@article{fdi:010086753,
  title = {{P}rice transmission between energy and fish markets : are oil rates good predictors of tuna prices ?},
  author = {{G}uillotreau, {P}atrice and {L}antz, {F}. and {N}adzon, {L}. and {R}ault, {J}onathan and {M}aury, {O}livier},
  editor = {},
  language = {{ENG}},
  abstract = {{B}ecause most food processes are fossil fuel-based, many food markets are more or less connected to the oil market. {F}ishing technology in the high seas being energy-intensive, higher oil prices should affect the fish markets. {T}his research looks at price transmission between marine diesel oil and a global fishery commodity, frozen skipjack tuna ({K}atsuwonus pelamis) through a time series analysis combining four different methods to look for possible structural breaks and regime shifts in the relationship ({B}ai-{P}erron, {L}avielle, {G}regory-{H}ansen, {M}arkov-switching). {O}ur results prove that the long-run equilibrium between both prices is weakening after the turn of the 2010s. {E}xplaining the drivers of change is of great interest for short-term forecast but also to build long-term scenarios where both supply and demand variables are likely to affect tuna markets.},
  keywords = {{C}ointegration ; oil and tuna markets ; regime shift ; structural breaks ; {MONDE}},
  booktitle = {},
  journal = {{M}arine {R}esource {E}conomics},
  volume = {38},
  numero = {1},
  pages = {29--46},
  ISSN = {0738-1360},
  year = {2023},
  DOI = {10.1086/722490},
  URL = {https://www.documentation.ird.fr/hor/fdi:010086753},
}