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Market Integration between Cultured and Captured Species in Developing Countries: Lessons from Inland Areas in Bangladesh

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dc.contributor.author Hossain, A.
dc.contributor.author Ankamah-Yeboah, I.
dc.contributor.author Huda, F.A.
dc.contributor.author Badiuzzaman
dc.contributor.author Nielsen, M.
dc.date.accessioned 2021-12-20T12:03:02Z
dc.date.available 2021-12-20T12:03:02Z
dc.date.issued 2021
dc.identifier.other http://dx.doi.org/10.1086/712802
dc.identifier.uri http://ugspace.ug.edu.gh/handle/123456789/37334
dc.description Research Article en_US
dc.description.abstract The study tested market integration between cultured fish (tilapia and pangasius) against captured fish (hilsa, swamp barb, prawn, wallago, and long-whiskered catfish) in the domestic market of Bangladesh. The Johansen cointegration framework was applied to identify market integration between cultured and captured species using monthly wholesale price data for the period January 2010 to May 2017. The study showed that the law of one price was rejected in all market pairs except the pangasius and long-whiskered catfish pair, suggesting imperfectly integrated markets. The study revealed mixed evidence of weak exogeneity tests, including cul tured and captured led markets as well as bidirectional relationships. Given the fact that cultured fish accounts for a substantial market share, the implication is that the supply growth of aquaculture, all other things being equal, reduces captured fish prices and, subsequently, reduces overexploitation, overcapacity, and the number of fishers in a situation where overexploitation is prevalent. This appears to lead to a double gain in the long run, with fish farmers producing and fishers catching more fish. en_US
dc.language.iso en_US en_US
dc.subject Captured fish en_US
dc.subject competition en_US
dc.subject cultured fish en_US
dc.subject error correction model en_US
dc.subject law of one price en_US
dc.subject market integration en_US
dc.subject vector en_US
dc.title Market Integration between Cultured and Captured Species in Developing Countries: Lessons from Inland Areas in Bangladesh en_US
dc.type Article en_US


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