• Brands, Labels, and Product Longevity: The Case of Salmon in UK Grocery Retailing 

      Asche, Frank; Sogn-Grundvåg, Geir; Zhang, Dengjun; Cojocaru, Andreea-Laura; Young, James A. (Journal article; Tidsskriftartikkel; Peer reviewed, 2021-01-19)
      In recent years, the number of ecolabels and country-of-origin labels has grown substantially in seafood markets globally. This makes it more difficult for retailers and producers to communicate and demonstrate their differentiating claims to consumers. In addition, it has recently been suggested that there are both costs and supply chain benefits associated with labeling. This paper uses duration ...
    • Determinants of capital structure in the hospitality industry: Impact of clustering and seasonality on debt and liquidity 

      Sikveland, Marius; Xie, Jinghua; Zhang, Dengjun (Journal article; Tidsskriftartikkel; Peer reviewed, 2022-02-04)
      Volatile seasonal demand and geographic clustering of firms are two important factors affecting the capital structure of hospitality firms. In this paper, we investigate the capital structure determinants of hospitality firms regarding the effects of seasonality and geographic clustering. A fixed-effects panel data model was estimated using data on all hospitality firms in Norway from 2008 to 2018. ...
    • Firm Size, Commodity Price, and Interdependence between Firm-Level Stock Prices: The Case of Norwegian Salmon Industry 

      Zhang, Dengjun; Myrland, Øystein; Xie, Jinghua (Journal article; Tidsskriftartikkel; Peer reviewed, 2016-09-08)
      This study aims to investigate the interdependence between stock prices of salmon firms listed at Oslo Stock Exchange and to evaluate how this correlation is affected by firm size and salmon commodity price. Technically, we apply the Johansen’s approach (Johansen, 1991) to test cointegration between stock prices and between individual stock prices and commodity price. The time path of the long-run ...
    • Fish quality and market performance: The case of the coastal fishery for Atlantic cod in Norway 

      Sogn-Grundvåg, Geir; Zhang, Dengjun; Henriksen, Edgar; Joensen, Sjúrður; Bendiksen, Bjørn Inge; Hermansen, Øystein (Journal article; Tidsskriftartikkel; Peer reviewed, 2021-02-22)
      This study focuses on fish quality and resource utilization at the ex-vessel level of the value chain. Substantial waste in the form of reduced fish quality is revealed for Atlantic cod landed by the coastal fleet in Norway, with approximately 30% of the sampled cod from 399 catches downgraded, implying reduced value of products in onshore processing. By using an objective quality index for individual ...
    • How exchange rate affects Chinese processing trade? The case of ground fish 

      Zhang, Dengjun; Xie, Jinghua; Myrland, Øystein (Journal article; Tidsskriftartikkel; Peer reviewed, 2017-09-25)
      As imports destined for primary processing and then exporting occur across industries, in this study we developed a structural model to examine how exchange rate affects the exports of processed ground fish from China. The home demand for processed goods is incorporated into the model in accordance with the fact that the share of processed goods remaining in China tends to increase over time. ...
    • Influence of Tourism Seasonality and Financial Ratios on Hotels’ Exit Risk 

      Zhang, Dengjun; Xie, Jinghua (Journal article; Tidsskriftartikkel; Peer reviewed, 2021-05-20)
      Tourism seasonality negatively affects hotels’ operational and financial performance and then survival probabilities. Several studies have evaluated the impact of tourism seasonality on hotels’ exit risk. However, the empirical findings are ambiguous, probably due to the overall seasonality and different measures used in these studies. Against this background, this study explores the impact of tourism ...
    • Investment and revenue cap under incentive regulation: The case study of the Norwegian electricity distributors 

      Zhang, Dengjun; Xie, Jinghua (Journal article; Tidsskriftartikkel; Peer reviewed, 2017-11-07)
      Electricity distribution operators are regulated as monopolies around the world. Incentive regulation is further applied to relate their allowed revenues (revenue cap) to cost efficiency and investment. Incentive regulation varies cross countries and has evolved over time for individual countries. Norway is one of the first countries reforming the network distributors by incentive regulation. Using ...
    • Product forms and price transmission in major European salmon markets 

      Straume, Hans-Martin; Asche, Frank; Landazuri-Tveteraas, Ursula; Misund, Bård; Pettersen, Ingrid Kristine; Zhang, Dengjun (Journal article; Tidsskriftartikkel; Peer reviewed, 2023-12-31)
      Product development is often an important component in increasing demand for successful aquaculture species. However, this topic has not received much attention due to limited data availability. In this paper, we investigate how the composition of salmon sales differ by product form by comparing the four largest European countries in terms of salmon consumption: France, Germany, Spain and the United ...
    • Shipping the good fish out? An empirical study on the EU Seafood imports under the EU's Generalized System of Preferences 

      Xie, Jinghua; Zhang, Dengjun (Journal article; Tidsskriftartikkel; Peer reviewed, 2016-10-20)
      The impact of the EU (European Union) Generalized System of Preference (GSP) on the relative EU’s demand for seafood quality was evaluated in the study. We first explored the theoretical Alchian–Allen result of change in ad valorem tariffs in an n–good world, and then tested this result in the empirical study. The theoretical analysis suggests that whether a reduced ad valorem tariff in an n–good ...
    • Tourism seasonality and hotel firms’ financial performance: evidence from Norway 

      Zhang, Dengjun; Xie, Jinghua; Sikveland, Marius (Journal article; Tidsskriftartikkel; Peer reviewed, 2020-12-15)
      This study explores the impact of seasonality on hotel firms’ financial performance and whether this impact depends on tourism destinations and the variations of the tourism demand distinguished by domestic market and international market. Financial performance is measured by the most commonly-applied indicator, Return on Assets (ROA), which is further decomposed to profit margin and asset turnover. ...