Environmental accidents and stigmatized fish prices: evidence from the Prestige oil spill in Galicia

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...

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Detalhes bibliográficos
Autores: Domínguez Álvarez, Rocío, Loureiro García, María Luz
Formato: artículo
Fecha de publicación:2013
País:España
Recursos:Universidad de Santiago de Compostela (USC)
Repositorio:Minerva. Repositorio Institucional de la Universidad de Santiago de Compostela
Idioma:inglés
OAI Identifier:oai:minerva.usc.gal:10347/45977
Acesso em linha:https://hdl.handle.net/10347/45977
Access Level:acceso abierto
Palavra-chave:Economic damages
Fisheries
Galicia
Hedonic prices
Prestige oil spill
Daños económicos
Pesquerías
Precios hedónicos
Vertido de petróleo del buque Prestige
Descrição
Resumo: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