Early studies of economies of scale show that ownership limitations imposed large costs on salmon farming firms prior to the deregulation of the industry in 1991. Since then a number of mergers and acquisitions have taken place and the industry has become far more concentrated. Despite this, a number of...
Washington state is currently developing a marine spatial plan for its outer coast under a mandate from its Legislature. One key mandate for the plan involves mapping areas that have “high potential for renewable energy production with minimal potential for conflicts with existing uses and sensitive environments.” Fisheries are a...
Information on the total costs associated with commercial fishing is essential to quantitative estimation of fisheries performance measures that indicate the fleet’s economic health over time as biological, management and cost conditions change. NOAA’s Northeast Fisheries Science Center (NEFSC) collects fixed and labor costs on a periodic basis through voluntary...
While the importance of international trade in fish products has long been recognized, international trade in fishing services (TIFS), involving harvesting, processing, transportation and marketing has received but little attention. Yet, one half of the world’s EEZs involve foreign fishing arrangements, resulting in such trade. The World Bank report, Trade...
The evidence of the destructive economic and biological consequences of “bad” fisheries subsidies is now all but overwhelming. Yet still these subsidies persist, in spite of the evidence. This paper looks at ways of escaping the fisheries subsidies trap, by pursuing and developing a theme, which this author first put...
Maps of fishing locations are important in assessing fishery exposure to management alternatives and facilitates stakeholder outreach (e.g. the New England Fishery Management Council’s Omnibus Habitat Amendment 2, http://www.nefmc.org/library/omnibus-habitat-amendment-2 and the Mid-Atlantic Fishery Management Council’s Amendment 16 to the Atlantic Mackerel, Squid, and Butterfish Fishery Management Plan, https://www.greateratlantic.fisheries.noaa.gov/regs/2016/September/16msbamend16ea.pdf). Fishing location...
Parasites and diseases represent major challenges in aquaculture. In the Norwegian salmon farming industry, costs associated with treatment of sea lice are surging and reached 5bn NOK or 10% of the industry’s total export value in 2015. In addition to the direct impact on production, sea lice affect the industry...
Countries exploiting transboundary fisheries face strong incentives for over- exploitation. This basic economic insight has been validated empirically; transboundary fisheries tend to be in worse condition than fisheries in single nations. Thus, transboundary fisheries pose a significant, and globally ubiquitous, management challenge. Attempts to solve this challenge through cross-country cooperation...
Property rights are the foundation of institutions that shape economic decisions ranging from individual transactions to the performance of a country’s economy. The incentives generated by the institutions in place also translate into measures of vulnerability and recovery in the face of natural disasters. Using the example of Chilean fisheries...
The South Pacific Tuna Treaty has existed as a model of international fishery cooperation since 1988. However, in 2016, changing economic conditions led to an impasse between United States purse seine interests and the Forum Fisheries Agency (FFA) over payment of vessel day fees. The impasse resulted in the United...
This research incorporates unique household survey data and a discrete shift in fisheries management into a model of migration in order to analyze the drivers of outmigration in rural Alaskan communities that traditionally depend on fisheries for income. Although there is evidence that a transition to rights-based management decreases the...
This paper is to investigate how climate change affect fisheries resources and economic performance of fishing sector and coastal communities in the Arctic with a focus on Svalbard Fisheries Protection Zone. Climate change is projected to alter the productivity of our oceans, the distribution, abundance, composition, quality and quantity of marine...
We investigated the own- and cross-price elasticity of supply (PES) of 20 fish and shellfish species, caught in mixed fisheries off southwestern Taiwan and serving the local fresh seafood market. Because the licensed fishermen face little regulation constraining their behavior, we hypothesize that they adjust their catch profiles so as...
In May 2016, the NOAA Science Advisory Board, Ecosystem Services and Management Working Group, submitted a report to the NOAA Administrator entitled, An Assessment of the Use and Potential Use of Ecosystem Service Valuation (ESV) within NOAA: A Report from the NOAA Science Advisory Board”. While the report covers all...
It has long been argued that the Gulf of Mexico commercial reef fish fishery would benefit economically by being managed by “a system of tradable harvest permits” (Weninger and Waters 2003; Waters 2001). Between 2007 and 2010, all the major species in this fishery were transitioned into catch share management,...
The literature on ecosystem service valuation has grown considerably in the past decade as nations around the world have moved towards adopting more holistic, systems-level frameworks to managing both marine and terrestrial resources, ones recognizing and accounting for the interconnectedness of all parts of the ecosystem. In these frameworks, economic...
We develop econometric models to jointly estimate revealed preference (RP) and stated preference (SP) models of recreational fishing behavior and preferences using survey data from the 2007 Alaska Saltwater Sportfishing Economic Survey. The RP data are from site choice survey questions, and the SP data are from a discrete choice...
Los Islotes is the southernmost breeding site of the California sea lion (Zalophus californianus) in Northern Hemisphere and represents one of the most important economic activities for the city of La Paz, Mexico. The increasing tourism activity grew without any control until researchers and organizations started to be concerned about...
In February 2010, two agreements were finalized by Federal, State, and Tribal governments and PacifiCorp, a utility company that owns dams on the Klamath River: the Klamath Basin Restoration Agreement (KBRA) and the Klamath Hydroelectric Settlement Agreement (Settlement Agreement). These agreements included provisions that would affect the Klamath River Basin...
The U.S. National Marine Fisheries Service, and its precursor agency, has collected information about the cost of commercial fishing since the 1950’s. The efforts were intermittent and geographically sporadic until 2000 when a systematic approach was developed and supported by ongoing budgetary commitments. Information about which fisheries within each region...