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The Economic Value of New Zealand Marine Recreational Fishing and its Use as a Policy Tool

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Abstract
  • This paper presents the results of a 1999 survey to determine the economic value of the recreational fishery in New Zealand for five species, snapper (Chrysphrys autratus), kingfish (Seriola lalandi lalandi), kahawai (Arripis trutta), blue cod (Parapercis colias) and rock lobster (Jasus edwadsii and Jasus verreauxi). Contingent valuation methods were used to establish estimates of the marginal willingness to pay and average willingness to pay per fish and per kilogram as well as the value of recurrent expenditure by recreational fishers. In addition, the legislative and historical context of this survey are discussed and initial views are presented on of the use of this type of survey in four areas of policy development where this type of information may be used. 1) The use economic value in the process of defining recreational fishing and management rights. 2) The characterisation of the recreational fishing sector. 3) Establishing costs and benefits when allocating commercial property rights for new species. 4) Allocations between stakeholders when setting a total allowable commercial catch. 5) Interpreting the legislative definition of utilisation in allowing for people to provide for their “social, economic and cultural well being”.
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  • Williamson, S. The Economic Value of New Zealand Marine Recreational Fishing and its Use as a Policy Tool. In: Microbehavior and Macroresults: Proceedings of the Tenth Biennial Conference of the International Institute of Fisheries Economics and Trade, July 10-14, 2000, Corvallis, Oregon, USA. Compiled by Richard S. Johnston and Ann L. Shriver. International Institute of Fisheries Economics and Trade (IIFET), Corvallis, 2001.
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  • Corvallis, Oregon, USA
Proceedings Editors
  • Johnston, Richard S.
  • Shriver, Ann L.
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  • MG Kailis Group
  • International Institute of Fisheries Economics and Trade
  • U.S. National Marine Fisheries Service
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