IDEAS home Printed from https://ideas.repec.org/a/eee/marpol/v51y2015icp21-30.html

An economic analysis of the Portuguese fisheries sector 1960–2011

Author

Listed:
  • Bjørndal, Trond
  • Lappo, Alena
  • Ramos, Jorge

Abstract

This paper undertakes an economic analysis of the Portuguese fisheries sector and fish markets for the period 1960–2011. In this period the Portuguese economy has undergone a transformation as well as been subject to numerous external shocks. These include the revolution of 1974, substantial emigration as well as immigration, membership of the European Union in 1986 and adopting the Euro in 1999. The fisheries sector was exposed to a major shock of its own: the introduction of 200 mile Exclusive Economic Zones in 1977 essentially lead to the demise of Portugal as a Distant Water Fishing State. As a consequence of these shocks, the Portuguese fisheries sector and trade have undergone tremendous changes. It is remarkable that the overall supply of fish (tonnes) into Portugal, measured as domestic landings+exports – imports, was around 500,000t annually in the early 1960s, reaching a peak of 627,000t in 1967. Due to the macroeconomic shocks, it subsequently fell to a bottom level of 246,000t in 1979. By the mid 1980s, supply started increasing and in 2007, total supply was estimated at 655,000t, the highest level ever recorded.

Suggested Citation

  • Bjørndal, Trond & Lappo, Alena & Ramos, Jorge, 2015. "An economic analysis of the Portuguese fisheries sector 1960–2011," Marine Policy, Elsevier, vol. 51(C), pages 21-30.
    • Handle: RePEc:eee:marpol:v:51:y:2015:i:c:p:21-30
    DOI: 10.1016/j.marpol.2014.06.004
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0308597X14001687
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.marpol.2014.06.004?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    References listed on IDEAS

    as
    1. Frank Barry, 2003. "Economic Integration and Convergence Processes in the EU Cohesion Countries," Journal of Common Market Studies, Wiley Blackwell, vol. 41(5), pages 897-921, December.
    2. William J. Carrington & Pedro J. F. De Lima, 1996. "The Impact of 1970s Repatriates from Africa on the Portuguese Labor Market," ILR Review, Cornell University, ILR School, vol. 49(2), pages 330-347, January.
    3. Karagiannakos, A, 1996. "Total Allowable Catch (TAC) and quota management system in the European Union," Marine Policy, Elsevier, vol. 20(3), pages 235-248, May.
    4. Lains, Pedro, 2003. "Catching up to the European core: Portuguese economic growth, 1910-1990," Explorations in Economic History, Elsevier, vol. 40(4), pages 369-386, October.
    5. Nuno Valerio, 2006. "Quanto Vale o Mar na Economia Portuguesa?," Working Papers GHES - Office of Economic and Social History 2006/29, ISEG - Lisbon School of Economics and Management, GHES - Social and Economic History Research Unit, Universidade de Lisboa.
    6. Baklanoff, Eric N., 1979. "The political economy of Portugal's old regime: Growth and change preceding the 1974 revolution," World Development, Elsevier, vol. 7(8-9), pages 799-811.
    7. Pedro Bação & António Portugal Duarte, 2011. "Accession to the European Union, Interest Rates and Indebtedness: Greece and Portugal," Book Chapters, in: Mirjana Radovic Markovic & Srdjan Redzepagic & João Sousa Andrade & Paulino Teixeira (ed.), Serbia and the European Union: Economic Lessons from the New Member States, edition 1, volume 1, chapter 4, pages 61-76, Institute of Economic Sciences.
    8. Swartz, Wilf & Rashid Sumaila, U. & Watson, Reg & Pauly, D., 2010. "Sourcing seafood for the three major markets: The EU, Japan and the USA," Marine Policy, Elsevier, vol. 34(6), pages 1366-1373, November.
    9. Maravall, Jose Maria, 1997. "Regimes, Politics, and Markets: Democratization and Economic Change in Southern and Eastern Europe," OUP Catalogue, Oxford University Press, number 9780198280835.
    10. York, Richard & Gossard, Marcia Hill, 2004. "Cross-national meat and fish consumption: exploring the effects of modernization and ecological context," Ecological Economics, Elsevier, vol. 48(3), pages 293-302, March.
    11. Bjorndal, Trond & Munro, Gordon, 2012. "The Economics and Management of World Fisheries," OUP Catalogue, Oxford University Press, number 9780199576753.
    12. Silva, Joaquim Ramos, 2008. "Internationalization strategies in Iberoamerica: the case of Portuguese trade," Documentos de Proyectos 3618, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    Full references (including those not matched with items on IDEAS)

    Citations

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


    Cited by:

    1. Pedro Valadas Monteiro, 2016. "Managing Scarce Resources and Sensitive Ecosystems: Assessing the Role of CFP in the Development of Portuguese Fisheries," Journal of Environmental Assessment Policy and Management (JEAPM), World Scientific Publishing Co. Pte. Ltd., vol. 18(04), pages 1-30, December.
    2. Jorge Ramos, 2022. "Fleur de sel : How Does a Pinch of Suitable Choice Practices Value This Sustainable Natural Resource?," Resources, MDPI, vol. 11(7), pages 1-13, July.
    3. Gordon, Daniel V., 2018. "Country of origin growth modelling for imported salted & dried (Klippfisk) products to Brazil," Journal of Commodity Markets, Elsevier, vol. 12(C), pages 31-43.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Almeida, Cheila & Karadzic, Vanja & Vaz, Sofia, 2015. "The seafood market in Portugal: Driving forces and consequences," Marine Policy, Elsevier, vol. 61(C), pages 87-94.
    2. Xanthippi Chapsa & Nikolaos Tabakis & Athanasios L. Athanasenas, 2018. "Investigating the Catching-Up Hypothesis Using Panel Unit Root Tests: Evidence from the PIIGS," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 250-271.
    3. Pedro Lains, 2006. "Growth in the ‘Cohesion Countries’: the Irish tortoise and the Portuguese hare, 1979-2002," Working Papers de Economia (Economics Working Papers) 37, Departamento de Economia, Gestão e Engenharia Industrial, Universidade de Aveiro.
    4. João Sousa Andrade & Adelaide Duarte, 2011. "Fundamentals of the Portuguese Crisis," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 58(2), pages 195-218.
    5. Prados de la Escosura, Leandro & Rosés, Joan R., 2008. "Proximate causes of economic growth in Spain, 1850-2000," IFCS - Working Papers in Economic History.WH wp08-12, Universidad Carlos III de Madrid. Instituto Figuerola.
    6. Fiala, Nathan, 2008. "Meeting the demand: An estimation of potential future greenhouse gas emissions from meat production," Ecological Economics, Elsevier, vol. 67(3), pages 412-419, October.
    7. Kaminski, Bartlomiej, 2006. "Bulgaria's institutions and policies : integrating into Pan-European markets," Policy Research Working Paper Series 3864, The World Bank.
    8. Kira Lancker & Julia Bronnmann, 2022. "Substitution Preferences for Fish in Senegal," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 82(4), pages 1015-1045, August.
    9. Leandro Prados de la Escosura & Joan R. Rosés, 2021. "Accounting For Growth: Spain, 1850–2019," Journal of Economic Surveys, Wiley Blackwell, vol. 35(3), pages 804-832, July.
    10. Desbureaux, Sébastien & Rodella, Aude-Sophie, 2019. "Drought in the city: The economic impact of water scarcity in Latin American metropolitan areas," World Development, Elsevier, vol. 114(C), pages 13-27.
    11. Chantal Le Mouël & Anna Birgit Milford & Benjamin L. Bodirsky & Susanne Rolinski, 2019. "Drivers of meat consumption," Post-Print hal-02175593, HAL.
    12. Pedro Bação & João Maia Domingues & António Portugal Duarte, 2012. "Financial Crisis and Domino Effect," Book Chapters, in: João Sousa Andrade & Marta C. N. Simões & Ivan Stosic & Dejan Eric & Hasan Hanic (ed.), Managing Structural Changes - Trends and Requirements, edition 1, volume 1, chapter 11, pages 199-213, Institute of Economic Sciences.
    13. Anthony Edo & Lionel Ragot & Hillel Rapoport & Sulin Sardoschau & Andreas Steinmayr, 2018. "The Effects of Immigration in Developed Countries: Insights from Recent Economic Research," CEPII Policy Brief 2018-22, CEPII research center.
    14. Alfonso Díez‐Minguela & Rafael González‐Val & Julio Martinez‐Galarraga & M. Teresa Sanchis & Daniel A. Tirado, 2020. "The long‐term relationship between economic development and regional inequality: South‐West Europe, 1860–2010," Papers in Regional Science, Wiley Blackwell, vol. 99(3), pages 479-508, June.
    15. Aydemir, Abdurrahman B. & Kırdar, Murat G., 2017. "Quasi-experimental impact estimates of immigrant labor supply shocks: The role of treatment and comparison group matching and relative skill composition," European Economic Review, Elsevier, vol. 98(C), pages 282-315.
    16. Lancker, Kira & Bronmann, Julia, 2020. "Quantifying consumers’ love for marine biodiversity," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304214, Agricultural and Applied Economics Association.
    17. Catherine Benjamin & Hervé Guyomard, 1996. "Analyse des modes de régulation publique des pêcheries : applicabilité d'un système de quotas individuels transférables à l'Union européenne," Working Papers hal-01897091, HAL.
    18. Laurie Richmond & Robert Dumouchel & Henry Pontarelli & Laura Casali & Wyatt Smith & Kathryn Gillick & Pamela Godde & Michelle Dowling & Alyssa Suarez, 2019. "Fishing Community Sustainability Planning: A Roadmap and Examples from the California Coast," Sustainability, MDPI, vol. 11(7), pages 1-22, March.
    19. Mr. Ashoka Mody & Ms. Franziska L Ohnsorge, 2007. "Can Domestic Policies Influence Inflation?," IMF Working Papers 2007/257, International Monetary Fund.
    20. Lancker, Kira & Fricke, Lorena & Schmidt, Jörn O., 2019. "Assessing the contribution of artisanal fisheries to food security: A bio-economic modeling approach," Food Policy, Elsevier, vol. 87(C), pages 1-1.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    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:51:y:2015:i:c:p:21-30. See general information about how to correct material in RePEc.

    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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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.

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

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.