IDEAS home Printed from https://ideas.repec.org/a/eee/marpol/v55y2015icp81-89.html
   My bibliography  Save this article

From cannery to culinary luxury: The evolution of the global geoduck market

Author

Listed:
  • Shamshak, Gina Louise
  • King, Jonathan R.

Abstract

The global geoduck market evolved substantially over the past four decades. This paper identifies the key transitional periods and discusses the catalysts that contributed to the evolution of the global geoduck market since its commercial inception during the 1970s. Specifically, this paper focuses on how the transition to rights-based fisheries management in Canada׳s wild geoduck fishery fostered changes in product form and ex-vessel prices that impacted the entire wild geoduck industry. This evolution in turn facilitated the emergence of intertidal and subtidal geoduck aquaculture, which led to further changes in the global geoduck industry including changes in: sources of supply, volume of production, trade patterns, primary markets, preference for product attributes, and fishery value. The global geoduck industry is still evolving, and this paper identifies and discusses the key drivers and constraints facing the market as it moves forward.

Suggested Citation

  • Shamshak, Gina Louise & King, Jonathan R., 2015. "From cannery to culinary luxury: The evolution of the global geoduck market," Marine Policy, Elsevier, vol. 55(C), pages 81-89.
    • Handle: RePEc:eee:marpol:v:55:y:2015:i:c:p:81-89
    DOI: 10.1016/j.marpol.2015.01.014
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0308597X15000251
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.marpol.2015.01.014?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Campbell, David & Brown, Debbie & Battaglene, Tony, 2000. "Individual transferable catch quotas: Australian experience in the southern bluefin tuna fishery," Marine Policy, Elsevier, vol. 24(2), pages 109-117, March.
    2. Delgado, C.L. & Wada, N. & Rosegrant, M.W. & Meijer, S. & Ahmed, M., 2003. "Fish to 2020: supply and demand in changing global markets," Monographs, The WorldFish Center, number 15796, April.
    3. H. Scott Gordon, 1954. "The Economic Theory of a Common-Property Resource: The Fishery," Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 9, pages 178-203, Palgrave Macmillan.
    4. Lynham, John, 2014. "How have catch shares been allocated?," Marine Policy, Elsevier, vol. 44(C), pages 42-48.
    5. R. Quentin Grafton & Ragnar Arnason & Trond Bjorndal & David Campbell & Harry F. Campbell & Colin W. Clark & Robin Connor & Diane P. Dupont & Rognvaldur Hannesson & Ray Hilborn & James E. Kirkley & To, 2005. "Incentive-based approaches to sustainable fisheries," Economics and Environment Network Working Papers 0508, Australian National University, Economics and Environment Network.
    6. Dupont, Diane P., 2014. "Rights-based management in Canada: Lessons from two coasts and a centre," Marine Policy, Elsevier, vol. 44(C), pages 60-64.
    7. Diego Valderrama & James L. Anderson, 2013. "Improving the Economic Management of the Bristol Bay (Alaska) Sockeye Salmon Fishery in the Age of Aquaculture," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 61(2), pages 145-170, June.
    8. Asche, Frank & Eggert, Håkan & Gudmundsson, Eyjolfur & Hoff, Ayoe & Pascoe, Sean, 2008. "Fisher's behaviour with individual vessel quotas--Over-capacity and potential rent: Five case studies," Marine Policy, Elsevier, vol. 32(6), pages 920-927, November.
    9. Homans, Frances R. & Wilen, James E., 1997. "A Model of Regulated Open Access Resource Use," Journal of Environmental Economics and Management, Elsevier, vol. 32(1), pages 1-21, January.
    10. Nicolás L. Gutiérrez & Ray Hilborn & Omar Defeo, 2011. "Leadership, social capital and incentives promote successful fisheries," Nature, Nature, vol. 470(7334), pages 386-389, February.
    11. H. Scott Gordon, 1954. "The Economic Theory of a Common-Property Resource: The Fishery," Journal of Political Economy, University of Chicago Press, vol. 62, pages 124-124.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Asche, Frank & Smith, Martin D., 2010. "Trade and fisheries: Key issues for the World Trade Organization," WTO Staff Working Papers ERSD-2010-03, World Trade Organization (WTO), Economic Research and Statistics Division.
    2. Stephanie McWhinnie & Kofi Otumawu-Apreku, 2013. "The Role of Fixed Cost and Non-Discretionary Variables in Fisheries: A Theoretical and Empirical Investigation," School of Economics and Public Policy Working Papers 2013-14, University of Adelaide, School of Economics and Public Policy.
    3. Standal, Dag & Sønvisen, Signe Annie & Asche, Frank, 2016. "Fishing in deep waters: The development of a deep-sea fishing coastal fleet in Norway," Marine Policy, Elsevier, vol. 63(C), pages 1-7.
    4. Yamazaki, Satoshi & Jennings, Sarah & Quentin Grafton, R. & Kompas, Tom, 2015. "Are marine reserves and harvest control rules substitutes or complements for rebuilding fisheries?," Resource and Energy Economics, Elsevier, vol. 40(C), pages 1-18.
    5. Liu, Jing & Qin, Tianbao, 2018. "A Comparative Analysis of Fishing Rights From a Transaction Cost Perspective," Ecological Economics, Elsevier, vol. 153(C), pages 89-99.
    6. Péreau, J.-C. & Doyen, L. & Little, L.R. & Thébaud, O., 2012. "The triple bottom line: Meeting ecological, economic and social goals with individual transferable quotas," Journal of Environmental Economics and Management, Elsevier, vol. 63(3), pages 419-434.
    7. Kanchanaroek, Yingluk & Termansen, Mette & Quinn, Claire, 2013. "Property rights regimes in complex fishery management systems: A choice experiment application," Ecological Economics, Elsevier, vol. 93(C), pages 363-373.
    8. Tarui, Nori & Mason, Charles F. & Polasky, Stephen & Ellis, Greg, 2008. "Cooperation in the commons with unobservable actions," Journal of Environmental Economics and Management, Elsevier, vol. 55(1), pages 37-51, January.
    9. Berck, Peter & Costello, Christopher, 2000. "Overharvesting the traditional fishery with a captured regulator," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt94t2p8qq, Department of Agricultural & Resource Economics, UC Berkeley.
    10. Akihito Asano & Kelly Neill & Satoshi Yamazaki, 2016. "Decomposing Fishing Effort: Modelling The Sources Of Inefficiency In A Limited-Entry Fishery," Economics Discussion / Working Papers 16-23, The University of Western Australia, Department of Economics.
    11. Berry, Kevin & Fenichel, Eli P. & Robinson, Brian E., 2019. "The ecological insurance trap," Journal of Environmental Economics and Management, Elsevier, vol. 98(C).
    12. Gabriel Natividad, 2016. "Quotas, Productivity, and Prices: The Case of Anchovy Fishing," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 25(1), pages 220-257, March.
    13. Gardner Brown, 2000. "Renewable Natural Resource Management and Use Without Markets," Working Papers 0025, University of Washington, Department of Economics.
    14. Martinet, Vincent & Thebaud, Olivier & Doyen, Luc, 2007. "Defining viable recovery paths toward sustainable fisheries," Ecological Economics, Elsevier, vol. 64(2), pages 411-422, December.
    15. Homans, Frances R. & Wilen, James E., 2000. "Market Rent Dissipation In Regulated Open Access Fisheries," 2000 Annual meeting, July 30-August 2, Tampa, FL 21878, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    16. Sethi, Gautam & Costello, Christopher & Fisher, Anthony & Hanemann, Michael & Karp, Larry, 2005. "Fishery management under multiple uncertainty," Journal of Environmental Economics and Management, Elsevier, vol. 50(2), pages 300-318, September.
    17. Sirak Robele Gari & Alice Newton & John D. Icely & Maria Mar Delgado-Serrano, 2017. "An Analysis of the Global Applicability of Ostrom’s Design Principles to Diagnose the Functionality of Common-Pool Resource Institutions," Sustainability, MDPI, vol. 9(7), pages 1-17, July.
    18. Manning, Dale T. & Uchida, Hirotsugu, 2014. "Are Two Rents Better than None? When Monopoly Harvester Co-ops are Preferred to a Rent Dissipated Resource Sector," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 171628, Agricultural and Applied Economics Association.
    19. Bellanger, Manuel & Fonner, Robert & Holland, Daniel S. & Libecap, Gary D. & Lipton, Douglas W. & Scemama, Pierre & Speir, Cameron & Thébaud, Olivier, 2021. "Cross-sectoral externalities related to natural resources and ecosystem services," Ecological Economics, Elsevier, vol. 184(C).
    20. McCay, Bonnie J. & Micheli, Fiorenza & Ponce-Díaz, Germán & Murray, Grant & Shester, Geoff & Ramirez-Sanchez, Saudiel & Weisman, Wendy, 2014. "Cooperatives, concessions, and co-management on the Pacific coast of Mexico," Marine Policy, Elsevier, vol. 44(C), pages 49-59.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:marpol:v:55:y:2015:i:c:p:81-89. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/marpol .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.