공적분 검정을 이용한 도루묵 어획량과 시장가격 간의 관계분석
An analysis on the relationship between prices and catch amounts of sandfish using a cointegration test
0
조회
0
다운로드
9
인용
0
참고문헌
키워드
초록
This study aimed to analyze the relationship between catch amount and market price of sandfish for improvement of fishing revenues and effective fisheries management. By estimating the sandfish price function by fishery, the study tried to investigate changes of prices by catch amount as well as changes of fishing revenues by catch amount and price. Results showed that time series data on catch and price were estimated to be non-stationary from unit root tests, but long-term equilibrium relations between catch amount and price were found from a cointegration analysis. Results of regression analyses indicated that the catch amount would have negative impacts on prices of sandfish in both coastal gillnet and danish seine fisheries.
Abstract
This study aimed to analyze the relationship between catch amount and market price of sandfish for improvement of fishing revenues and effective fisheries management. By estimating the sandfish price function by fishery, the study tried to investigate changes of prices by catch amount as well as changes of fishing revenues by catch amount and price. Results showed that time series data on catch and price were estimated to be non-stationary from unit root tests, but long-term equilibrium relations between catch amount and price were found from a cointegration analysis. Results of regression analyses indicated that the catch amount would have negative impacts on prices of sandfish in both coastal gillnet and danish seine fisheries.
참고문헌 (12)
- The state of world fisheries and aquaculture, "FAO", FAO, ~ (2014)
- Gujarati D, "Econometrics by Example" (2011), Macmillan Publishers
- Hill R, "Principles of Econometrics" (2007), John Wiley
- Johansen S, "Statistical analysis of cointegration vectors", J Econo Dyna Cont, 12, pp.231~254 (1988)[DOI]
- Johansen S, "Estimation and hypothesis testing of cointegration vectors in Gaussian autoregressive models", Econometrica, 59, pp.1551~1580 (1991)[DOI]
- The Concept of Fish Stock Rebuilding Plan and Implementing Ways, "Kim DH", Korea Maritime Institute, ~ (2004)
- A Study on Mid- and Long-term Implementation of Fish Stock Rebuilding Plan, "Ministry of Oceans and Fisheries", ~ (2005)
- Ministry of Oceans and Fisheries, "Fisheries Production Statistics", ~ (2014)
- 2014 Regional Fisheries Science Committee for Fish Stock Rebuilding Plan, "Ministry of Oceans and Fisheries", Ministry of Oceans and Fisheries, ~ (2014)
- OECD, "The Economics of Adapting fisheries to Climate Change" (2010), OECD Publishing
- OECD, "Rebuilding Fisheries : The Way Forward" (2012), OECD Publishing
- Song IH, "Econometric Analysis using SAS and Eviews" (2002), Samyoungsa