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Bioeconomic model of spatial fishery management in developing countries

Author

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  • Akpalu, Wisdom

    (Department of History, Economics and Politics, Farmingdale State College, State University of New York)

  • Vondolia, Godwin K.

    (Department of Economics, School of Business, Economics and Law, Göteborg University)

Abstract

Fishers in developing countries do not have the resources to acquire advanced technologies to exploit offshore fish stocks. As a result, the United Nations Convention on the Law of the Sea requires countries to sign partnership agreements with distant water fishing nations (DWFNs) to exploit offshore stocks. However, for migratory stocks, the offshore may serve as a natural marine reserve (i.e., a source) to the inshore (i.e., sink); hence these partnership agreements generate spatial externality. In this paper, we present a bioeconomic model in which a social planner uses a landing tax (ad valorem tax) to internalize this spatial externality. We found that the tax must reflect the biological connectivity between the two patches, intrinsic growth rate, the price of fish, cost per unit effort and social discount rate. The results are empirically illustrated using data on Ghana.

Suggested Citation

  • Akpalu, Wisdom & Vondolia, Godwin K., 2011. "Bioeconomic model of spatial fishery management in developing countries," Working Papers in Economics 490, University of Gothenburg, Department of Economics.
  • Handle: RePEc:hhs:gunwpe:0490
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    File URL: http://gupea.ub.gu.se/handle/2077/24667
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    References listed on IDEAS

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    1. Hannesson, Rögnvaldur, 2008. "The exclusive economic zone and economic development in the Pacific island countries," Marine Policy, Elsevier, vol. 32(6), pages 886-897, November.
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    Cited by:

    1. Akpalu, Wisdom, 2013. "Foreign Aid and Sustainable Fisheries Management in Sub-Saharan Africa," WIDER Working Paper Series 100, World Institute for Development Economic Research (UNU-WIDER).
    2. Wisdom Akpalu & Isaac Dasmani & Ametefee K. Normanyo, 2015. "Optimum Fisheries Management under Climate Variability: Evidence from Artisanal Marine Fishing in Ghana," Sustainability, MDPI, vol. 7(6), pages 1-17, June.
    3. Quérou, N. & Tomini, A., 2013. "Managing interacting species in unassessed fisheries," Ecological Economics, Elsevier, vol. 93(C), pages 192-201.
    4. Wisdom Akpalu, 2013. "Foreign Aid and Sustainable Fisheries Management in Sub-Saharan Africa," WIDER Working Paper Series wp-2013-100, World Institute for Development Economic Research (UNU-WIDER).

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    More about this item

    Keywords

    Spatial fishery management; ad valorem tax; exclusive economic zone; developing countries;
    All these keywords.

    JEL classification:

    • N57 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - Africa; Oceania
    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery
    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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