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Local markets and price premiums—The case of the establishment of the Stockholm fish auction

Hammarlund, Cecilia LU ; Blomquist, Johan LU and Waldo, Staffan LU (2021) In Fisheries Research 236.
Abstract

The promotion of locally produced food has been a growing marketing trend in recent years. Locally produced food is associated with positive values such as environmental benefits, fresher and safer products as well as contributing to building closer ties between people in local communities. We use a case study were a local fish auction was established in the Stockholm area in Sweden with the aim to supply the local market with fish, mainly pikeperch, from the region. Using monthly prices we investigate if the establishment of the auction has resulted in a price premium and separate markets for locally caught pikeperch. Our results show that there is no price premium and that the Stockholm market is not decoupled from the national market... (More)

The promotion of locally produced food has been a growing marketing trend in recent years. Locally produced food is associated with positive values such as environmental benefits, fresher and safer products as well as contributing to building closer ties between people in local communities. We use a case study were a local fish auction was established in the Stockholm area in Sweden with the aim to supply the local market with fish, mainly pikeperch, from the region. Using monthly prices we investigate if the establishment of the auction has resulted in a price premium and separate markets for locally caught pikeperch. Our results show that there is no price premium and that the Stockholm market is not decoupled from the national market after the establishment of the new auction. In fact, the Swedish market appears to become more integrated and non-auction buyers of pikeperch have to pay more to fishers after the establishment of the auction.

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author
; and
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Fish market, Local food, Price integration, Price premium
in
Fisheries Research
volume
236
article number
105853
publisher
Elsevier
external identifiers
  • scopus:85098755028
ISSN
0165-7836
DOI
10.1016/j.fishres.2020.105853
language
English
LU publication?
yes
id
ccc227d9-a0d2-4ec4-b209-928123717784
date added to LUP
2021-01-12 14:10:57
date last changed
2024-01-03 01:53:42
@article{ccc227d9-a0d2-4ec4-b209-928123717784,
  abstract     = {{<p>The promotion of locally produced food has been a growing marketing trend in recent years. Locally produced food is associated with positive values such as environmental benefits, fresher and safer products as well as contributing to building closer ties between people in local communities. We use a case study were a local fish auction was established in the Stockholm area in Sweden with the aim to supply the local market with fish, mainly pikeperch, from the region. Using monthly prices we investigate if the establishment of the auction has resulted in a price premium and separate markets for locally caught pikeperch. Our results show that there is no price premium and that the Stockholm market is not decoupled from the national market after the establishment of the new auction. In fact, the Swedish market appears to become more integrated and non-auction buyers of pikeperch have to pay more to fishers after the establishment of the auction.</p>}},
  author       = {{Hammarlund, Cecilia and Blomquist, Johan and Waldo, Staffan}},
  issn         = {{0165-7836}},
  keywords     = {{Fish market; Local food; Price integration; Price premium}},
  language     = {{eng}},
  publisher    = {{Elsevier}},
  series       = {{Fisheries Research}},
  title        = {{Local markets and price premiums—The case of the establishment of the Stockholm fish auction}},
  url          = {{http://dx.doi.org/10.1016/j.fishres.2020.105853}},
  doi          = {{10.1016/j.fishres.2020.105853}},
  volume       = {{236}},
  year         = {{2021}},
}