Asymmetric price transmission of Indonesian, Thailand, and the Philippine canned tuna to the European market Online publication date: Mon, 26-Jul-2021
by Puspi Eko Wiranthi
International Journal of Economic Policy in Emerging Economies (IJEPEE), Vol. 14, No. 4, 2021
Abstract: Although Thailand and the Philippines have dominated the canned tuna market, Indonesia indicates an upward export value to the EU. Data revealed that there were differences in the speed of price adjustments between the three countries and there was an indication that Indonesia responded more quickly to changes of Thailand and the Philippine prices over the past few years. Therefore, in this study, the causality price relationship is examined by employing monthly data from January 2008 until September 2018. Asymmetric error correction model (AECM) was performed through the E-Views 10 statistical package to analyse a short and long term price transmission. The results indicate that the canned tuna export prices from the three exporting countries are well cointegrated. The short-term price transmission of Thailand and the Philippines has an asymmetrical influence on an increase of Indonesian prices while the long-term price transmission between three countries occurs symmetrically.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Economic Policy in Emerging Economies (IJEPEE):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook