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Bioeconomics of the Philippine small pelagics fishery

Author

Listed:
  • Trinidad, A.C.
  • Pomeroy, R.S.
  • Corpuz, P.V.
  • Agⁿero, M.

Abstract

Time series analysis of catch and effort data in the Philippines small pelagics fishery resulted in a level of biological and economic overexploitation. Open-access equilibrium has been reached at 410,000 hp representing a catch level of 465,000 tonnes. Present levels of effort would have to be reduced by 40% to attain maximum economic yield. An analysis of producer surplus showed that municipal aand commercial fishers were sustaining pure losses amounting to P9.4 billion indicating misallocation of labor and capital in an already overexploited fishery. Solutions to fisheries management problems are shown to emanate not just from the fishery, but more importantly, from the broader macroeconomic environment.

Suggested Citation

  • Trinidad, A.C. & Pomeroy, R.S. & Corpuz, P.V. & Agⁿero, M., 1993. "Bioeconomics of the Philippine small pelagics fishery," Monographs, The WorldFish Center, number 7817, April.
  • Handle: RePEc:wfi:wfbook:7817
    as

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    File URL: http://hdl.handle.net/20.500.12348/2929
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    Citations

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    Cited by:

    1. Israel, Danilo C., 2000. "The Milkfish Broodstock-Hatchery Research and Development Program and Industry: A Policy Study," Discussion Papers DP 2000-05, Philippine Institute for Development Studies.
    2. Baylon, C.C., 2007. "Micro-enterprise development in selected fishing communities in the province of Iloilo, Philippines," Monographs, The WorldFish Center, number 37460, April.
    3. Israel, Danilo C. & Briones, Roehlano M., 2014. "Enhancing Supply Chain Connectivity and Competitiveness of ASEAN Agricultural Products: Identifying Choke Points and Opportunities for Improvement," Discussion Papers DP 2014-07, Philippine Institute for Development Studies.
    4. Israel, Danilo C. & Banzon, Cesar P., 1997. "Overfishing in the Philippine Commercial Marine Fisheries Sector," Discussion Papers DP 1997-01, Philippine Institute for Development Studies.
    5. Israel, Danilo C., 2014. "The Potential Impacts of a Free Trade Agreement with the European Union on the Philippine Fisheries Sector," Discussion Papers DP 2014-03, Philippine Institute for Development Studies.

    More about this item

    Keywords

    Pelagic fisheries; Bioeconomics; Fishery economics; Fishery management; Philippines;
    All these keywords.

    JEL classification:

    • Q00 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - General

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