search query: @author Squires, D. / total: 4
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Author:Elston, J. A.
Hastie, J. D.
Squires, D.
Title:Market linkages between the U.S. and Japan: an application to the fisheries industry
Journal:Japan and the World Economy
1999 : DEC, VOL. 11:4, p. 517-530
Index terms:Markets
Fishing industry
USA
Japan
Freeterms:Price linkages
Language:eng
Abstract:Recent trends in globalization of Pacific Basin commodity markets raises important questions concerning the nature of market integration and price linkages. This paper examines this issue by testing for price linkages btw. the United States and Japan for two species. Empirical results indicate segmentation of price linkages for sablefish but probable price linkages for some thornyhead markets. Findings suggest that markets for these species may be less sensitive to price changes in Japan than would be expected based on commodity flows.
SCIMA record nr: 199936
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