Economics for Fisheries Management

by Grafton,R. Quentin

• ISBN13: 9780754632498
• ISBN10: 0754632490
• Format: Hardcover
• Copyright: 2006-05-28
• Publisher: Routledge

Summary

Many of the world's fisheries face major challenges including overfishing, overcapacity and low returns. Using recent developments in microeconomic theory, and with numerous case-studies and examples, this book shows how to measure efficiency, productivity, profitability and capacity of fishing fleets and how to improve fisheries management. The book will prove invaluable to researchers, students and professionals interested in understanding the problems in fisheries and how they may be overcome. Economics for Fisheries Management addresses all of the major topics and methods for the economic evaluation of fisheries and demonstrates how these methods can be used to improve fisheries management.

Table of Contents

List of Figures	vii
List of Tables	viii
Foreword	ix
Preface	xi
Acknowledgements	xiii
List of Abbreviations	xiv
1 The Economics of Fishing and Fisheries Economics	1	(24)
1.1 Introduction	1	(1)
1.2 An All Too Common Tragedy	2	(1)
1.3 An Economic Perspective of Fisheries Management	3	(2)
1.4 Economics of Fishing	5	(6)
1.5 Beyond Maximum Economic Yield	11	(2)
1.6 Bioeconomic Modeling and the MEY Target	13	(8)
1.7 An Economic Guide to Fisheries Management	21	(4)
2 Data for Economic Analysis of Commercial Fisheries	25	(32)
2.1 Introduction	25	(1)
2.2 Unique Challenges of Economic Data Collection for Fisheries	25	(1)
2.3 Priorities in Data Collection	26	(1)
2.4 Types of Economic Data	27	(2)
2.5 Experimental and Non-Experimental Nature of Data	29	(5)
2.6 Aggregate and Microeconomic Data	34	(2)
2.7 Administrative Data	36	(3)
2.8 Survey Data	39	(5)
2.9 Measurement Issues	44	(2)
2.10 Outliers and Influential Observations	46	(1)
2.11 Missing Observations and Incomplete Data	46	(1)
2.12 What Type of Data Should be Collected?	47	(7)
2.13 Conclusions	54	(3)
3 Measurement and Analysis of Efficiency in Fisheries	57	(26)
3.1. Introduction	57	(1)
3.2 Efficiency and the Common Pool Problem	57	(2)
3.3 Allocative, Technical, Scale and Overall Efficiency	59	(9)
3.4 Predicting Efficiency	68	(6)
3.5 Fisheries Applications	74	(7)
3.6 Conclusions	81	(2)
4 Understanding and Measuring Capacity in Fisheries	83	(22)
4.1 Introduction	83	(1)
4.2 Defining Capacity and Related Concepts	83	(10)
4.3 Capacity Output and Capacity Utilization	93	(3)
4.4 Methods for Measuring Capacity	96	(2)
4.5 Fisheries Applications	98	(3)
4.6 Conclusions	101	(4)
5 Measuring Productivity and Decomposing Profits in Fisheries	105	(22)
5.1 Introduction	105	(3)
5.2 Productivity Measures in Fisheries	108	(1)
5.3 Output, Input and Productivity Indexes	109	(5)
5.4 'Decomposing' Profits and Measuring Productivity	114	(7)
5.5 Fisheries Applications	121	(5)
5.6 Conclusions	126	(1)
6 Economics for Fisheries Management	127	(14)
6.1 Introduction	127	(1)
6.2 Economic Insights for Fisheries Management	127	(2)
6.3 Problems with Input Controls	129	(1)
6.4 Policy Choices and Fisheries Management	130	(2)
6.5 Challenges of Uncertainty	132	(2)
6.6 Adaptive Management in Fisheries	134	(2)
6.7 Overcoming Failures in Fisheries	136	(1)
6.8 Future of Fisheries	137	(4)
Glossary	141	(16)
Index	157