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Fisheries Science

, Volume 80, Issue 6, pp 1347–1358 | Cite as

Price integration in the farmed and wild fish markets in Uganda

  • James O. BukenyaEmail author
  • Maurice Ssebisubi
Original Article Social Science

Abstract

This paper looks at price integration in the aquaculture and wild-harvested African catfish market channels in Uganda. The issue of integration between the two market channels is important because African catfish has become an important traded species in Uganda with exports to regional markets rising even faster than production, yet limited research has been undertaken to understand price formation in the supply chain. The analysis draws on monthly price data from January 2006 to August 2013, and applies threshold autoregressive approaches to test for the existence of a long-run relationship and price asymmetry and to determine the time path needed for shocks to be transmitted from one market channel to the other. The results show that, over the studied period prices in both market channels are linked in the long-run, implying that farm-raised catfish forms part of the same market as wild-harvested catfish in the country. The findings have strong implications for aquaculture producers and artisanal fishers as they can serve as a basis for more efficient farm management and marketing decisions.

Keywords

African catfish Price transmission Price linkages Supply chain 

JEL classifications

Q11 Q13 Q22 

Notes

Acknowledgments

We would like to thank the two anonymous reviewers for their constructive comments. This research is a component of AquaFish, supported by USAID CA/LWA No. EPP-A-00-06-00012-00, and by contributions from the participating institutions. The AquaFish accession number is 1426. The opinions expressed herein are those of the authors and do not necessarily reflect the views of AquaFish or the US Agency for International Development.

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Copyright information

© Japanese Society of Fisheries Science 2014

Authors and Affiliations

  1. 1.Nanjing University of Information Science and TechnologyNanjingChina
  2. 2.Alabama A and M UniversityNormalUSA
  3. 3.Aquaculture Management ConsultantsKampalaUganda

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