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Market integration between wild and farmed seabream and seabass in Spain

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  • Trond Bjørndal
  • Jordi Guillen

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.

Suggested Citation

  • Trond Bjørndal & Jordi Guillen, 2017. "Market integration between wild and farmed seabream and seabass in Spain," Applied Economics, Taylor & Francis Journals, vol. 49(45), pages 4567-4578, September.
    • Handle: RePEc:taf:applec:v:49:y:2017:i:45:p:4567-4578
    DOI: 10.1080/00036846.2017.1287856
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    Cited by:

    1. Sean Pascoe & Peggy Schrobback & Eriko Hoshino & Robert Curtotti, 2023. "Impact of changes in imports and farmed salmon on wild-caught fish prices in Australia," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 50(2), pages 335-359.
    2. Raquel Fernández‐González & Marcos I. Pérez‐Pérez & María Dolores Garza Gil, 2021. "Market concentration in the Spanish turbot aquaculture sector: A regional analysis," Papers in Regional Science, Wiley Blackwell, vol. 100(3), pages 777-794, June.
    3. Basak Bayramoglu, 2019. "Price interactions between wild and farmed products: Turkish sea bass and sea bream markets," Post-Print hal-02171431, HAL.

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