Title
Market Linkages Between The U.S. And Japan: An Application To The Fisheries Industry
Keywords
D0; F0; Granger causality; Japan; Price linkages; Q0
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 between the United States and Japan for two species whose exports from the U.S. to Japan have risen considerably over the past decade. 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.
Publication Date
1-1-1999
Publication Title
Japan and the World Economy
Volume
11
Issue
4
Number of Pages
517-530
Document Type
Article
Personal Identifier
scopus
DOI Link
https://doi.org/10.1016/s0922-1425(99)00010-9
Copyright Status
Unknown
Socpus ID
0346873962 (Scopus)
Source API URL
https://api.elsevier.com/content/abstract/scopus_id/0346873962
STARS Citation
Ann Elston, Julie; Hastie, James D.; and Squires, Dale, "Market Linkages Between The U.S. And Japan: An Application To The Fisheries Industry" (1999). Scopus Export 1990s. 3834.
https://stars.library.ucf.edu/scopus1990/3834