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The Impact of MSC Certification on a Japanese Certified Fishery


  • Hiroki Wakamatsu


This article investigates the impact of Marine Stewardship Council (MSC) certification on a Japanese certified fishery. In September 2008, the MSC first certified the Kyoto Danish Seine Fishery Federation (KDSFF) as a sustainable fishery in Asia. In order to examine any impact of MSC certification on the KDSFF, this study examines structural changes in the market. Since no immediate impact of price premium changes can be realized, structural break tests and cointegration tests are conducted. The monthly ex-vessel price of flathead flounder in the Kyoto market is compared with those in the two adjacent uncertified markets. The structural break tests detected a significant impact two months after the KDSFF's certification. The cointegration and Granger causality tests showed that the Kyoto market was previously influenced by other larger markets, but has become less subject to their influence after introduction of MSC certification.

Suggested Citation

  • Hiroki Wakamatsu, 2014. "The Impact of MSC Certification on a Japanese Certified Fishery," Marine Resource Economics, University of Chicago Press, vol. 29(1), pages 55-67.
  • Handle: RePEc:ucp:mresec:doi:10.1086/676287
    DOI: 10.1086/676287

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    References listed on IDEAS

    1. Zeileis, Achim & Kleiber, Christian & Kramer, Walter & Hornik, Kurt, 2003. "Testing and dating of structural changes in practice," Computational Statistics & Data Analysis, Elsevier, vol. 44(1-2), pages 109-123, October.
    2. Max Nielsen & Jos Smit & Jordi Guillen, 2009. "Market Integration of Fish in Europe," Journal of Agricultural Economics, Wiley Blackwell, vol. 60(2), pages 367-385, June.
    3. Frank Asche & Atle G. Guttormsen & Tom Sebulonsen & Elin H. Sissener, 2005. "Competition between farmed and wild salmon: the Japanese salmon market," Agricultural Economics, International Association of Agricultural Economists, vol. 33(3), pages 333-340, November.
    4. Slade, Margaret E, 1986. "Exogeneity Tests of Market Boundaries Applied to Petroleum Products," Journal of Industrial Economics, Wiley Blackwell, vol. 34(3), pages 291-303, March.
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    Cited by:

    1. Wakamatsu, Hiroki & Miyata, Tsutomu, 2014. "Do Radioactive Spills from the Fukushima Disaster Have any Influence on Seafood Market in Japan?," MPRA Paper 55667, University Library of Munich, Germany, revised 18 Jun 2014.
    2. Frank Wijen & Mireille Chiroleu-Assouline, 2019. "Controversy Over Voluntary Environmental Standards: A Socioeconomic Analysis of the Marine Stewardship Council," Post-Print halshs-02071504, HAL.
    3. Julia Bronnmann & Frank Asche, 2016. "The Value of Product Attributes, Brands and Private Labels: An Analysis of Frozen Seafood in Germany," Journal of Agricultural Economics, Wiley Blackwell, vol. 67(1), pages 231-244, February.
    4. Wakamatsu, Hiroki & Miyata, Tsutom, 2016. "Market Integration Analysis of Japan’s Wakame Seaweed Market Before and After the Great East Japan Earthquake," MPRA Paper 70661, University Library of Munich, Germany.

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