메뉴 건너뛰기




Volumn 106, Issue 3, 2010, Pages 420-429

Fractional integration analysis and its implications on profitability: The case of the mackerel market in the Basque Country

Author keywords

Fishing market; Impulse response function; Long memory; Mackerel; Seasonality

Indexed keywords


EID: 78149416495     PISSN: 01657836     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.fishres.2010.09.015     Document Type: Article
Times cited : (9)

References (36)
  • 1
    • 0038622575 scopus 로고
    • Inappropriate use of seasonal dummies in regression
    • Abeysinghe T. Inappropriate use of seasonal dummies in regression. Econ. Lett. 1991, 36:175-179.
    • (1991) Econ. Lett. , vol.36 , pp. 175-179
    • Abeysinghe, T.1
  • 2
    • 38149143560 scopus 로고
    • Deterministic seasonal models and spurious regressions
    • Abeysinghe T. Deterministic seasonal models and spurious regressions. J. Econometrics 1994, 61:259-272.
    • (1994) J. Econometrics , vol.61 , pp. 259-272
    • Abeysinghe, T.1
  • 3
    • 0022614757 scopus 로고
    • Long-memory time series models
    • Andel J. Long-memory time series models. Kybernetica 1986, 22:105-123.
    • (1986) Kybernetica , vol.22 , pp. 105-123
    • Andel, J.1
  • 4
    • 0040080054 scopus 로고    scopus 로고
    • Semiparametric robust tests on seasonal or cyclical long memory time series
    • Arteche J. Semiparametric robust tests on seasonal or cyclical long memory time series. J. Time Ser. Anal. 2002, 23:251-285.
    • (2002) J. Time Ser. Anal. , vol.23 , pp. 251-285
    • Arteche, J.1
  • 5
    • 36248942452 scopus 로고    scopus 로고
    • The analysis of seasonal long memory: the case of Spanish inflation
    • Arteche J. The analysis of seasonal long memory: the case of Spanish inflation. Oxford B: Econ. Stat. 2007, 69:749-772.
    • (2007) Oxford B: Econ. Stat. , vol.69 , pp. 749-772
    • Arteche, J.1
  • 6
    • 0001935502 scopus 로고    scopus 로고
    • Semiparametric inference in seasonal and cyclical long memory processes
    • Arteche J., Robinson P.M. Semiparametric inference in seasonal and cyclical long memory processes. J. Time Ser. Anal. 2000, 21:1-25.
    • (2000) J. Time Ser. Anal. , vol.21 , pp. 1-25
    • Arteche, J.1    Robinson, P.M.2
  • 7
    • 17944366620 scopus 로고
    • Inference for unstable long-memory processes with applications to fractional unit root autoregressions
    • Chan N.H., Terrin N. Inference for unstable long-memory processes with applications to fractional unit root autoregressions. Ann. Stat. 1995, 23:1662-1683.
    • (1995) Ann. Stat. , vol.23 , pp. 1662-1683
    • Chan, N.H.1    Terrin, N.2
  • 8
    • 0001403934 scopus 로고
    • Limiting distributions of least squares estimates of unstable autoregressive processes
    • Chan N.H., Wei C.Z. Limiting distributions of least squares estimates of unstable autoregressive processes. Ann. Stat. 1988, 16:367-401.
    • (1988) Ann. Stat. , vol.16 , pp. 367-401
    • Chan, N.H.1    Wei, C.Z.2
  • 9
    • 0033713959 scopus 로고    scopus 로고
    • On the purchasing power parity puzzle
    • Cheung Y.W., Lai K.S. On the purchasing power parity puzzle. J. Int. Econ. 2000, 52:321-330.
    • (2000) J. Int. Econ. , vol.52 , pp. 321-330
    • Cheung, Y.W.1    Lai, K.S.2
  • 10
    • 0042761977 scopus 로고    scopus 로고
    • Long memory and nonlinear mean revision in Japanese yen-based real exchange rates
    • Cheung Y.W., Lai K.S. Long memory and nonlinear mean revision in Japanese yen-based real exchange rates. J. Int. Money Financ. 2001, 20:115-132.
    • (2001) J. Int. Money Financ. , vol.20 , pp. 115-132
    • Cheung, Y.W.1    Lai, K.S.2
  • 11
    • 78149416636 scopus 로고
    • Mecanismos de coordinación y competitividad: la subasta de frutas de la Almunia (Zaragoza)
    • Compés R. Mecanismos de coordinación y competitividad: la subasta de frutas de la Almunia (Zaragoza). Rev. Estud. Agrosoc. 1994, 168:295-322.
    • (1994) Rev. Estud. Agrosoc. , vol.168 , pp. 295-322
    • Compés, R.1
  • 12
    • 85036258669 scopus 로고
    • Distribution of the estimators for autoregressive time series with a unit root
    • Dickey D., Fuller W. Distribution of the estimators for autoregressive time series with a unit root. J. Am. Stat. Assoc. 1979, 74:427-431.
    • (1979) J. Am. Stat. Assoc. , vol.74 , pp. 427-431
    • Dickey, D.1    Fuller, W.2
  • 13
    • 0000472488 scopus 로고
    • Likelihood ratio statistics for autoregressive time series with a unit root
    • Dickey D., Fuller W. Likelihood ratio statistics for autoregressive time series with a unit root. Econometrica 1981, 56:1057-1071.
    • (1981) Econometrica , vol.56 , pp. 1057-1071
    • Dickey, D.1    Fuller, W.2
  • 14
    • 54149103658 scopus 로고    scopus 로고
    • Testing for long memory in daily fisheries and aquaculture prices: new evidence
    • Floros C., Avdelas L., Papacharisis L. Testing for long memory in daily fisheries and aquaculture prices: new evidence. Eur. J. Sci. Res. 2008, 21:189-195.
    • (2008) Eur. J. Sci. Res. , vol.21 , pp. 189-195
    • Floros, C.1    Avdelas, L.2    Papacharisis, L.3
  • 15
    • 54149090211 scopus 로고    scopus 로고
    • Testing for long memory in the fisheries prices: evidence from Cornwall
    • Floros C., Failler P. Testing for long memory in the fisheries prices: evidence from Cornwall. Int. J. Econ. Perspect. 2007, 1:23-29.
    • (2007) Int. J. Econ. Perspect. , vol.1 , pp. 23-29
    • Floros, C.1    Failler, P.2
  • 17
    • 67650193424 scopus 로고    scopus 로고
    • The persistence of inflation in OECD countries: a fractionally integrated approach
    • Gadea M.D., Mayoral L. The persistence of inflation in OECD countries: a fractionally integrated approach. Int. J. Cent. Bank. 2006, 2:51-104.
    • (2006) Int. J. Cent. Bank. , vol.2 , pp. 51-104
    • Gadea, M.D.1    Mayoral, L.2
  • 18
    • 78149411131 scopus 로고    scopus 로고
    • Integración vertical en el mercado del verdel en el País Vasco
    • García J., Arteche J., Murillas A. Integración vertical en el mercado del verdel en el País Vasco. Rev. Estud. Agrosoc. Pesq. 2009, 223:139-169.
    • (2009) Rev. Estud. Agrosoc. Pesq. , vol.223 , pp. 139-169
    • García, J.1    Arteche, J.2    Murillas, A.3
  • 19
    • 0035590025 scopus 로고    scopus 로고
    • Testing of seasonal fractional integration in UK and Japanese consumption and income
    • Gil-Alaña L.A., Robinson P.M. Testing of seasonal fractional integration in UK and Japanese consumption and income. J. Appl. Econom. 2001, 16:95-114.
    • (2001) J. Appl. Econom. , vol.16 , pp. 95-114
    • Gil-Alaña, L.A.1    Robinson, P.M.2
  • 20
    • 0001818469 scopus 로고
    • A generalized fractionally differencing approach in long memory modelling
    • Giraitis L., Leipus A. A generalized fractionally differencing approach in long memory modelling. Liet. Matem. Rink. 1995, 35:65-81.
    • (1995) Liet. Matem. Rink. , vol.35 , pp. 65-81
    • Giraitis, L.1    Leipus, A.2
  • 21
    • 0000399388 scopus 로고    scopus 로고
    • On prices of fresh and frozen cod fish in European and U.S. markets
    • Gordon D.V., Hannesson R. On prices of fresh and frozen cod fish in European and U.S. markets. Mar. Resour. Econ. 1996, 11:223-238.
    • (1996) Mar. Resour. Econ. , vol.11 , pp. 223-238
    • Gordon, D.V.1    Hannesson, R.2
  • 22
    • 0000843649 scopus 로고
    • A fish is a fish is a fish? Testing for market linkages on the Paris fish markets
    • Gordon D.V., Salvanes K.G., Atkins F. A fish is a fish is a fish? Testing for market linkages on the Paris fish markets. Mar. Resour. Econ. 1993, 8:331-343.
    • (1993) Mar. Resour. Econ. , vol.8 , pp. 331-343
    • Gordon, D.V.1    Salvanes, K.G.2    Atkins, F.3
  • 23
    • 0001019644 scopus 로고
    • The typical spectral shape of an economic variable
    • Granger C.W.J. The typical spectral shape of an economic variable. Econometrica 1966, 34:150-161.
    • (1966) Econometrica , vol.34 , pp. 150-161
    • Granger, C.W.J.1
  • 25
    • 84981378458 scopus 로고
    • On generalized fractional processes - a correction
    • Gray H.L., Zhang N.F., Woodward W.A. On generalized fractional processes - a correction. J. Time Ser. Anal. 1994, 15:561-562.
    • (1994) J. Time Ser. Anal. , vol.15 , pp. 561-562
    • Gray, H.L.1    Zhang, N.F.2    Woodward, W.A.3
  • 26
    • 0003376032 scopus 로고
    • The estimation of seasonal variation in economic time series
    • Hannan E.J. The estimation of seasonal variation in economic time series. J. Am. Stat. Assoc. 1963, 58:31-44.
    • (1963) J. Am. Stat. Assoc. , vol.58 , pp. 31-44
    • Hannan, E.J.1
  • 27
    • 78149407144 scopus 로고    scopus 로고
    • ICES. Report of the on Widely Distributed Stocks. ICES Document, CM 2009/ACOM. ICES, Copenhagen.
    • ICES, 2009. Report of the on Widely Distributed Stocks. ICES Document, CM 2009/ACOM. ICES, Copenhagen.
    • (2009)
  • 28
    • 33747185047 scopus 로고    scopus 로고
    • Evidence of market price leadership in the Spanish red seabream value chain-Implication for fisheries management
    • Jiménez-Toribio R., García-del-Hoyo J.J. Evidence of market price leadership in the Spanish red seabream value chain-Implication for fisheries management. Fish. Res. 2006, 81:51-59.
    • (2006) Fish. Res. , vol.81 , pp. 51-59
    • Jiménez-Toribio, R.1    García-del-Hoyo, J.J.2
  • 29
    • 25844436889 scopus 로고    scopus 로고
    • The purchasing power parity puzzle is worse than you think
    • Murray C.J., Papell D.H. The purchasing power parity puzzle is worse than you think. Empir. Econ. 2005, 30:783-790.
    • (2005) Empir. Econ. , vol.30 , pp. 783-790
    • Murray, C.J.1    Papell, D.H.2
  • 30
    • 15744374349 scopus 로고    scopus 로고
    • Local Whittle estimation in nonstationary and unit root cases
    • Phillips P.C.B., Shimotsu K. Local Whittle estimation in nonstationary and unit root cases. Ann. Stat. 2004, 32:656-692.
    • (2004) Ann. Stat. , vol.32 , pp. 656-692
    • Phillips, P.C.B.1    Shimotsu, K.2
  • 32
    • 84923145850 scopus 로고
    • Efficient tests of non-stationarity hypotheses
    • Robinson P.M. Efficient tests of non-stationarity hypotheses. J. Am. Stat. Assoc. 1994, 89:1420-1437.
    • (1994) J. Am. Stat. Assoc. , vol.89 , pp. 1420-1437
    • Robinson, P.M.1
  • 33
    • 21344446855 scopus 로고
    • Gaussian semiparametric estimation of long-range dependence
    • Robinson P.M. Gaussian semiparametric estimation of long-range dependence. Ann. Stat. 1995, 23:1630-1661.
    • (1995) Ann. Stat. , vol.23 , pp. 1630-1661
    • Robinson, P.M.1
  • 35
    • 0009603101 scopus 로고    scopus 로고
    • Semi-parametric graphical estimation techniques for long-memory data
    • Taqqu M.S., Teverovsky V. Semi-parametric graphical estimation techniques for long-memory data. Lect. Notes Stat. 1996, 115:420-432.
    • (1996) Lect. Notes Stat. , vol.115 , pp. 420-432
    • Taqqu, M.S.1    Teverovsky, V.2
  • 36
    • 0001911640 scopus 로고    scopus 로고
    • Gaussian semiparametric estimation of non-stationary time series
    • Velasco C. Gaussian semiparametric estimation of non-stationary time series. J. Time Ser. Anal. 1999, 20:87-127.
    • (1999) J. Time Ser. Anal. , vol.20 , pp. 87-127
    • Velasco, C.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.