The purpose of this paper is to empirically investigate whether asymmetric price transmission exists in the distribution stage of farmed olive flounder market. For the analysis, time series data were used for the producer prices of Jeju and Wando, and the wholesale prices of Incheon, Hanam and Busan. Through the Granger causality test, the causal relationship from the producer price to the wholesale price was derived and the asymmetric price transmission was analyzed using the autoregressive distributed lag model (ARDL). As a result of the analysis, it was found that there is a phenomenon of ‘positive asymmetric price transmission’ from the producer price to the wholesale price. This result can be one evidence that excess profits are received in the intermediate distribution stage, and can be said to be a result showing the incompleteness and inefficiency of the distribution structure of the farmed olive flounder. In the future, it is required to establish an information-sharing system in all stages of production, distribution, and consumption that can create a competitive environment for distribution participants and resolve information asymmetry. Also, it is necessary to review the distribution center specializing in live fish from the viewpoint of the establishment of new distribution channels and sales diversification strategy under the rapidly changing fisheries environment.

Abstract
I. 서 론
Ⅱ. 비대칭적 가격전이에 관한 이론과 분석모형
    1. 이론적 배경
    2. 분석모형
Ⅲ. 분석자료
Ⅳ. 실증분석 결과
    1. 그랜저 인과관계 분석
    2. 실증분석 결과
Ⅴ. 결 론
REFERENCES

• 이헌동(한국해양수산개발원 수산연구본부 수산정책연구실) | Heon-Dong Lee (Fisheries Policy Research Division, Korea Maritime Institute)
• 마창모(한국해양수산개발원 수산연구본부 수산정책연구실) | Chang-Mo Ma (Fisheries Policy Research Division, Korea Maritime Institute) Corresponding author