Currently several scientific papers written by SUCCESS' partners are being submitted to scientific revues.
Their abstract will be put online in this section as soon as they will be published.
Published in Marine Policy, Vol.84, October 2017, p52-59
Available on ScienceDirect at http://www.sciencedirect.com/science/article/pii/S0308597X17300052
Cod and haddock are two of the “big 5” UK supermarket fish species and intrinsic to fish and chip shops nationwide. UK whitefish fleets produce a significant amount, however there is a reliance on imports to maintain supply. The UK is in a strong position to compete for raw material from Iceland and Norway given high prices paid for imports and investment by Icelandic and Norwegian companies in the UK. Regarding UK production of whitefish, the European Common Fisheries Policy landing obligation has introduced significant uncertainty. To avoid discarding of any quota stock, fishing may be stopped before all target stocks quota is reached. For demersal fleets, there is a transition period between 2016 and 18 where target stocks are introduced according to Advisory Council and EU agreement and Article 15, with all quota stocks from 2019. As the capacity of the fleets balance to the new regulations, supply will likely return and if maximum sustainable yield (MSY) is reached in 2020 then an increase in TACs from current levels is likely too. However, markets and industries can change in a short period. Particularly, most processing companies are small to medium size enterprises and those that concentrate on cod and haddock may have to adjust their business. Fleets could be resilient to such short term reductions in landings however this cannot be assumed. The competitiveness of producers will surely be affected in the short to medium term as a result.
Methods of price integration have been used to test price competition and transmission in the value chain of a selected group of seafood commodities imported into the Spanish market from developed and developing countries. The selected commodities are salted cod and frozen hake (whole and fillets) and frozen squid. The models studied involve data on prices of imports from different countries and of domestic retail. With the exception of frozen whole hake, price competition across exporters has been found in all the other commodities. Price and quality leaders have been identified in all cases. Price transmission has also been verified in salted cod, frozen hake fillets and frozen squid. Results of this analysis indicate that bargaining power is more likely to be exerted by Spanish importers when the trade partners are developing countries, such as in the case of hake and squid. On the contrary, when exporters are based in developed countries, as is the case for salted cod, bargaining power is more likely to be exerted by exporters than by importers.
Job Number: I5955