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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Detalles Bibliográficos
Autores: Domínguez Álvarez, Rocío, Loureiro, María L.
Tipo de recurso: artículo
Fecha de publicación:2014
País:España
Institución:Universitat Politècnica de València (UPV)
Repositorio:RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia
Idioma:inglés
OAI Identifier:oai:riunet.upv.es:10251/117970
Acceso en línea:https://riunet.upv.es/handle/10251/117970
Access Level:acceso abierto
Palabra clave:Daños económicos
Pesquerías
Galicia
Precios hedónicos
Vertido de petróleo del buque Prestige
Economic damages
Fisheries
Hedonic prices
Prestige oil spill
Descripción
Sumario:[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.