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Cooperation and sales revenue of fisheries: Evidence from France

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  • Vasse, Victor
  • Wolff, François-Charles

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-in-differences 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

  • Vasse, Victor & Wolff, François-Charles, 2022. "Cooperation and sales revenue of fisheries: Evidence from France," Ecological Economics, Elsevier, vol. 198(C).
    • Handle: RePEc:eee:ecolec:v:198:y:2022:i:c:s0921800922001215
    DOI: 10.1016/j.ecolecon.2022.107459
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    References listed on IDEAS

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    More about this item

    Keywords

    Fisheries; Fish markets; Sales revenue; Difference-in-differences estimation;
    All these keywords.

    JEL classification:

    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery

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