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Hedonic evaluation of coral reef fish prices on a direct sale market

Abstract : Using two-stage Rosen’s model, this evaluation aims to deduce the implicit prices of the coral-reef fish species most commonly encountered in road-side market in Moorea (French Polynesia) during 2014–2015, from the prices of bundles of species, called tuis. Index value are calculated which vary, all else equal, between 33% (Selar) and 137% (Acanthurus) of the price of the reference species (Scarus). Estimating translogarithmic specifications allow the identification of positive cross-species elasticities which imply complementarity between reef species in each tui. The composition of tuis is therefore a market strategy to enhance the value of catches. These results demonstrate the relevance of empirical economic analysis in improving the understanding of small-scale coral-reef fisheries in the Pacific.
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https://hal.archives-ouvertes.fr/hal-03212908
Contributor : Joachim Claudet <>
Submitted on : Friday, April 30, 2021 - 9:20:46 AM
Last modification on : Saturday, May 1, 2021 - 3:35:16 AM

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A. Nassiri, O. Thébaud, M. Lauer, S. J. Holbrook, A. Rassweiler, et al.. Hedonic evaluation of coral reef fish prices on a direct sale market. Marine Policy, Elsevier, 2021, 129, pp.104525. ⟨10.1016/j.marpol.2021.104525⟩. ⟨hal-03212908⟩

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