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DOI | 10.3856/VOL42-ISSUE5-FULLTEXT-13 | ||||||
Año | 2014 | ||||||
Tipo | artículo de investigación |
Citas Totales
Autores Afiliación Chile
Instituciones Chile
% Participación
Internacional
Autores
Afiliación Extranjera
Instituciones
Extranjeras
In this study we analyzed price determination throughout the Chilean hake market chain. To analyze the relationship between different prices participating in this chain, a VECM model was successfully estimated. One cointegration vector was identified. Tests for weak exogenous variables, causality, and significance of different variables were performed, and a parsimonious version of the model was selected. The results obtained in this paper outline a price determination process that, in the end, is governed by world market conditions. Moreover, the diverse links in the hake market chain seem to be well integrated, which implies that there is little room for domestic price determination.
Ord. | Autor | Género | Institución - País |
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1 | Quezada, Felipe | Hombre |
Universidad de Concepción - Chile
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1 | Dresdner Cid, JORGE DAVID | Hombre |
Universidad de Concepción - Chile
Centro Interdisciplinario de Investigación en Acuicultura Sustentable - Chile |
Fuente |
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CONICYT |
CONICYT/FONDAP |
Chilean Ministry of Economics, Promotion and Tourism |
Iniciativa Cientifica Milenio of the Chilean Ministry of Economics, Promotion and Tourism |
Agradecimiento |
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Dresdner acknowledges gratefully partial financial support from Iniciativa Cientifica Milenio of the Chilean Ministry of Economics, Promotion and Tourism, under project NS 100007 and from CONICYT/FONDAP/15110027. Quezada gratefully acknowledges a grant from Iniciativa Cientifica Milenio of the Chilean Ministry of Economics, Promotion and Tourism, under project NS 100007. |