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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]

Author

Listed:
  • Johan Blomquist
  • Valerio Bartolino
  • Staffan Waldo

Abstract

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.

Suggested Citation

  • Johan Blomquist & Valerio Bartolino & Staffan Waldo, 2020. "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," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 47(1), pages 50-70.
    • Handle: RePEc:oup:erevae:v:47:y:2020:i:1:p:50-70.
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    File URL: http://hdl.handle.net/10.1093/erae/jby047
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    Citations

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    Cited by:

    1. Marcello Risitano & Rosaria Romano & Vincenzo Rusciano & Gennaro Civero & Debora Scarpato, 2022. "The impact of sustainability on marketing strategy and business performance: The case of Italian fisheries," Business Strategy and the Environment, Wiley Blackwell, vol. 31(4), pages 1538-1551, May.
    2. Bronnmann, Julia & Asche, Frank & Pettersen, Ingrid Kristine & Sogn-Grundvåg, Geir, 2023. "Certify or not? The effect of the MSC certification on the ex-vessel prices for Atlantic cod in Norway," Ecological Economics, Elsevier, vol. 212(C).
    3. Wolff, François-Charles & Asche, Frank, 2022. "Pricing heterogeneity and transaction mode: Evidence from the French fish market," Journal of Economic Behavior & Organization, Elsevier, vol. 203(C), pages 67-79.
    4. Mameno, Kota & Kubo, Takahiro & Ujiie, Kiyokazu & Shoji, Yasushi, 2023. "Flagship species and certification types affect consumer preferences for wildlife-friendly rice labels," Ecological Economics, Elsevier, vol. 204(PB).
    5. Ralf Buckley, 2023. "Sector-Scale Proliferation of CSR Quality Label Programs via Mimicry: The Rotkäppchen Effect," Sustainability, MDPI, vol. 15(14), pages 1-11, July.
    6. Andersson, Anna & Hammarlund, Cecilia, 2023. "The effect of eco-certification on demand: The case of MSC-certified Norway lobster," Ecological Economics, Elsevier, vol. 204(PA).

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