Abstract
Price volatility spillovers in the U.S. catfish supply chain are analyzed based on monthly price data from 1980 through 2000 for catfish feed, its ingredients, and farm- and wholesale-level catfish. The exponential generalized autoregressive conditional heteroskedasticity (EGARCH) model was used to test univariate volatility spillovers for prices in the supply chain. Strong price volatility spillover from feeding material (corn, soybeans, menhaden) to catfish feed and farm- and wholesale-level catfish prices was detected.
| Original language | English |
|---|---|
| Pages (from-to) | 86-99 |
| Number of pages | 14 |
| Journal | Journal of Agricultural and Resource Economics |
| Volume | 28 |
| Issue number | 1 |
| State | Published - Apr 2003 |
Keywords
- Catfish
- EGARCH
- Vertical market chains
- Volatility spillover
Fingerprint Dive into the research topics of 'Price volatility spillover in agricultural markets: An examination of U.S. catfish markets'. Together they form a unique fingerprint.
Cite this
Buguk, C., Hudson, D., & Hanson, T. (2003). Price volatility spillover in agricultural markets: An examination of U.S. catfish markets. Journal of Agricultural and Resource Economics, 28(1), 86-99.