This collection houses the proceedings of the 20th biennial conference of the International Institute of Fisheries Economics & Trade (IIFET), entitled Managing a Changing Environment. The conference took place at Auditorio Mar de Vigo in Vigo, Galicia, Spain, from 18-22 July 2022. Conference organizers were M. Dolores Garza-Gil (University of...
Region policy instruments that transfer funds between jurisdictions are popular tools for mitigating spatial economic disparities. Given the regional aspect of fishing activity, these policy tools often benefit fisheries firms. In this paper, I study the effect of the regional policy area in Norway- a geographical area that is, among...
The small-scale coastal fisheries of Virginia account for a significant portion of the state’s total annual landings and employ thousands of individuals. Despite the value of these fisheries, the number of commercial licenses sold has declined more than 15% since 1994. Declines are attributed to various factors, but indicate potential...
This is an empirical analysis of the Malindi Ungwana Bay prawn fishery in the coast of Kenya. A resource allocation problem is at the heart of the conflict between artisanal fishers and commercial trawlers exploiting the prawn fishery in the bay. The Prawn Fishery Management plan by the government has...
The small-scale coastal fisheries of Virginia account for a significant portion of the state’s total annual landings and employ thousands of individuals. Despite the value of these fisheries, the number of commercial licenses sold has declined more than 15% since 1994. Declines are attributed to various factors, but indicate potential...
Bermeo is a small town in the north of the Iberian Peninsula, cradle of a purse seiner of undisputed global relevance. Since the time of the Romans, it was recognized for its port, which led it to be one of the first three villages that were founded in the former...
Why did I write a novel? Fisheries operate in complex adaptive systems. A novel can better illustrate the dominant role of system complexity in sector governance. A book may last longer than a paper. I like writing a story, even if it is an illusion within reality.
This paper identifies the effect of Mauritian regulation changes on EU industrial vessels’ fishing activities and their implications for food security. The rich resources of Mauritanian waters have historically been utilized by large foreign trawlers, creating small ripple effects and jobs in Mauritania. However, in 2012, Mauritanian authorities introduced new...
Low-value fish/ fishery by-products are potential economic resources for developing animal feeds. Accordingly, fish protein hydrolyzed technology is an excellent way to provide protein sources for animal nutrition. However, the nutritional quality and applying this new feed supplement are severely related to the production stages and next characteristics of agricultural...
Myctophid/lanternfish is one of the major fish stocks in the Oman Sea. The commercial utilization of lanternfish in the Persian side of the Oman Sea began in 2007. The vessels catching the lanternfish have not been specifically designed and equipped for this fishing operation. In addition, the lack of purposeful...
The European Union has set 2021 as the deadline for having a marine spatial plan in place for all its members. Despite the substantial literature analysing the last four decades of MSP implementation worldwide, the quantification of its economic effects remains at early stages. This presentation presents a methodological approach...
The European Union, under the European Maritime and Fisheries Fund, implement the Community-Led Local Development (CLLD). This programme is designed to address the main challenges faced in the fisheries areas by proposing and testing new solutions by the coastal population. In this sense, Spain plays a key role due to...
Iceland adopted an ITQ system for all of its fisheries more than three decades ago. The system has worked well in increasing the economic performance of the fisheries and, at least seemingly, the enforcement of the TACs. The Fisheries Directorate (FD) is aware of the potential problem of discards and...
Over recent decades, the EU aquaculture sector has been implementing actions towards the minimization of waste as a strategy for increasing the circular attributes of the management system. In this context, it is relevant to develop methodologies to quantify and assess the circularity that will ultimately be achieved by new...
Artificial reefs (AR) were created not only to protect sea bottoms (Lee et al., 2018) and enhance biodiversity namely by stimulating the enhancement of fish stocks (Pioch et al., 2020), but also to attract diving tourism (Shani et al., 2012) or sport fishing enthusiasts (Radonski et al., 2018). In order...
In this paper, we analyze how public monitoring and enforcement (M\&E) efforts affect the success of a collective property right. We develop a bioeconomic model to generate several theoretical predictions, which we test empirically by assembling and analyzing novel data on public patrolling and fishing activity in the Chilean abalone...
Artificial reefs (AR) were created not only to enhance biodiversity (namely by stimulating the increase of fish stocks), but also to attract diving tourism or sport fishing enthusiasts. Industry 4.0 tools – e.g., mobile technologies and cloud computing – can be used for AR monitoring purposes and can serve as...
Policy makers must ensure that regulatory frameworks contribute to the maintenance of resilient marine ecosystems. Recreational fishers add additional pressure on worldwide fish stocks to that exerted by commercial fishing, especially in coastal areas. Fishing tourism have an increasingly stronger presence in areas with growing numbers of permanent residents. Marine...
There is no doubt that policy makers must ensure that the different regulation frameworks contribute to the maintenance of resilient ecosystems that sustain healthy resources for commercial fishers, contributing to the economies that depend on their activity and supply markets with healthy products. However, marine recreational fishing also contributes significantly...
Global Trends: Foreign and transnational ownership (& ownership interests), Complex structures: vertical integration, flags of convenience, joint ventures, etc., Concentration: a handful of corporations controlling global fisheries (Österblom et al. 2015,Carmine et al. 2020). Why Regulate?: Risk of monopolies and market failure, Governance of corporations (i.e., compliance, enforcement), Who captures...
Marine Eco-Label Japan (MEL) is a unique Japanese seafood eco-labeling scheme launched in Japan shortly after the Marine Stewardship Council (MSC) opened its office to evaluate the management of Japanese fisheries resources by large-scale commercial fisheries and small-scale and diverse fishing gear. It became MEL ver. 2 and was approved...
This study was conducted between January 2017 to December 2018 in two fishing communities of Bayelsa and Rivers States, Nigeria. The choice of Imibikiri in Brass local government area, of Bayelsa State and Finima in Bonny Island local government, of Rivers State, was based on accessibility, security, fish production intensity,...
Scientific evidence reveals that renewable resource stock dynamics are subject to uncertainty due to changes in environmental conditions. Despite its critical impacts on management, little is known about the effects of such uncertainty on the formation of regional fisheries management organizations (RFMOs). In this paper, we design a dynamic stock...
Outline: Fishing rights development in Australia, Assumptions - Commercial Fishing (CF) rights security, Experiences - CF rights and other claimants, uncertainty and investment, Options to strengthen resource security & compensation, CF rights - “prime movers” in developing an ocean investment framework, Going forward with the Blue economy, An improved BE...
Despite the use of gear requirements and access restrictions to manage lobster fishery interactions with north Atlantic right whales since 1997, the population is likely below 370 animals. The Dynamic Area Management (DAM) program (2002–2009) used “real time” right whale sightings data to provide temporary protection using closures or whale-modified-gear...
Global Trends: Foreign and transnational ownership (& ownership interests), Complex structures: vertical integration, flags of convenience, joint ventures, etc., Concentration: a handful of corporations controlling global fisheries (Österblom et al. 2015,Carmine et al. 2020). Why Regulate?: Risk of monopolies and market failure, Governance of corporations (i.e., compliance, enforcement), Who captures...
In the past two decades resource economists have made great headway in understanding spatial-dynamic processes in resource exploitation and management. However, despite this progress, there remain large gaps in understanding the spatialdynamics of recreational resources. Here we first develop a general bioeconomic model of a renewable recreational resource use, under...
Local users may invest in managing common pool resources, thereby promoting social and ecological resilience. Institutional or economic limits on access are regarded as essential preconditions for incentivizing local investments, but we show here that investment incentives can exist even under open access. We modeled a recreational harvest fishery in...
Diversification of fishery revenue can reduce interannual variation in revenue and thereby lower financial risk (e.g., Kasperski and Holland, 2013; Cline, Schindler, and Hilborn, 2017; Sethi, Reimer and Knapp 2014; Anderson, Ward and Shelton 2017), Average fishery diversification levels on the US West Coast have been declining over time –...
Study Objectives: IPHC socioeconomic study was a direct response to the Commission’s “desire for more comprehensive economic information to support the overall management of the Pacific halibut resource in fulfillment of its mandate”, Commission’s objective is to develop stocks of Pacific halibut that permit “optimum yield from the fishery and...
In the absence of formal insurance, fishers often ”self-insure” against financial risk due to environmental and economic factors by adjusting fishing activities over species, space, and time. This diversification can be effective (e.g., Kasperski and Holland, 2013; Cline, Schindler, and Hilborn, 2017; Sethi, Dalton, and Hilborn, 2012; Fuller et al.,...
The Cíes Islands show an extremely rich biodiversity, making them the core element of Galicia’s Atlantic Islands, and are an extremely attractive area for the development of small-scale fishing, as well as for tourism and recreational activities, which could constitute a priori a potential risk insofar as maintaining the natural...
Introduction:
SSFs → Own characteristics that often affect prices. First‐sale prices are key for the sustainability of SSF,often price‐acceptors → influence of supra‐local factors (exports, imports, value‐chain forces) and industrial fisheries. Certain local/regional SSF management measures also aim to have effects on this price: fisheries regulation, commercial strategies, labelling, etc....
Context and objective: Beyond leisure and food (sea ES) → MRF boosts maritime economies, but not a formal industry in our economic accounts. EU DCF → increasing focus on MRF, to be considered in commercial fisheries management decisions (CFP). Limitations of traditional approaches (aggregated expenditures,non‐market microeconomics) to assess MRF economic...
Marine recreational fishing (MRF) is a leisure activity and a cultural ecosystem service that, beyond the welfare obtained by its practitioners, has an interesting potential to boost maritime economies. However, it does not represent a formal sector on the national accounts and, in Europe, it lacks a systematic and common...
First-sale prices of fish respond to both local and global drivers, and artisanal fishermen are often considered as price-acceptors due to their limited capacity to influence them, a key issue for their survival and value added creation. However, in artisanal fisheries, the frequent lack of data hinders us from understanding...
The EU framework for the collection and management of fisheries data (EU Reg. 1004/2017) requires estimates of four variables related to capital value and capital cost of fishing fleets, i.e. Consumption of fixed capital, Value of physical capital, Value of quota and other fishing rights, Investments in tangible assets. The...
The valuation marine ecosystem services have been receiving increasing attention in scientific literature, however most of the research is focused in marketed services and does not consider the part of the total economic value. Some services like cultural services that are not direct (touristically) or indirectly marketed as part of...
One pressing economic, societal and environmental issue affecting commercial fisheries is the production of undesirable outputs. In fisheries, undesirable outputs often arise because of economic or regulatory discarding of commercial species and/or the incidentally caught or ‘take’ of protected species, such as sea turtles and marine mammals. In fisheries, undesirable...
Key Takeaway: Understanding this process and factors that influence compliance decisions can help support the development of effective regulations. Importance of consistent observer coverage. Compliance varied by violation choice. Importance of port-level campaigns.
Introduction: The issue of the economic relations between major fishing countries (EU and Asian countries) if of major concern: Overt and tacit vessel subsidies, the asymmetry in the benefits for lower income and higher income countries from fishing and fish processing, LDC EEZs account for around 11 per cent of...
Iran is among the pioneers in the farming of rainbow trout that is mostly up to 1 kg with a production of 173,000 tonnes in 2018, principally used for domestic consumption. Farmers use labour-intensive hand feeding and counting eggs by hand. Imported trout eggs are preferred to domestic eggs as...
This contribution aims to provide an economic assessment of the seabream and seabass industry in the Mediterranean, in order to describe the recent development and current situation of the economy and markets of this industry. It focuses on analyzing the economic and financial structure at different levels of aggregation (industry,...
Nigeria with an annual potential of 2.5 million tonnes of fish from aquaculture produced only 316,727 tonnes in 2015 out of the domestic production of 1.027 million tonnes and total fish demand of 3.25 million tonnes. The government has put in place a lot of initiatives to increase aquaculture production...
The main objective of this study is to assess seafood marketing and pathway in Nigerian coastline (the case of Lagos and Ondo States in the South West, Nigeria).
The specific objectives were to determine the: demographic characteristics of seafood marketers in the study area; gender pathway involved in seafood marketing...
The estimation of production frontiers using revenue as the dependent variable is very common in fisheries research since in multi-species fisheries boats catch several species and their output must be aggregated somehow. The objective of this paper is to decompose revenue efficiency into two components, one due to quantities and...
Nigeria with an annual potential of 2.5 million tonnes of fish from aquaculture produced only 316,727 tonnes in 2015 out of the domestic production of 1.027 million tonnes and total fish demand of 3.25 million tonnes. The government has put in place a lot of initiatives to increase aquaculture production...
Fishing systems provide employment, income generation, poverty alleviation, and food security. Management actions have ecological, economic and social implications that must be addressed carefully. The coexistence of small-scale fisheries (SSFs) and large-scale fisheries (LSFs) increases management complexity. Game-theoretical bioeconomic models empower management decisions in such complex systems.
Fishing systems provide employment, income generation, poverty alleviation, and food security. The coexistence of small-scale fisheries (SSFs) and large-scale fisheries (LSFs) increases management complexity. Management actions have ecological and social implications that must be addressed carefully. We applied a bioeconomic game-theoretical model to the four-gear mullet fishery in southern Brazil—one...
Although aquaculture is the food-production industry that has grown the most in recent years, its companies inherently face more variability in their results than companies from other industries This can be explained by the increasing complexity in their decision-making processes, due to the large number of, external and internal, influencing...
This paper studies the price volatility transmission between the different markets along the value chain of fresh anchovy (Engraulis encrasicolus) in Spain. For this purpose, the prices at the ex-vessel market, the wholesale market and the retail market are considered. As a methodology, a Vector Autoregressive Model (VAR) and an...
Decision-making in aquaculture is becoming increasingly complex due to the need of taking into account large volumes of data, and to consider other aspects besides the economic ones, such as product quality or the environmental sustainability, which are sometimes opposing and difficult to integrate. However, the development of simulation and...
Southwest Atlantic (SWA), corresponding to FAO Area 41, covers a total surface area of 17.65 million square kilometres. It spans from 5°N latitude off the coast of Brazil, to 60°S latitude off the coast of Argentina. Most of the area is classified as High-Seas, defined by the Convention of the...
We apply the Fishery Performance Indicators (FPIs) methodology to the Southeast Pacific Anchoveta Fishery off southern Peru and northern Chile. Our basic model of analysis is a production function framework, where the performance outcomes are a result of the available inputs. We measured all FPI categories (outcomes and input metrics)...
While there has been a global proliferation of marine certification schemes aiming to incentivize sustainable fishing in the last decade, the uptake has been comparatively slow in Japan. Suggested reasons include difficulties assessing Japanese fisheries co-management institutions, and reduced profitability from complex seafood distribution networks and mismatched consumer preferences. However,...
Research on small-scale fisheries has largely focused on men’s fishing practices and perceptions and considerably discounted the important contributions by women to household food security and economies (Harper et al. 2013). Studies in most West African countries confirm that post- harvest activities is gendered in nature and revolves around traditional...
The Abalone Fishery in one of Victoria’s most valuable commercial fisheries and most of the catch is exported to international markets in Asia (Japan, Hong Kong, Singapore, China). Target species consist of blacklip abalone and greenly abalone (<1% of total catch). The fishery is quota managed, and the total allowable...
The Abalone Fishery is one of Victoria's most valuable commercial fisheries and almost all of the catch is exported to international markets, predominately in Asia. An outbreak of a virus called the Abalone Viral Ganglioneuritis (AVG) decimated one third of Australia’s abalone, starting in 2005. However, there has been little...
The fisheries sector faces the challenge of determining effective management, in an ecosystem perspective in order to mitigate the Global Warming Potential (GWP).The main focus of the study was to analyze the resource utilization in the value chain of Maldives fish processing and the environmental performances of the steps involved....
The fisheries sector is a vital oceanic resource that build the core of the Blue Economy. However the realization of the full potential of the Blue Economy calls the requirement of effective inclusion of all societal groups, especially women whose contribution is not well acknowledged. The study focused to investigate...
Under the IIFET 2018 Special Session “Tools for Stock Assessment, Economic Fishery Analysis, and Risk Assessment for Sustainable Management Strategies of Data Poor Stocks in Mixed, Small Scale and Indigenous Fisheries” a number of stakeholder presentations addressed the current status, challenges, needs and future perspectives for implementation of management and...
Complex social–ecological systems such as small-scale fisheries require the inclusion of human dimensions in fisheries management and planning for simultaneously preserving human health and habitat health.However, linkages between ecological, social, political and economic subsystems have been largely ignored in conventional fisheries management, in Nigeria in particular. Hence, the weak governance...
The present status and deviations from the classical management practices of composite farming of Indian major carps (IMC) have been investigated in North 24 Parganas district of West Bengal, India. Classical six species combination, ratio of IMC and exotic carps were not being followed by any of the farmers as...
Trade in smoke dried fish is driven by demand from Africans in the European Union (EU) and United States.The EUhygienepackage follows the principles ofthe farm to table promoted by the World Trade Organisation (WTO) andwasdesigned to protect the health and safety of consumers as well as addressing animal welfare, plant...
The fisheries sectorof Sri Lanka means of livelihoodfor 2.6 million peopleand the vast majority of themare involved in small scale fisheries. The study was taken up with the objectivesof to identify social &political membership status of small scale fishery value chain members, to assess the level of decision making power...
This paper is intended to perform cost-benefit, break-even and sensibility analysis of higher-place pond culture of Penaeus vannamei through a case study of a farmer in Zhanjiang City of Guangdong Province, using cost-benefit data about this farmer’s higher-place pond culture of Penaeus vannamei collected from field survey. Major findings of...
The fisheries value chain of Sri Lanka consists of stakeholders who participate inthe coordinated production and value-adding activities which fulfilling the country’s animal proteinrequirement by 60%(DOFA,2016). The study was taken up with the objectivesofto assess thenutrition value: nutrient density, food safety, food quality, quantity, prices, profit/,market margin,to identify the points...
This paper is designed to “set the stage” for the Special Session on Game Theory and Fisheries. It traces the origins of the application of game theory to fisheries economics, noting that, for the first quarter of a century after the publication of H. Scott Gordon’s 1954 seminal article, the...
Changes of weather pattern and unpredictable occurrence of storms, rough sea and cycloneconditions have become a greater complication for fishing community in southern coast of Sri Lanka. Climatic differences created peak and off season for the fishing community in marine. The study was based on Sothern coastwhere consist of long...
Marine recreational fishery plays an important role in developing marine economy and traditional fishery transformation. Recently the development of Marine recreational fishery has hit a bottleneck, traditional marine recreational fishing industry needs rapid change. Marine recreational fishery new format as an existing form of Marine recreational fishery industry has opened...
Protected areas (PAs) are important for biodiversity conservation and can provide the benefits for current and future generations. Management effectiveness is a key factor to achieve outcomes of PAs. However, success is related to the enforcement implemented. Corruption is one of the main issues impacting and weakening enforcement. This article...
Coral reef ecosystems provide many important services to society. Their importance is not only proved by their beauty but also because they provide food and livelihood for millions of people in communities around the world, especially in developing countries. This paper estimates the economic value of coral ecosystems and potential...
Recent international negotiations have highlighted the need to protect marine diversity on the high seas—the ocean area beyond national jurisdiction. However, restricting fishing access on the high seas raises many concerns, including how it would impact food security. Here we analyze high seas catches and trade data to determine the...
A series of session stakeholder presentations will address the current status, challenges, needs and future perspectives for implementation of management and ecological / economic assessment of data poor fish stocks and fisheries in management advice. This covers methods, simulation models and management strategy evaluation (MSE) tools to conduct assessment and...
Fisheries development projects are undertaken ever year in recognition of the important role fisheries play in many coastal communities. The objectives vary, but typically go beyond a limited focus on fisheries management and the ecosystem. This makes it difficult to evaluate the contribution of a project, particularly in data poor...
We present the results of integrating the fisheries sector into an existing computable partial-equilibrium global model of agriculture, livestock, bioenergy, forestry, and land use. The model is constructed by reconciling publicly available global datasets from the FAO as well as the literature. The model of the fish sector represents capture...
While buybacks don’t have the cache of rights-based programs they are often pre-cursors to longer-term management solutions. The authors assess a proposed buyback program in Eastern Pacific (EPO) purse seine fishery that has the potential to increase post-buyback profitability, and which could also provide the means to alleviate long-standing internecine...
As fisheries management is increasingly required to consider the full impacts of their operations, this work seeks to define the relationship between fishing effort and interactions with listed endangered species. The study employs logbook data containing over 64,000 sets, matched with observer data from 2008 to 2015 in an undisclosed...
In 2015, baseline expenditure and trip behavior information about angler activity across a 14-county region of California’s Central Valley was collected. The motivation for this study was twofold: to learn about existing recreational fishing levels in the Sacramento River system, and to understand how these levels might change if fishing...
Poaching is a major problem under the Chilean system of territorial use rights in fisheries (TURFs). Organizations of artisanal fishers that are granted spatial property rights through TURFs combat poaching by establishing their own enforcement. Although an organization must protect its benthic resources against poachers from both within the organization...
A growing practice in fisheries management is the allocation access rights to marine fisheries through individual transferable quota (ITQs) – limits on the amount of fish allocated to individual licences as transferable permits. By establishing an ownership claim over the right to fish and a market for exchange, ITQs are...
Climate projections indicate that ocean temperatures will continue increasing, potentially shifting the distribution of marine fish species and affecting the economics of the fishing industry and fishing communities. In this study, an integrated ecological-economic framework is used to evaluate the economic impacts of climate-driven species changes and assesses the value...
The status of fishing industry participants and fishing communities is an increasingly important consideration in marine ecosystem models and in fisheries management. Metrics that reliably measure economic, health, and other dimensions of human well-being are required to analyze the impacts of changes in marine ecosystems and policy. To date, most...
In the European Union (EU), marine resource management policies and legislation include not only environmental objectives but also a broad range of explicitly stated economic, social and institutional (ESI) goals, objectives and priorities. Although the environmental objectives often guide scientific assessments, the ESI objectives are often the primary drivers of...
This paper discusses the importance of the fishing industry – fishing fleet and processing industry – for the development of coastal communities. Statistical analysis is performed to analyze the importance of development in the fisheries sector (catch, landings, employment et.c) and how and to what degree this explains the growth...
The focus of this study is the development of the Icelandic trawler fleet and the drivers behind the changes. The first stern trawlers began operation in 1970, five years later there were 58 fishing in the EEZ and in 1982 their number reached above 100. Excess capacity and overcapitalization characterized...
The Florida reef ecosystem is a highly valuable resource managed by multiple federal and state agencies with many stakeholders. Over half of the $75 million annual dockside value of finfish landings in Florida is comprised of snappers and groupers, but this resource is threatened by overfishing. Current management strategies include...
In Norway, structuring of the fishing fleet has been an ongoing process since the start of the 1960'ies. Since then, both the number of vessels in Norwegian fisheries and fishers have been reduced by roughly 85 %. For decades, the fisheries industry has been considered a mean to employment and...
Fisheries products are the worlds most widely traded foods. Despite the fact that global demand for fish and fishery products continues to rise every year, fish export from the developing world have faced many limitation from non-conformity with international standards to inadequate product certification. As international fisheries trade grows, governments,...
The feed conversion ratio (FCR) or its reciprocal, the feed efficiency ratio (FER) is currently used to estimate the feed requirements in aquaculture. This has a serious disadvantage. The FCR is a function of feeding rate, initial and final mass at fattening, temperature and quality of feed. Therefore the FCR...
How well at fishery management regime perform is closely related both to vessel performance (i.e. return on investments) and if the species at stake are harvested in sustainable manner. However, ROI do not capture important dimensions of vessel performance. In addition, sustainability also includes social, economic and institutional dimensions. In...