review, 39(3), 429–441. https://doi.org/10.1017/S1068280500007425
   Google Scholar
• National Oceanic and Atmospheric Administration (2021). US Trade in Fishery Products. Online database.
   Google Scholar
• Norman-Lopez, A., & Asche, F. (2008). Competition between imported tilapia and us catfish in the US market. Marine Resource Economics, 23(2), 199–214. https://doi.org/10.1086/mre.23.2.42629611
   Web of Science ®Google Scholar
• Quagrainie, K. K., & Engle, C. R. (2002). Analysis of catfish pricing and market dynamics: The role of imported catfish. Journal of the World Aquaculture Society, 33(4), 389–397. https://doi.org/10.1111/j.1749-7345.2002.tb00018.x
   Web of Science ®Google Scholar
• Rabbani, A. G., Dey, M. M., & Singh, K. (2011). Determinants of catfish, Basa and TRA importation into the USA: An application of an augmented gravity model. Aquaculture Economics & Management, 15(3), 230–244. https://doi.org/10.1080/13657305.2011.598215
   Google Scholar
• Scuderi, S. B., & Chen, X. (2018). Assessing price integration and trade policy in the US catfish market. Aquaculture Economics & Management, 22(1), 112–130. https://doi.org/10.1080/13657305.2017.1329361
   Web of Science ®Google Scholar
• Sumner, D. A. (2009). Recent commodity price movements in historical perspective. American Journal of Agricultural Economics, 91(5), 1250–1256. https://doi.org/10.1111/j.1467-8276.2009.01292.x
   Google Scholar
• Surathkal, P., & Dey, M. M. (2020). Import penetration and price relationships: An empirical analysis of the US catfish market. Aquaculture Economics & Management, 24(2), 143–160. https://doi.org/10.1080/13657305.2019.1699199
   Web of Science ®Google Scholar
• United States Department of Agriculture, Economic Research Service (2021). Aquaculture Data. https://www.ers.usda.gov/data-products/aquaculture-data/
   Google Scholar
• United States Department of Agriculture. (2021). Agricultural Marketing Service. https://www.ams.usda.gov/
   Google Scholar
• Van Senten, J., Dey, M. M., & Engle, C. R. (2018). Effects of regulations on technical efficiency of US baitfish and sportfish producers. Aquaculture Economics & Management, 22(3), 284–305. https://doi.org/10.1080/13657305.2018.1454539
   Web of Science ®Google Scholar
• Wright, B. D. (2011). The economics of grain price volatility. Applied Economic Perspectives and Policy, 33(1), 32–58. https://doi.org/10.1093/aepp/ppq033
   Web of Science ®Google Scholar