Measuring The Impact Of The BP Deepwater Horizon Oil Spill On Consumer Behavior
- ASU Author/Contributor (non-ASU co-authors, if there are any, appear on document)
- Ashton Morgan Ph.D., Assistant Professor (Creator)
- Institution
- Appalachian State University (ASU )
- Web Site: https://library.appstate.edu/
Abstract: We exploit the timing of the BP Deepwater Horizon oil spill to develop a unique dataset of oyster consumer actual and anticipated behavior immediately prior to and following the event. A revealed and stated preference model allows both short- and longer-term responses to the spill to be investigated. Findings indicate that the BP spill had a negative impact on oyster demand in terms of short-run actual behavior, although spill effects show signs of dissipating several months following the spill. By accounting for unobserved heterogeneity in the sample, findings further indicate that short- and longer-term spill responses differ across consumer groups.
Measuring The Impact Of The BP Deepwater Horizon Oil Spill On Consumer Behavior
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Additional Information
- Publication
- Morgan, O. Ashton & Whitehead, John C. & Huth, William L. & Martin, Greg S. & Sjolander, Richard. "Measuring the Impact of the BP Deepwater Horizon Oil Spill on Consumer Behavior." Land Economics, vol. 92 no. 1, 2016, pp. 82-95. Project MUSE, muse.jhu.edu/article/606423. Publisher version of record available at: http://muse.jhu.edu/article/606423
- Language: English
- Date: 2016
- Keywords
- BP Deepwater Horizon oil spill, oyster consumer behavior, oyster demand