Determination of fish landing price is important, as the same contributes to the structure, conduct and performance of the fish market in Lake Victoria. Determination of relevant landing price is a gap to console between fishermen, agents (middlemen), processors and the government.

We analyzed whether a competitive market can behave non-competitively when it is temporarily outside of its long-run equilibrium trajectory.

In this study we analyzed price determination throughout the Chilean hake market chain. To analyze the relationship between different prices which participate in this chain, a VECM model was successfully estimated.