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Use and non-use values in an applied bioeconomic model of fisheries and habitat connections

Author

Listed:
  • Claire W. Armstrong

    (University of Tromsø; The Arctic University of Norway)

  • Viktoria Kahui

    (University of Otago)

  • Godwin K. Vondolia

    (University of Tromsø; The Arctic University of Norway)

  • Margrethe Aanesen

    (University of Tromsø; The Arctic University of Norway)

  • Mikołaj Czajkowski

    (Faculty of Economic Sciences, University of Warsaw)

Abstract

In addition to indirect support to fisheries, marine habitats also provide non-use benefits that are overlooked in most existing bioeconomic models. Our paper expands a dynamic bioeconomic fisheries model in which the presence of natural habitats not only reduces the cost of fishing, via aggregation effects, but also supplies non-use benefits. The theoretical model is illustrated with the analysis of cold water corals in Norway where two fishing methods are considered – destructive bottom trawl and non-destructive coastal gear. Non-use values of cold water corals in Norway are estimated using a discrete choice experiment. Both the theoretical model and its empirical applications show how non-use values impact upon the optimal fishing practices.

Suggested Citation

  • Claire W. Armstrong & Viktoria Kahui & Godwin K. Vondolia & Margrethe Aanesen & Mikołaj Czajkowski, 2015. "Use and non-use values in an applied bioeconomic model of fisheries and habitat connections," Working Papers 2015-37, Faculty of Economic Sciences, University of Warsaw.
    • Handle: RePEc:war:wpaper:2015-37
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    File URL: http://www.wne.uw.edu.pl/index.php/download_file/2116/
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    Citations

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    Cited by:

    1. Hynes, Stephen & Chen, Wenting & Vondolia, Kofi & Armstrong, Claire & O’Connor, Eamonn, 2020. "Valuing the Ecosystem Service Benefits from Kelp Forest Restoration: A Choice Experiment," Working Papers 309505, National University of Ireland, Galway, Socio-Economic Marine Research Unit.
    2. Costello, Christopher & Molina, Renato, 2021. "Transboundary marine protected areas," Resource and Energy Economics, Elsevier, vol. 65(C).
    3. Thanh Viet Nguyen & Manh Hung Nguyen & Quang Van, 2018. "Is Green Growth Possible in Vietnam? The Case of Marine Capture Fisheries," Biophysical Economics and Resource Quality, Springer, vol. 3(3), pages 1-10, September.
    4. Alain Jean-Marie & Mabel Tidball, 2023. "Dynamic fishing with endogenous habitat damage," Post-Print hal-04136790, HAL.
    5. John Robinson, Peter & van Beukering, Pieter & Brander, Luke & Brouwer, Roy & Haider, W. & Taylor, Michael & Mau, Paulus, 2022. "Understanding the determinants of biodiversity non-use values in the context of climate change: Stated preferences for the Hawaiian coral reefs," Ecosystem Services, Elsevier, vol. 53(C).
    6. Pascoe, Sean & Hutton, Trevor & Hoshino, Eriko, 2018. "Offsetting Externalities in Estimating MEY in Multispecies Fisheries," Ecological Economics, Elsevier, vol. 146(C), pages 304-311.
    7. Bui Bich Xuan & Claire W. Armstrong, 2019. "Trading Off Tourism for Fisheries," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 73(2), pages 697-716, June.
    8. Godwin K. Vondolia & Wenting Chen & Claire W. Armstrong & Magnus D. Norling, 2020. "Bioeconomic Modelling of Coastal Cod and Kelp Forest Interactions: Co-benefits of Habitat Services, Fisheries and Carbon Sinks," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 75(1), pages 25-48, January.
    9. Hynes, Stephen & Chen, Wenting & Vondolia, Kofi & Armstrong, Claire & O'Connor, Eamonn, 2021. "Valuing the ecosystem service benefits from kelp forest restoration: A choice experiment from Norway," Ecological Economics, Elsevier, vol. 179(C).
    10. Mariel, Petr & Artabe, Alaitz, 2020. "Interpreting correlated random parameters in choice experiments," Journal of Environmental Economics and Management, Elsevier, vol. 103(C).

    More about this item

    Keywords

    renewable; non-renewable; habitat; fishery; bioeconomic; use and non-use value;
    All these keywords.

    JEL classification:

    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery
    • Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects

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