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Cooperation and sales revenue of fisheries

Author

Listed:
  • Victor Vasse

    (ricep - Reseau d'information et de communication en economie des pêches)

  • François-Charles Wolff

    (LEMNA - Laboratoire d'économie et de management de Nantes Atlantique - Nantes Univ - IAE Nantes - Nantes Université - Institut d'Administration des Entreprises - Nantes - Nantes Université - pôle Sociétés - Nantes Univ - Nantes Université)

Abstract

This paper relies on a natural experiment to study the short-term consequences of a reduction of the trawler fleet on the economic situation of fisheries. In the context of the Covid pandemic, a scenario of cooperation leading to a weekly rotation of trawlers was set up for four weeks in May 2020 in the port of Le Grau-du-Roi located on the Mediterranean Sea. However, this scenario was not utilized in the nearby port of Sète. Using detailed transaction data, we rely on a difference-indifferences strategy to assess the impact of the large decrease (around 45%) in the number of trawlers selling fish on a daily basis during the cooperation period. We show that the daily sales revenue per active trawler increased more in Le Grau-du-Roi than in Sète (around 20%) due to higher fish catches, presumably due to a decrease in congestion. However, we find that the evolution of the total revenue per trawler was much lower (around 40%) in Le Grau-du-Roi than in Sète because of the cooperation, meaning that the decrease in fishing time had not been offset at all by the increase in daily sales revenue.

Suggested Citation

  • Victor Vasse & François-Charles Wolff, 2022. "Cooperation and sales revenue of fisheries," Post-Print hal-03913069, HAL.
    • Handle: RePEc:hal:journl:hal-03913069
    DOI: 10.1016/j.ecolecon.2022.107459
    Note: View the original document on HAL open archive server: https://hal.science/hal-03913069
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    References listed on IDEAS

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    Keywords

    fisheries; fish markets; sales revenue; difference-in-differences estimation;
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