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|Title:||Market integration between wild and farmed seabream and seabass in Spain|
|Authors:||BJORNDAL TROND; GUILLEN GARCIA JORDI|
|Citation:||APPLIED ECONOMICS vol. 49 no. 45 p. 4567-4578|
|Type:||Articles in periodicals and books|
|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 analyze 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 that are situated in Southern Europe: Spain and France. 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.|
|JRC Directorate:||Sustainable Resources|
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