The effect of eco-certification on demand: The case of MSC-certified Norway lobster

We investigate if Marine Stewardship Council (MSC) certified Norway lobster fishing vessels in Sweden got higher prices and sold larger quantities after certification was introduced 2015. Using detailed daily panel data exploiting the fact that same water contains both non-certified vessels, we use a difference-in-difference model for analysing demand effects of MSC-certification. find price premium first months launch scheme initial adopters. However, this dissipates over time is mainly found trawler vessels. For trawlers, also negative effect on but positive few years certification. Creelers, other hand, immediately years. No general MSC neither nor when entire period January 2012 – 2018 investigated.