On the economic nature of consumers’ willingness to pay for a selective and sustainable fishery: A comparative empirical study

• DOI: 10.3989/scimar.04737.10a
• Publication Date: 2018-07-10T12:12:35Z
• Authors: Laura Onofri; Paolo Accadia; Paloma Ubeda; Maria José Gutiérrez; Evelina Sabatella; Francesc Maynou
• Keywords: valoración contingente; pesca sostenible; Ddisposición a pagar; Obligación de desembarque; SH1-691; 01 natural sciences; 12. Responsible consumption; Instrumental variable regression; landing obligation; Aquaculture. Fisheries. Angling; sustainable fishery; Willingness to pay; descartes; Contingent valuation; 14. Life underwater; Regresión con variables instrumentales; 0105 earth and related environmental sciences; willingness to pay; landing obligation; discards; instrumental variable regression; contingent valuation; sustainable fishery; regresión con variables instrumentales; disposición a pagar; obligación de desembarque; descartes; regresión con variables instrumentales; valoración contingente; pesca sostenible; Valoración contingente; Pesca sostenible; obligación de desembarque; Sustainable fishery; discards; Discards; Landing obligation; Descartes; instrumental variable regression; disposición a pagar; willingness to pay; contingent valuation

The EU Landing Obligation (LO) bans discards to incentivize a more selective and sustainable fishery. This regulation may induce cost the fishing industry that could be transferred final fish consumers. We aim assess consumers’ reservation price for methodology follows two steps: first value of (willingness pay, WTP) fishery by using contingent valuation methods from comparative perspective in Spain Italy. then attempt empirically components WTP an original model specification that, unlike those presented literature, exogenizes socio-economic variables uses ideological indicators explain two-line simultaneous estimated instrumental variable regression. results show positive, though low, across samples, very different impacts coefficients on samples. A preliminary interpretation this divergence highlights Italian consumers consider LO-incentivized pure public good linked issues legality, Spanish it impure environmental issues. These differences indicate how strongly institutions policies each region are perceived human capital structure. They also problem, perceptions solutions differ according context.