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Fishery externalities and biodiversity: Trade-offs between the viability of shrimp trawling and the conservation of Frigatebirds in French Guiana

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  • Martinet, Vincent
  • Blanchard, Fabian

Abstract

Sustainable management of natural resources, and in particular fisheries, must take into account several conflicting objectives. This is the case in the French Guiana shrimp fishery for which profitability objectives imply a reduction in the fishing activity. On the one hand, this fishery has negative externalities on marine biodiversity due to discards. On the other hand, this fishery has positive externalities on the economy of the local community and interestingly enough on a protected seabird species in the area (the Frigatebird that feeds on discards). In this paper, we examine the viability of that system considering two sustainability objectives: an economic objective in terms of the profitability of the fishing activity, and a conservation objective in terms of the Frigatebird population. For that purpose, we have developed a dynamic model of that bioeconomic system and study here the trade-offs between the two conflicting objectives. It provides a means to quantify the necessary give and takes involving the economic and ecological objectives that would ensure a viable management solution. Our study confirms the relevance of the viability approach to address natural resource management issues, which should lead to the development of new tools for the arbitration of conflicting sustainability objectives. In particular, such tools could be used as a quantitative basis for cost-benefit analysis taking into account environmental externalities.

Suggested Citation

  • Martinet, Vincent & Blanchard, Fabian, 2009. "Fishery externalities and biodiversity: Trade-offs between the viability of shrimp trawling and the conservation of Frigatebirds in French Guiana," Ecological Economics, Elsevier, vol. 68(12), pages 2960-2968, October.
    • Handle: RePEc:eee:ecolec:v:68:y:2009:i:12:p:2960-2968
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    3. Morshed, Md. Manjur & Islam, Md. Sariful & Lohano, Heman Das & Shyamsundar, Priya, 2020. "Production externalities of shrimp aquaculture on paddy farming in coastal Bangladesh," Agricultural Water Management, Elsevier, vol. 238(C).
    4. Nicolas Sanz & Bassirou Diop, 2015. "A search-matching model of fisheries," Working Papers hal-01228851, HAL.
    5. Nicolas Sanz & Bassirou Diop, 2022. "Endogenous catch per unit effort and congestion externalities between vessels in a search‐matching model: Evidence from the French Guiana shrimp fishery," Bulletin of Economic Research, Wiley Blackwell, vol. 74(3), pages 838-853, July.
    6. Alessandro Fiori Maccioni, 2018. "Environmental depletion, defensive consumption and negative externalities," Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 41(2), pages 203-218, November.

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