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Market integration between wild and farmed seabream and seabass in Spain

Bjørndal, Trond; Guillen, Jordi
Journal article, Peer reviewed
Accepted version
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URI
http://hdl.handle.net/11250/2460653
Date
2017
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  • Institutt for internasjonal forretningsdrift [200]
  • Publikasjoner fra CRIStin - NTNU [20946]
Original version
Applied Economics. 2017, 49 (45), 4567-4578.   10.1080/00036846.2017.1287856
Abstract
Gilthead seabream (Sparus aurata) and European seabass (Dicentrarchus labrax) production from aquaculture has been increasing since the 1990s. Nowadays, about 95% of their production comes from aquaculture. In this study, we analyse if the rapid growth in the aquaculture production of both species has affected the capture fisheries prices of both species. In other words, we investigate if there is market integration between wild and farmed gilthead seabream and European seabass. In order to do this analysis, we use data from the main gilthead seabream and European seabass markets in Spain. The results show that there is no market integration between wild and farmed gilthead seabream and European seabass. This implies that capture fisheries are not affected by increases in the aquaculture production of both species. But gilthead seabream and European seabass aquaculture producers face a smaller demand that explains the difficulties this aquaculture segment is facing.
Publisher
Taylor & Francis
Journal
Applied Economics

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