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dc.contributorResearch Nucleus on Environmental and Natural Resource Economics (Project NS 100007, CONICYT-PCHA/Magíster Nacional/2013-22130329, CONICYT/FONDAP/15110027en-US
dc.creatorQuezada, Felipe
dc.creatorDresdner, Jorge
dc.date2017-03-08
dc.date.accessioned2020-11-05T13:35:19Z
dc.date.available2020-11-05T13:35:19Z
dc.identifierhttp://lajar.ucv.cl/index.php/rlajar/article/view/vol42-issue5-fulltext-13
dc.identifier10.3856/vol42-issue5-fulltext-13
dc.identifier.urihttps://revistaschilenas.uchile.cl/handle/2250/158531
dc.descriptionIn this study we analyzed price determination throughout the Chilean hake market chain. To analyze the relationship between different prices participating in this chain, a VECM model was successfully estimated. One cointegration vector was identified. Tests for weak exogenous variables, causality, and significance of different variables were performed, and a parsimonious version of the model was selected. The results obtained in this paper outline a price determination process that, in the end, is governed by world market conditions. Moreover, the diverse links in the hake market chain seem to be well integrated, which implies that there is little room for domestic price determination.en-US
dc.formatapplication/pdf
dc.languageeng
dc.publisherPontificia Universidad Católica de Valparaísoen-US
dc.relationhttp://lajar.ucv.cl/index.php/rlajar/article/view/vol42-issue5-fulltext-13/413
dc.sourceLatin American Journal of Aquatic Research; Vol 42, No 5 (2014); 1087-1098en-US
dc.sourcePlataforma para envío de artículos - Latin American Journal of Aquatic Research; Vol 42, No 5 (2014); 1087-1098es-ES
dc.source0718-560X
dc.source0718-560X
dc.subjecthake; fish price determination; time series; market chain; cointegration; market integration; Chileen-US
dc.titleThe behavior of hake prices in Chile: is the world market leading?en-US
dc.typeinfo:eu-repo/semantics/article
dc.typeinfo:eu-repo/semantics/publishedVersion
dc.typeen-US
dc.typees-ES


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