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Price Premiums for Providing Eco-labelled Seafood : Evidence from MSC-certified Cod in Sweden

Blomquist, Johan LU ; Bartolino, Valerio and Waldo, Staffan LU (2015) In Journal of Agricultural Economics 66(3). p.690-704
Abstract

Eco-labelled seafood is an important tool to promote sustainable development in fisheries. A price premium on eco-labelled seafood signals a return on investment in sustainable fishing methods, providing an incentive for fishers to adopt such methods. This paper investigates whether Swedish fishermen gained a price premium from participating in the Marine Stewardship Council (MSC)-certified Swedish Eastern Baltic cod fishery in the period 2011-2012. Using a detailed dataset of landing tickets and log books, we apply a panel data methodology to estimate the MSC price premium. We cannot find reliable evidence that the consumer level premium for MCS cod is actually passed back to the producers in this case.

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author
; and
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Difference-in-difference, Eco-labelling, Marine stewardship council, Price premium, Sustainable seafood
in
Journal of Agricultural Economics
volume
66
issue
3
pages
15 pages
publisher
Wiley-Blackwell
external identifiers
  • scopus:84939467347
ISSN
0021-857X
DOI
10.1111/1477-9552.12106
language
English
LU publication?
no
id
2e02d891-bf59-43c5-90c5-db71e8d61d4e
date added to LUP
2017-09-06 15:43:09
date last changed
2022-04-01 19:18:58
@article{2e02d891-bf59-43c5-90c5-db71e8d61d4e,
  abstract     = {{<p>Eco-labelled seafood is an important tool to promote sustainable development in fisheries. A price premium on eco-labelled seafood signals a return on investment in sustainable fishing methods, providing an incentive for fishers to adopt such methods. This paper investigates whether Swedish fishermen gained a price premium from participating in the Marine Stewardship Council (MSC)-certified Swedish Eastern Baltic cod fishery in the period 2011-2012. Using a detailed dataset of landing tickets and log books, we apply a panel data methodology to estimate the MSC price premium. We cannot find reliable evidence that the consumer level premium for MCS cod is actually passed back to the producers in this case.</p>}},
  author       = {{Blomquist, Johan and Bartolino, Valerio and Waldo, Staffan}},
  issn         = {{0021-857X}},
  keywords     = {{Difference-in-difference; Eco-labelling; Marine stewardship council; Price premium; Sustainable seafood}},
  language     = {{eng}},
  month        = {{09}},
  number       = {{3}},
  pages        = {{690--704}},
  publisher    = {{Wiley-Blackwell}},
  series       = {{Journal of Agricultural Economics}},
  title        = {{Price Premiums for Providing Eco-labelled Seafood : Evidence from MSC-certified Cod in Sweden}},
  url          = {{http://dx.doi.org/10.1111/1477-9552.12106}},
  doi          = {{10.1111/1477-9552.12106}},
  volume       = {{66}},
  year         = {{2015}},
}