|
AgEcon Search >
Agricultural and Applied Economics Association >
2010 Annual Meeting, July 25-27, 2010, Denver, Colorado >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/61585
|
| Title: | Market Integration for Shrimp and the Effect of Catastrophic Events |
| Authors: | Harri, Ardian
Muhammad, Andrew
Jones, Keithly G. |
| Authors (Email): | Harri, Ardian (Harri@agecon.msstate.edu) |
| Keywords: | catastrophic events
cointegration
market integration
seasonal unit-roots
spillover
effects |
| JEL Codes: | C13
Q11
Q13 |
| Issue Date: | 2010-07 |
| Series/Report no.: | Selected Paper
11737 |
| Abstract: | Seasonal unit-root testing and seasonal cointegration methods are employed to investigate the price transmission in U.S. shrimp markets. ARIMA and Vector Error Correction Models (VECM) are used to identify the effect of catastrophic events on individual price series in one region and the spillover effects in the price series for other regions. Results showed that a
cointegrating relation exists between neighboring states, specifically between Alabama and Mississippi and Louisiana and Texas. Cointegrating relations also exist between the Gulf States and the Pacific region, but not the Atlantic region, and the price of imported shrimp is cointegrated with each of the domestic shrimp price series. Finally, while Katrina had an effect
on shrimp prices in Gulf States, the effect was not long lasting. |
| URI: | http://purl.umn.edu/61585 |
| Institution/Association: | Agricultural and Applied Economics Association>2010 Annual Meeting, July 25-27, 2010, Denver, Colorado |
| Total Pages: | 26 |
| Collections: | 2010 Annual Meeting, July 25-27, 2010, Denver, Colorado
|
Files in This Item:
| File |
Description |
Size | Format |
|---|
| AAEA 2010 Shrimp.pdf | | 230Kb | PDF | View/Open |
|
Recommend this item
All items in AgEcon Search are protected by copyright.
|
