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...

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Detalhes bibliográficos
Autores: Domínguez Álvarez, Rocío; Loureiro, María L.
Tipo de documento: Artigo
Data de publicação:2014
País:España
Recursos:Universitat Politècnica de València (UPV)
Repositório:RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia
Idioma:Inglês
OAI Identifier:oai:riunet.upv.es:10251/117970
Acesso em linha:https://riunet.upv.es/handle/10251/117970
Nível de acesso:Acesso aberto
Palavra-chave:Daños económicos
Pesquerías
Galicia
Precios hedónicos
Vertido de petróleo del buque Prestige
Economic damages
Fisheries
Hedonic prices
Prestige oil spill
Descrição
Resumo:[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.