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...
