Price transmission in the pangasius value chain from Vietnam to Germany
Evidence of market integration between farmed pangasius and wild-caught whitefish is provided in the literature, pointing towards pangasius prices being determined on the large international whitefish market. In the presence of price transmission in the value chain, global growth of pangasius farming does therefore not in itself reduce the farm-gate prices in Vietnam. In this paper, price transmission in the pangasius value chain from farmers in Vietnam, via export to final consumption in Germany, is tested using the Johansen cointegration framework.