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Fisheries Contributions to the Gross Domestic Product: Understanding Small-scale Fisheries in the Pacific

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Author Info
Zeller, Dirk
Booth, Shawn
Pauly, Daniel
Abstract

In developing countries, official statistics, national accounts, and economic development initiatives generally focus on commercial, often export-oriented fisheries, which are often perceived to be the major economic contribution of fisheries. While small-scale, non-commercial fisheries, especially near-shore subsistence fisheries, have been recognized as fundamental for social, cultural, and food security reasons, their catches are seldom accounted for in official statistics. Thus, their contributions to the Gross Domestic Product (GDP) are often not taken into consideration. Previously undertaken catch time-series reconstructions for small-scale coastal fisheries of two US flag island areas in the tropical Pacific (American Samoa and the Commonwealth of the Northern Mariana Islands [CNMI]) provided estimates of total catches for 1982–2002 (commercial and non-commercial) and suggested considerable discrepancies between reported (commercial) statistics and reconstructed (commercial plus noncommercial) estimates. We applied a valuation approach used by the Manila-based Asian Development Bank to the reconstructed catch data for non-pelagic species to estimate total near-shore fisheries contributions to national GDP using value-added estimators for each fisheries sector in combination with available price data for the period 1982–2002. This suggested that the contributions of small-scale fisheries to GDP for these two island areas may have been underestimated by a factor of over five, and indicated that the non-commercial sector plays a more significant role in national accounts as contributors to GDP than currently assumed. This analysis should challenge existing perspectives of marginality of non-commercial fisheries sectors to developing countries in general and should give international development agencies, as well as local governments, pause to rethink their prioritization of fisheries development support.

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Publisher Info
Article provided by Marine Resources Foundation in its journal Marine Resource Economics.

Volume (Year): 21 (2006)
Issue (Month): 4 ()
Pages:
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Handle: RePEc:ags:mareec:7035

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Related research
Keywords: Artisanal fisheries; catch reconstruction; coral reef fisheries; developing countries; GDP; national accounts; small-scale fisheries; subsistence fisheries; valuation; Resource /Energy Economics and Policy; Q22;

References listed on IDEAS
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  1. Marcel Fafchamps & Ruth Vargas Hill, 2005. "Selling at the Farmgate or Traveling to Market," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 87(3), pages 717-734, 08. [Downloadable!] (restricted)
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This page was last updated on 2009-12-26.


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