This paper is the result of a project that began with NAAFE 2015 special session on Fisheries Certification, which asked what forces are driving the market for sustainable seafood. Many previous studies looked at consumers' demand, but in this paper we looked at the entire supply chain (from producers to...
For centuries, the Icelandic people has relied on its abundance of natural resources and fisheries in particular. In today’s volatile and homogenous economy of Iceland, fisheries is one of its main export industries, together with power-intensive manufacturing and tourism. Consequently, movements in fish prices have a significant effect on the economy...
A number of fisheries development projects are undertaken every year in recognition of the important role fisheries play in many coastal communities. The objectives and emphasis varies, but typically goes beyond a limited focus on fisheries management and the ecosystem to include essential economic and social impacts. This makes it...
The Fishery Performance Indicators (FPIs) have been successfully applied to commercial fisheries around the globe and have uncovered key insights into fishery management success. We developed an extension of the FPIs to consider performance of recreational fisheries. The Sport FPIs were developed through multiple iterations of consulting, piloting and revision...
Recently, several studies have investigated price behaviors of aquaculture and wild fisheries products and related the differences in price fluctuations to production technology, and environmental shocks. Researchers have also documented the evidence of asymmetric price responses along the supply chain of seafood products; however, a feature that has received little...
In this paper, we measure demand characteristics for imported cod products in Portugal. Portugal imports cod primarily in three forms; frozen, salted and salted & dried but consumption of cod is primarily salted & dried product. Norway is the major producer and exporter of salted & dried cod but Portugal...
Aquaculture has been the world's fastest growing food production technology in recent decades and the effects of its developments are felt in seafood markets worldwide. As a result, fishermen face an additional challenge that has the potential to impact their choice of whether to reduce participation, what species to target,...
Interest in sustainable fishing communities suggests the need to understand fishermen’s decisions about where to land fish. In this paper, we apply techniques used extensively to analyze fishing location choices to study landings location choices. We analyze detailed microdata from Norwegian groundfish vessels that land fish in fourteen different ports...
Tins paper addresses the importance of different product farms and their origin when considering the market structure in the European salmon market. The competition between Farmed Atlantic salmon and wild-caught pacific salmon has received some attention previously. However, this was before frozen Atlantic salmon emerged as an important product form...
Fishing overcapacity has lead to unsustainable harvesting and rent dissipation in global fisheries. Only government intervention of some kind can lead to a reduction in capacity. If efficiency is the primary objective for the regulator, then the least efficient vessels should be decommissioned. Here we analyze the Swedish fishery using...
Traditional fisheries management schemes provide fishermen with incentives to maximise their individual share of the catch, while individual vessel quota management schemes change incentives to maximise profits from their individual share of the catch. The way that one models the fishermen’s optimisation problem in empirical studies should reflect the changed...
The extent to which demand and supply shocks are transmitted in the value chain is an important topic. As many value chains cross international borders exchange rate pass through is an important element in this context. In this paper a multivariate system that allow us to test different hypothesis with...
Pursuit of the triple bottom line of economic, community and ecological sustainability has increased the complexity of fishery management; fisheries assessments require new types of data and analysis to guide science-based policy in addition to traditional biological information and modeling. We introduce the Fishery Performance Indicators (FPIs), a broadly applicable...
Salmon is one of the most successful aquaculture species measured in produced quantity and growth. The industry is highly export oriented, and creation of new markets has been instrumental for the industry's success. However, the rapid transformation of the markets due to the increased production has also led to a...
The Food and Agriculture Organization (FAO) of the United Nations has for years compiled prices and indexes for all major food categories, except fisheries. This gap has now been filled, and a fish price index has been developed. The FAO fish price index (FPI) relies on trade statistics because seafood...
Fishmeal prices have increased sharply since the mid-2005 and the relationship between the prices of animal and vegetable proteins have become weaker, at least temporarily. This can be explained by a relatively constant fishmeal supply, which have varied around 6-7 million metric tons the last two decades, and an increasing...
This paper examines the relationship between U.S. aquaculturists‟ intended actions to expand production capacity abroad and the factors influencing their choices. These factors include aquaculturists‟ perceptions of market conditions; regulatory climate; property rights; government leadership; and the comparative advantages of U.S. aquaculture, as well as the demographic characteristics of aquaculturists...
Ecolabels for seafood have now been available for almost ten years. After a slow start, the demand for seafood products that are certified to be sustainable has picked up. Moreover, an increasing number of
fisheries are seeking ecolabeling certification because it has become a de facto prerequisite for market access...
In industries that are characterized by frequent innovations and high productivity growth, substantial variation in both produced quantity and input use may occur and lead to increased cost. As both excessive input use and misallocation of inputs are costly for the producer, firm-specific measures of both technical and allocative inefficiency...
In this paper we use cointegration analysis and the Law of One Price to test for proportionality between hake prices at
different stages along the value chain in the French hake market. Cointegration analysis is an appropriate means of testing for
price proportionality when price series are non-stationary, as was...
The authors are research assistant, professor and department chair, and assistant professor in the Department of Environmental and Natural Resource Economics at the University of Rhode Island, respectively. Frank Asche is professor in the Department of Economics at the University of Stavanger, Norway. Funding for this project was provided by...
Traditional aquaculture has to a large extent used herbivore species with limited requirements for additional feeding. However, in intensive aquaculture production one farm carnivore species like salmon and also feeds herbivore species with fishmeal as this increase growth. This has lead to a growing concern that increased aquaculture production poses...