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

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.

Keyword(s)

Small-scale coral-reef fisheries, Fish prices, Fish quality, Tui, Hedonic models

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121019 Ko
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-65 Ko
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311 Mo
How to cite
Nassiri A., Thébaud Olivier, Holbrook S.J., Lauer M., Rassweiler A., Schmitt R.J., Claudet Joachim (2021). Hedonic evaluation of coral reef fish prices on a direct sale market. Marine Policy. 129. 104525 (12p.). https://doi.org/10.1016/j.marpol.2021.104525, https://archimer.ifremer.fr/doc/00691/80346/

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