dc.contributor | Research Nucleus on Environmental and Natural Resource Economics (Project NS 100007, CONICYT-PCHA/Magíster Nacional/2013-22130329, CONICYT/FONDAP/15110027 | en-US |
dc.creator | Quezada, Felipe | |
dc.creator | Dresdner, Jorge | |
dc.date | 2017-03-08 | |
dc.date.accessioned | 2020-11-05T13:35:19Z | |
dc.date.available | 2020-11-05T13:35:19Z | |
dc.identifier | http://lajar.ucv.cl/index.php/rlajar/article/view/vol42-issue5-fulltext-13 | |
dc.identifier | 10.3856/vol42-issue5-fulltext-13 | |
dc.identifier.uri | https://revistaschilenas.uchile.cl/handle/2250/158531 | |
dc.description | In 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.format | application/pdf | |
dc.language | eng | |
dc.publisher | Pontificia Universidad Católica de Valparaíso | en-US |
dc.relation | http://lajar.ucv.cl/index.php/rlajar/article/view/vol42-issue5-fulltext-13/413 | |
dc.source | Latin American Journal of Aquatic Research; Vol 42, No 5 (2014); 1087-1098 | en-US |
dc.source | Plataforma para envío de artículos - Latin American Journal of Aquatic Research; Vol 42, No 5 (2014); 1087-1098 | es-ES |
dc.source | 0718-560X | |
dc.source | 0718-560X | |
dc.subject | hake; fish price determination; time series; market chain; cointegration; market integration; Chile | en-US |
dc.title | The behavior of hake prices in Chile: is the world market leading? | en-US |
dc.type | info:eu-repo/semantics/article | |
dc.type | info:eu-repo/semantics/publishedVersion | |
dc.type | | en-US |
dc.type | | es-ES |