Abstract
The year 2016 is groundbreaking for organic aquaculture producers in EU, as it
represents 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.
represents 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.
| Original language | English |
|---|---|
| Publication date | 2015 |
| Number of pages | 14 |
| Publication status | Published - 2015 |
| Event | The European Association of Fisheries Economists (EAFE) Conference - Salerno, Italy Duration: 28 Apr 2015 → 30 Apr 2015 Conference number: 22 |
Conference
| Conference | The European Association of Fisheries Economists (EAFE) Conference |
|---|---|
| Number | 22 |
| Country/Territory | Italy |
| City | Salerno |
| Period | 28/04/2015 → 30/04/2015 |