Organic salmon: considered a fisheries or agricultural product among consumers?

TY - CONF

T1 - Organic salmon

T2 - The European Association of Fisheries Economists (EAFE) Conference

AU - Ankamah Yeboah, Isaac

AU - Nielsen, Max

AU - Nielsen, Rasmus

N1 - Conference code: 22

PY - 2015

Y1 - 2015

N2 - The year 2016 is groundbreaking for organic aquaculture producers in EU, as itrepresents the deadline for implementing a full organic life cycle in the aquaculture production. Such a shift induces production costs for farmers and if it should be profitable, they must receive higher prices. This study identifies the price premium on organic salmon in the Danish retail sale sector using consumer panel scanner data for households by applying the hedonic price model while permitting unobserved heterogeneity between households. A premium of 20% for organic salmon is found. Since this premium is closer to organic labeled agriculture products than to ecolabelled capture fisheries products, it indicates that consumers value organic salmon as an agriculture product more than fisheries product.

AB - The year 2016 is groundbreaking for organic aquaculture producers in EU, as itrepresents the deadline for implementing a full organic life cycle in the aquaculture production. Such a shift induces production costs for farmers and if it should be profitable, they must receive higher prices. This study identifies the price premium on organic salmon in the Danish retail sale sector using consumer panel scanner data for households by applying the hedonic price model while permitting unobserved heterogeneity between households. A premium of 20% for organic salmon is found. Since this premium is closer to organic labeled agriculture products than to ecolabelled capture fisheries products, it indicates that consumers value organic salmon as an agriculture product more than fisheries product.

M3 - Paper

Y2 - 28 April 2015 through 30 April 2015

ER -