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Economic modelling of the live reef fish trade in Asia-Pacific: Developing an approach and preliminary analysis

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  • Reef fish traded alive for table food is a high value-to-volume fishery, with demand centred in luxury markets in Hong Kong and southern mainland China. Approximately twenty countries in the Asia-Pacific region supply these markets. A number of economic, environmental and social issues have arisen from the trade; including the sustainability of wild stocks (it is likely that future demand will need to be met from mariculture), the use of destructive fishing practices in some countries, and the market effects of economic shocks (such as the Asian economic crisis). This paper presents a theoretical framework and preliminary analysis of the trade. Key data challenges and linkages to other fishery models are also outlined.
  • Keywords: Demand and Supply, Asia-Pacific, Fisheries Economics, trade, economic modeling
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  • Petersen, Elizabeth Helen, Geoffrey Muldoon, Brian Johnston. 2004. Economic modelling of the live reef fish trade in Asia-Pacific: Developing an approach and preliminary analysis. Peer Review: No. In: Proceedings of the Twelfth Biennial Conference of the International Institute of Fisheries Economics & Trade, July 20-30, 2004, Tokyo, Japan: What are Responsible Fisheries? Compiled by Ann L. Shriver. International Institute of Fisheries Economics & Trade, Corvallis, Oregon, USA, 2004. CD ROM. ISBN 0-9763432-0-7
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