Abstract
This paper examines the evidence for seasonal effects and cointegration between fisheries prices of main species landed into Cornwall. This is the first comprehensive study of fisheries seasonality. The results show significant monthly effects in April and negative monthly effects in February. We also find cointegration between prices, and show that in the long run prices are converged. The results also reveal that Granger causality is unidirectional in fourteen cases and bi-directional in six cases. Examining the form and magnitude of seasonal fluctuations and fish price linkages can be beneficial to fisheries managers in their decisions regarding policy, development and management.
Original language | English |
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Pages (from-to) | 27-52 |
Number of pages | 26 |
Journal | International Journal of Applied Econometrics and Quantitative Studies |
Volume | 1 |
Issue number | 4 |
Publication status | Published - 2004 |