Price premiums for eco-labelled seafood: effects of the MSC certification suspension in the Baltic Sea cod fishery

Certification programmes in fisheries have been introduced as a market-based tool for promoting sustainable fishing practices. While consumers appreciate the eco-labels by paying a price premium in the retail market, there is not much research on whether the premium transmits to the fishing industry...

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Bibliographic Details
Main Authors: Johan Blomquist, Valerio Bartolino, Staffan Waldo
Format: Article in Journal/Newspaper
Language:unknown
Subjects:
Online Access:http://hdl.handle.net/10.1093/erae/jby047
id ftrepec:oai:RePEc:oup:erevae:v:47:y:2020:i:1:p:50-70.
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institution Open Polar
collection RePEc (Research Papers in Economics)
op_collection_id ftrepec
language unknown
description Certification programmes in fisheries have been introduced as a market-based tool for promoting sustainable fishing practices. While consumers appreciate the eco-labels by paying a price premium in the retail market, there is not much research on whether the premium transmits to the fishing industry. This paper adds to the literature by studying price premiums at port for the Swedish Baltic Sea cod fishery that had its Marine Stewardship Council (MSC) certification suspended in 2015. The result shows a price premium of around 11 per cent for small-size cod prior to the suspension of the certification, but no premium for larger cod. Eco-labelling, sustainable seafood, Marine Stewardship Council, price premium
format Article in Journal/Newspaper
author Johan Blomquist
Valerio Bartolino
Staffan Waldo
spellingShingle Johan Blomquist
Valerio Bartolino
Staffan Waldo
Price premiums for eco-labelled seafood: effects of the MSC certification suspension in the Baltic Sea cod fishery
author_facet Johan Blomquist
Valerio Bartolino
Staffan Waldo
author_sort Johan Blomquist
title Price premiums for eco-labelled seafood: effects of the MSC certification suspension in the Baltic Sea cod fishery
title_short Price premiums for eco-labelled seafood: effects of the MSC certification suspension in the Baltic Sea cod fishery
title_full Price premiums for eco-labelled seafood: effects of the MSC certification suspension in the Baltic Sea cod fishery
title_fullStr Price premiums for eco-labelled seafood: effects of the MSC certification suspension in the Baltic Sea cod fishery
title_full_unstemmed Price premiums for eco-labelled seafood: effects of the MSC certification suspension in the Baltic Sea cod fishery
title_sort price premiums for eco-labelled seafood: effects of the msc certification suspension in the baltic sea cod fishery
url http://hdl.handle.net/10.1093/erae/jby047
long_lat ENVELOPE(-55.715,-55.715,53.317,53.317)
geographic Middle Ground
geographic_facet Middle Ground
genre atlantic cod
Northeast Atlantic
genre_facet atlantic cod
Northeast Atlantic
op_relation http://hdl.handle.net/10.1093/erae/jby047
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spelling ftrepec:oai:RePEc:oup:erevae:v:47:y:2020:i:1:p:50-70. 2024-04-14T08:08:57+00:00 Price premiums for eco-labelled seafood: effects of the MSC certification suspension in the Baltic Sea cod fishery The MSC experience: developing an operational certification standard and a market incentive to improve fishery sustainability Rebuttal to Froese and Proelß evaluation and legal assessment of certified seafood Price premium of organic salmon in Danish retail sale Computing robust standard errors for within-groups estimators Price premiums for ecolabelled seafood: MSC certification in Germany Economic incentives to target species and fish size: prices and fine-scale product attributes in Norwegian fisheries Pricing of eco-labels with retailer heterogeneity Fishers, fair trade, and finding middle ground Does market structure influence price transmission in the agro-food sector? A meta-analysis perspective From certification to recertification the benefits and challenges of the Marine Stewardship Council (MSC): a case study using lobsters How much should we trust differences-in-differences estimates? Price premiums for providing eco-labelled seafood: evidence from MSC certified cod in Sweden The value of product attributes, brands and private labels: an analysis of frozen seafood in Germany Determinants of demand for green products: an application to ecolabel demand for fish in Europe A qualitative meta-synthesis of the benefits of eco-labeling in developing countries Certification labels vs convenience formats: what drives the market in aquaculture products? Consumer preferences, ecolabels, and effects of negative environmental information A review of formal objections to Marine Stewardship Council fisheries certifications Distribution of the estimators for autoregressive time series with a unit root Evaluation and legal assessment of certified seafood The effect of buyers and sellers on fish market prices The promise and pitfalls of Marine Stewardship Council certification: maine lobster as a case study Eco-labeling seafood for sustainable production: implications for fisheries management The big, the bad and the average: hedonic prices and inverse demand for Baltic cod Specification tests in econometrics Recent developments in the econometrics of program evaluation Seafood stewardship in crisis Measuring consumer preferences for ecolabelled seafood: an international comparison Efficient estimation of hedonic inverse input demand systems Hedonic price models for dynamic markets Hedonic pricing of Atlantic cod: effects of size, freshness, and gear A comparative study of unit root tests with panel data and a new simple test Environmental impacts of the Marine Stewardship Council certification scheme Asymmetric price transmission: a survey Assessment of MSC-certified fish stocks in the Northeast Atlantic The elusive price premium for ecolabelled products: evidence from seafood in the UK market Hedonic prices and implicit markets: product differentiation in pure competition Pricing on the fish market – does size matter? The value of line-caught and other attributes: an exploration of price premiums for chilled fish in UK supermarkets Product differentiation with credence attributes and private labels: the case of whitefish in UK supermarkets Have dockside prices improved after MSC certification? Analysis of multiple fisheries Do Japanese consumers care about sustainable fisheries? Evidence from an auction of ecolabelled seafood The impact of MSC certification on a Japanese certified fishery Is size-dependent pricing prevalent in fisheries? The case of Norwegian demersal and pelagic fisheries Johan Blomquist Valerio Bartolino Staffan Waldo http://hdl.handle.net/10.1093/erae/jby047 unknown http://hdl.handle.net/10.1093/erae/jby047 article ftrepec 2024-03-19T10:37:51Z Certification programmes in fisheries have been introduced as a market-based tool for promoting sustainable fishing practices. While consumers appreciate the eco-labels by paying a price premium in the retail market, there is not much research on whether the premium transmits to the fishing industry. This paper adds to the literature by studying price premiums at port for the Swedish Baltic Sea cod fishery that had its Marine Stewardship Council (MSC) certification suspended in 2015. The result shows a price premium of around 11 per cent for small-size cod prior to the suspension of the certification, but no premium for larger cod. Eco-labelling, sustainable seafood, Marine Stewardship Council, price premium Article in Journal/Newspaper atlantic cod Northeast Atlantic RePEc (Research Papers in Economics) Middle Ground ENVELOPE(-55.715,-55.715,53.317,53.317)