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Fisheries resources are an important component of natural resources. It is an important source of high-quality animal protein and food for humans, which provides employment, economic benefits and social welfare for people engaged in fishing activities. It also has played an important role in food safety, economic development, and foreign trade. Fisheries resources economics is an important branch of both applied economics and resource economics. Its research object is fishery resources and its economic problems. The economics of fishery resources is to focus on the relationship between the demand for human economic activities and the supply of fishery resources, as well as between fishery resources and its development. This book expounds the reasons for the economic problems of fishery resources and the theoretical principles for solving them, so as to reveal the objective rules of the allocation of fishery resources in different regions and at different times, to coordinate the relationship between the utilization of fishery resources and economic development, and to realize the sustainable development of fishery economy. This book will also provide learning materials for undergraduates, graduate students and practitioners engaged in fishery resources development and scientific management.
A true landmark publication, Advances in Fisheries Economics brings together many of the world’s leading fisheries economists to authoritatively cover the many issues facing the field of fisheries economics and management today. Compiled in honour of the work and achievements of Professor Gordon Munro of the University of British Columbia, Canada, this exceptional volume of research serves as both a valuable reference tool and fitting tribute to a man whose work has shaped the discipline. Divided into four sections, the text includes coverage of: • Property Rights and Fisheries Management • Capital Theory and Natural Resources • Game Theory and International Fisheries • Applied Fisheries Economics and Management The book is an important addition to the resources of all fisheries economists, managers, scientists and fish biologists. Libraries in universities and research establishments where these subjects are studied and taught should have copies on their shelves. About the Editors Dr. Trond Bjørndal is Professor of Economics, Centre for Fisheries Economics, Institute for Research in Economics and Business Administration, Bergen, Norway and Director, CEMARE, University of Portsmouth, England. Dr. Daniel V. Gordon is Professor of Economics, University of Calgary, Canada and Distinguished Research Fellow, Centre for Fisheries Economics, Institute for Research in Economics and Business Administration, Bergen, Norway Dr. Ragnar Arnason is Professor of Economics and the Chairman of the Institute of Economic Studies, University of Iceland. Dr. U. Rashid Sumaila is Director of the Fisheries Economics Research Unit, Fisheries Centre, University of British Columbia.
Capture fisheries make contributions to the world economy that are below their potential. Many of the world's capture fishery resources have been overexploited with some facing collapse. This book presents an overview of the current economics of capture fisheries and examines how they can achieve their full economic potential
Infinity Fish: Economics and the Future of Fish and Fisheries is a practical and science-based reference that demonstrates how to value the benefits from restored marine ecosystems to sustain ocean and fishery resources for years to come. It discusses ecological and economical aspects to support the preservation of marine resources by understanding cost-benefits of fishery management systems. The book explains the economic benefits of restoring ecosystems that have been overexploited and how to maintain fisheries in a sustainable level. Infinity Fish: Economics and the Future of Fish and Fisheries is a useful reference to a wide range of audiences. It is for those who wish to make systematic efforts to develop their fisheries sector, scientists and researchers, anyone in fisheries management, marine resource management, economists, fish farmers, policy makers, leaders and regulators, operations researchers, as well as faculty and students. Includes case studies for each topic and provides detailed summaries to further understand them Presents examples and practical applications of cost-benefit concepts Provides models of statistical analysis to optimize decision making
This book provides a detailed overview to the topic of international fisheries governance and the drivers of IUU fishing. Technologies that directly address these challenges reduce costs and improve and expand farm operations both offshore and especially on land are reported in this communication. The book provides information on the following areas to scientists, resource managers and researchers working with big data to advance more sustainable fisheries practices. Modeling in the areas of Feed Conversion Ratio (FCR), Specific Feeding Ratio (SFR), Key Performance Indicators (KPI) that are needed for efficient management of resources for sustainable production from fisheries sector. Neural Network forecasts that exceeded other traditional forecasting methods such as linear or logistic regression systems. Application of Big Data Analytics in aquaculture that facilitated to bring the techniques of aquaculture to a new level of in depth understanding and unlocking the economic potential of improved management decisions particularly can spot business trends, prevent disease, combat crime, and even revolutionize the health of fisheries. Application of ANN to forecast water quality and temperature that benefits aquaculture process control. Sensor Technology that offers real-time environmental monitoring system for aquaculture in a wide range of areas and visual signal processing system to continuously control the feeding process of fish in aquaculture tanks. Artificial Intelligence Systems that in turn helps in increased process efficiency; reduced energy and water losses; reduced labor costs; reduced stress and disease; better understanding of the process and efficient accounting are also. Data Mining for better control on the food loss and food quality in the aqua farming industry. Analysis of Value Chain of Processed Fish Products Partial Budget Analysis for better understanding of the farm’s financial status and more efficient use of the resources available particularly for aquaculture practices. Tips for right type of statistical test to equip the social science researchers capable of performing of Statistical tests for various rating scales mostly used for social sciences research. A holistic, global-scale focus on challenges of IUU and technology initiatives to face the challenge This unique book explores a wide range of analytical issues centered on the aquaculture process management. It is expected that this book will be most useful who aims in achieving FAO’s Sustainable Development Goal 14, which calls on the international community to effectively regulate fish harvesting end overfishing, illegal fishing, and destructive fishing practices, and to implement science-based management.
How can we manage a so-called "renewable" natural resource such as a fishery when we don't know how renewable it really is? James A. Crutchfield and Arnold Zellner developed a dynamic and highly successful economic approach to this problem, drawing on extensive data from the Pacific halibut industry. Although the U.S. Department of the Interior published a report about their findings in 1962, it had very limited distribution and is now long out of print. This book presents a complete reprint of Crutchfield and Zellner's pioneering study, together with a new introduction by the authors and four new papers by other scholars. These new studies cover the history of the Pacific halibut industry as well as the general and specific contributions of the original work—such as price-oriented conservation policy—to the fields of resource economics and management. The resulting volume integrates theory and practice in a clear, well-contextualized case study that will be important not just for environmental and resource economists, but also for leaders of industries dependent on any natural resource.
The fishing industry's critical dependence on the natural environment makes it very different from other economic sectors. The industry comprises everything from operator-owned small boats to large corporations operating fleets of high-tech trawlers or purse seiners processing their catches into finished products. All however exploit a common resource. This book provides an introduction to the economics of the fishing industry and the role of fisheries in the world economy. It focuses primarily on capture fisheries, although the discussion brings in wider acquaculture for comparative analysis. Trade in fish products and how it has developed is highlighted, as well as the main rules governing the fish trade. The basic concept of sustainable yield is explained and how economically optimal exploitation is used to avoid overexploitation. The book discusses the variability of fish stocks and uses case studies of some spectacular stock crashes that have occurred. The law of the sea is explained and how the movement of fish stocks across ocean boundaries has meant the development of government and inter-governmental bodies to manage international fisheries. At the heart of this management lies the quota system and the book outlines how it works and how, controversially, such quotas have become transferable and have acquired elements of private ownership. The regulation of the fishing industry is shown to be fundamental to prevent the possible total depletion of fish stocks, yet political pressure from the industry and from pressure groups can make the industry less efficient than it could be. Wider questions about whether fisheries management should only be about food production are also considered. The book offers readers a comprehensive and rigorous guide to the economic considerations motivating the industry and highlights the environmental challenges facing the sector as global consumption of fish continues to rise.
First Published in 2011. Routledge is an imprint of Taylor & Francis, an informa company.
Although the United States and other affluent nations havemore than an adequate food supply, other nations daily facethe specter of starvation. The world now has a critical population/food dilemma of potentially major proportions. Production fromthe sea and the land is not keeping pace with a world populationthat is doubling every thirty-five years. Unless this age-oldMalthusian problem is solved, millions face starvation and ultimatelydeath.The situation has stimulated substantial international interestin the sea as a source of food and raw materials. The potentialof the sea-not as a panacea, but as an important source of proteinto augment the world's food supplies and thereby as a meansof mitigating the crises we face-is a continuing theme throughoutthis book. At present, fish provide approximately 9 percentof the world's protein. Fish are sought not only for food butalso for recreation and pleasure. What forces determine the presentsupply and demand for fishery products? More important,what steps are needed to utilize the full potential of the sea asa source of food and recreation? This book explores these forcesand thus provides an insight into food potential from the sea.