OREGON STATE UNIVERSITY
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| Title | Assessment of Price Volatility in the Fisheries Sector in Uganda |
| Publication Type | Journal Article |
| Year of Publication | 2017 |
| Authors | Bukenya, JO |
| Journal | Journal of Food Distribution Research |
| Volume | 48 |
| Issue | 1 |
| Pagination | 81 - 88 |
| Date Published | 2017 |
| Keywords | Aquaculture, catfish, garch model, price volatility |
| Abstract | This paper examines price volatility in the African catfish (Clarias gariepinus) supply chain in Uganda. The volatility process in the catfish markets was analyzed based on monthly price data from January 2006 to August 2013. A GARCH model is used to estimate the volatility parameters. Empirical results revealed that the value of the first-order autoregressive term and the value of the first-order moving average term were significant for both aquaculture and wild harvest catfish supply chains. The observed long persistence of volatility in both supply channels suggests a fundamental level of uncertainty and risk in the catfish subsector over the studied period. |
| URL | https://www.fdrsinc.org/wp-content/uploads/2017/03/JFDR_48.1_18_Bukenya.pdf |
| Notice of Publication Number | NOP 17-372 (English) |
