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 Market Structure and Market Performance of Tuna Value Chain: A Case Study of Yellowfin Tuna and Bigeye Tuna Value Chain in Three South Central Provinces of Vietnam
Tác giả hoặc Nhóm tác giả: Nguyen Dang Hoang Thu, Quyen Cao Le, Hang Le Thi Minh, Thi Nang Thu Tran, Philippe Lebailly
Nơi đăng: International Journal of Economics and Financial Issues; Số: 6;Từ->đến trang: 15-25;Năm: 2021
Lĩnh vực: Kinh tế; Loại: Bài báo khoa học; Thể loại: Quốc tế
TÓM TẮT
A value chain integrated Structure Conduct Performance (SCP) framework applied in agribusiness products in general and fishery products, in particular, is of great significance in conceptualizing the strategy design specifically to a value chain segment in a territory in terms of economic development. This study aims to analysed the market structure and financial performance of each actor in the tuna value chain in three South Central provinces of Vietnam to provide an overview of the economic efficiency of the value chain. Within the study, the interviews have been conducted with 315 respondents, including shipowners, middle-persons, and processors, directly related to the tuna value chain in 2018. The market concentration of each actor was quantitatively indicated in form of the Lorenz curve and Gini coefficient. In addition actor’s financial performance was calculated by costs and earnings models. The results also showed that the market structure of middle-persons and processors tended to be monopolistic while shipowner’s market structure tended to be in perfect competition. Besides, the processors received the highest return compared to other actors due to their highest value-added contribution and the most significant business scale. Finally, several policy interventions were suggested to improve the economic efficiency of the value chain.
ABSTRACT
A value chain integrated Structure Conduct Performance (SCP) framework applied in agribusiness products in general and fishery products, in particular, is of great significance in conceptualizing the strategy design specifically to a value chain segment in a territory in terms of economic development. This study aims to analysed the market structure and financial performance of each actor in the tuna value chain in three South Central provinces of Vietnam to provide an overview of the economic efficiency of the value chain. Within the study, the interviews have been conducted with 315 respondents, including shipowners, middle-persons, and processors, directly related to the tuna value chain in 2018. The market concentration of each actor was quantitatively indicated in form of the Lorenz curve and Gini coefficient. In addition actor’s financial performance was calculated by costs and earnings models. The results also showed that the market structure of middle-persons and processors tended to be monopolistic while shipowner’s market structure tended to be in perfect competition. Besides, the processors received the highest return compared to other actors due to their highest value-added contribution and the most significant business scale. Finally, several policy interventions were suggested to improve the economic efficiency of the value chain.
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