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Product differentiation and dynamic price behavior in fish markets.


Abstract

The objective of this paper is to estimate the dynamics of aquaculture and fish prices as a rejoinder to price shocks. The vector autoregression approach will be used to explain the dynamics of the sea bream market in the one and the other cultured and wild fishing. The main ensue is that changes in public regulation or in production conditions could stimulate production replications which may take time to bench Usually, the change is a matter of adjusting between equilibria above a period of time, with the pattern and spe of the adjustment, depending upon the nature and degree of disequilibrium in the


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