IDEAS home Printed from https://ideas.repec.org/a/eee/marpol/v35y2011i4p489-495.html
   My bibliography  Save this article

Net economic effects of achieving maximum economic yield in fisheries

Author

Listed:
  • Norman-López, Ana
  • Pascoe, Sean

Abstract

Improving the economic performance of fisheries is becoming increasingly important in fisheries management, and in some cases, maximum economic yield (MEY) is set as a key management target. However, recent critics of MEY as a management target have argued that a decline in the level of fishing activity necessary to achieve the target will result in a subsequent loss of economic activity elsewhere in the economy and, potentially, a net loss to society. In this paper, an input-output framework is used to estimate the net economic effects of achieving MEY in several Australian fisheries for which there is information on their short- and long-term performances when moving towards MEY. While overall losses were found in the short term, achieving MEY was found to result in a net economic benefit to society in the longer term. Local coastal communities in particular were found to benefit, although some losses were incurred elsewhere in the economy.

Suggested Citation

  • Norman-López, Ana & Pascoe, Sean, 2011. "Net economic effects of achieving maximum economic yield in fisheries," Marine Policy, Elsevier, vol. 35(4), pages 489-495, July.
  • Handle: RePEc:eee:marpol:v:35:y:2011:i:4:p:489-495
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0308-597X(10)00214-9
    Download Restriction: Full text for ScienceDirect subscribers only

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:eee:ecolec:v:146:y:2018:i:c:p:304-311 is not listed on IDEAS
    2. Caputi, Nick & de Lestang, Simon & Reid, Chris & Hesp, Alex & How, Jason, 2015. "Maximum economic yield of the western rock lobster fishery of Western Australia after moving from effort to quota control," Marine Policy, Elsevier, vol. 51(C), pages 452-464.
    3. Surís-Regueiro, Juan C. & Garza-Gil, M. Dolores & Varela-Lafuente, Manuel M., 2014. "Socio-economic quantification of fishing in a European urban area: The case of Vigo," Marine Policy, Elsevier, vol. 43(C), pages 347-358.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:marpol:v:35:y:2011:i:4:p:489-495. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dana Niculescu). General contact details of provider: http://www.elsevier.com/locate/marpol .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.