Price transmission asymmetry of selected fishes in Bangladesh: An econometric and value chain analysis

Learning the extent of price volatility is critical to ensure the producer and consumer's economic welfare. Hence, we have envisioned assessing the price transmission relationship over time among the farmgate, wholesale, and retail markets for the four major aquaculture products, namely Rui, Ca...

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Bibliographic Details
Published in:Aquaculture economics & management 2023-10, Vol.27 (4), p.638-665
Main Authors: Acharjee, Debasish Chandra, Gosh, Kamal, Alam, G. M. Monirul, Haque, A. B. M Mahfuzul, Sayem, Sheikh Mohammad, Hossain, Mohammad Ismail
Format: Article
Language:English
Subjects:
Aquaculture
Aquaculture products
Asymmetry
Butter
Causality test
Coefficient of variation
Error correction
Fish
fish market integration
Polyculture (aquaculture)
price transmission
Prices
statistical modeling
Tilapia
value chain
Value chains
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Summary:Learning the extent of price volatility is critical to ensure the producer and consumer's economic welfare. Hence, we have envisioned assessing the price transmission relationship over time among the farmgate, wholesale, and retail markets for the four major aquaculture products, namely Rui, Catla, Tilapia and Pangas in Bangladesh. The Granger causality test examined the causal relationships among the farmgate, wholesale and retail fish prices. The Houck/Ward and error correction approach was also applied to study their price transmission pattern. Results indicate that the retail price leads the wholesale and farmgate price. In most cases, the coefficient of variation decreases as the fish handover from the farmgate to retail levels. Out of 15 pairs of farmgate, wholesale, and retail price-series analyzed, 14 pairs are co-integrated (p 
ISSN:1365-7305
1551-8663
DOI:10.1080/13657305.2022.2163720