To What Extent Does the Market Price of Imported Fishmeal Affect the Market Price of Pisciculture Products in Japan? The Case of Yellowtail and Sea Bream  

To What Extent Does the Market Price of Imported Fishmeal Affect the Market Price of Pisciculture Products in Japan? The Case of Yellowtail and Sea Bream

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作  者:Yoshifumi Takahashi 

机构地区:[1]Research Center for Coastal Fisheries and Aquaculture, Tohoku National Research Institute, Shiogama 985-0001, Japan

出  处:《Journal of Agricultural Science and Technology(B)》2014年第7期565-570,共6页农业科学与技术(B)

摘  要:This study investigates the extent of the influence of imported fishmeal price changes on the market price of pisciculture products. To date, there have been only a few insufficient researches on this topic in Japan. This paper aims to reveal the causality relationship between the market price of imported fishmeal and the market price of pisciculture products using the granger causality test, and to simulate the market price of pisciculture products using impulse response functions as the price of imported fishmeal increases. The results of the granger causality test and impulse response function analyses were as follows: (1) there is a market linkage from the price of imported fishmeal to the market price of sea bream, but no causality with the market price yellowtail; and (2) this has a positive impact on the market price of sea bream when the price of imported fishmeal changes. Moreover, spillover effects were noticed in this simple scenario (at a market price of 800 yen/kg and one unit shock of 1 yen) of about 3 yen/kg.

关 键 词:Market price ofpisciculture market price of imported fishmeal granger causality test impulse response functions. 

分 类 号:S831.5[农业科学—畜牧学] N945.1[农业科学—畜牧兽医]

 

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