Environmental accidents and stigmatized fish prices: Evidence from the prestige oil spill in Galicia
[EN] Assessing the economic damages and their temporal dimension caused by oil spills is very important. In the present paper, we analyze the stigma effect caused in fish markets, in the North West coast of Spain (Galicia) after the Prestige oil spill. Specifically, we focus on pelagic fish species...
| Authors: | ; |
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| Format: | Article |
| Publication date: | 2014 |
| Country: | España |
| Institution: | Universitat Politècnica de València (UPV) |
| Repository: | RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia |
| Language: | English |
| OAI Identifier: | oai:riunet.upv.es:10251/117970 |
| Online Access: | https://riunet.upv.es/handle/10251/117970 |
| Access Level: | Open access |
| Keyword: | Daños económicos Pesquerías Galicia Precios hedónicos Vertido de petróleo del buque Prestige Economic damages Fisheries Hedonic prices Prestige oil spill |
| Summary: | [EN] Assessing the economic damages and their temporal dimension caused by oil spills is very important. In the present paper, we analyze the stigma effect caused in fish markets, in the North West coast of Spain (Galicia) after the Prestige oil spill. Specifically, we focus on pelagic fish species which represent a relevant market share in Galicia. The results show that printed media surrounding the accident had a statistically significant role in the evolution of fish prices. Two types of stigma were found: temporal and geographical stigma. Our results conclude that there is persistence of environmental effects after the spill. |
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