IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v13y2021i19p10670-d643286.html
   My bibliography  Save this article

The Impacts of Environmental and Socio-Economic Risks on the Fisheries in the Mediterranean Region

Author

Listed:
  • Nathalie Hilmi

    (Section of Environmental Economics, Centre Scientifique de Monaco, 8 Quai Antoine 1er, 98000 Monaco, Monaco)

  • Shekoofeh Farahmand

    (Department of Economics, University of Isfahan, Azadi Square, Isfahan 81746-73441, Iran)

  • Vicky W. Y. Lam

    (Institute for the Oceans and Fisheries, The University of British Columbia, Vancouver, BC V6T 1Z4, Canada)

  • Mine Cinar

    (Department of Economics, Loyola University Chicago, 820 N. Michigan Avenue, Chicago, IL 60611, USA)

  • Alain Safa

    (SKILL PARTNERS, 06000 Nice, France)

  • Juliette Gilloteaux

    (Sophia Antipolis Campus, Université Côte d’Azur, CEDEX 2, 06103 Nice, France)

Abstract

The objective of this study is to investigate the impacts of the environmental and socio-economic risks on the fisheries in the Mediterranean region from an economic point of view. A balanced panel of 21 Mediterranean countries for 2001–2018 has been estimated by the GLS method, considering heteroskedasticity and correlation among cross sections. The volume of fish landed and landed values have been considered in two models. The results show that increases in sea bottom and surface temperature, H + ion concentration and salinity threaten the fisheries in the Mediterranean region for the volume of fish landed and that sea surface temperature and salinity negatively influence landed values. In addition, there is an inverse U-shaped relationship between human population and fisheries. Moreover, the Human Development Index (HDI), an indicator of countries’ adaptive capacity, has a positive impact on fisheries and indicates that countries can safeguard fisheries by improving their adaptive capacity. Finally, our results strongly show the risk of climate change for the fisheries in the Mediterranean region and that fisheries are adversely impacted by climate change as well as worsening socio-economic conditions in the absence of adaptation plans.

Suggested Citation

  • Nathalie Hilmi & Shekoofeh Farahmand & Vicky W. Y. Lam & Mine Cinar & Alain Safa & Juliette Gilloteaux, 2021. "The Impacts of Environmental and Socio-Economic Risks on the Fisheries in the Mediterranean Region," Sustainability, MDPI, vol. 13(19), pages 1-30, September.
    • Handle: RePEc:gam:jsusta:v:13:y:2021:i:19:p:10670-:d:643286
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/13/19/10670/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/13/19/10670/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Frees,Edward W., 2004. "Longitudinal and Panel Data," Cambridge Books, Cambridge University Press, number 9780521828284.
    2. Andrew Dyck & U. Sumaila, 2010. "Economic impact of ocean fish populations in the global fishery," Journal of Bioeconomics, Springer, vol. 12(3), pages 227-243, October.
    3. Im, Kyung So & Pesaran, M. Hashem & Shin, Yongcheol, 2003. "Testing for unit roots in heterogeneous panels," Journal of Econometrics, Elsevier, vol. 115(1), pages 53-74, July.
    4. Frees, Edward W., 1995. "Assessing cross-sectional correlation in panel data," Journal of Econometrics, Elsevier, vol. 69(2), pages 393-414, October.
    5. Choi, In, 2001. "Unit root tests for panel data," Journal of International Money and Finance, Elsevier, vol. 20(2), pages 249-272, April.
    6. Stephanie L. Hinder & Graeme C. Hays & Martin Edwards & Emily C. Roberts & Anthony W. Walne & Mike B. Gravenor, 2012. "Changes in marine dinoflagellate and diatom abundance under climate change," Nature Climate Change, Nature, vol. 2(4), pages 271-275, April.
    7. Rodrigues, Luís C. & van den Bergh, Jeroen C.J.M. & Ghermandi, Andrea, 2013. "Socio-economic impacts of ocean acidification in the Mediterranean Sea," Marine Policy, Elsevier, vol. 38(C), pages 447-456.
    8. Wolfgang Cramer & Joël Guiot & Marianela Fader & Joaquim Garrabou & Jean-Pierre Gattuso & Ana Iglesias & Manfred A. Lange & Piero Lionello & Maria Carmen Llasat & Shlomit Paz & Josep Peñuelas & Maria , 2018. "Climate change and interconnected risks to sustainable development in the Mediterranean," Nature Climate Change, Nature, vol. 8(11), pages 972-980, November.
    9. Jan Ditzen, 2018. "Estimating dynamic common-correlated effects in Stata," Stata Journal, StataCorp LP, vol. 18(3), pages 585-617, September.
    10. Daniel Pauly & Dirk Zeller, 2016. "Catch reconstructions reveal that global marine fisheries catches are higher than reported and declining," Nature Communications, Nature, vol. 7(1), pages 1-9, April.
    11. Frees,Edward W., 2004. "Longitudinal and Panel Data," Cambridge Books, Cambridge University Press, number 9780521535380.
    12. Levin, Andrew & Lin, Chien-Fu & James Chu, Chia-Shang, 2002. "Unit root tests in panel data: asymptotic and finite-sample properties," Journal of Econometrics, Elsevier, vol. 108(1), pages 1-24, May.
    13. Nathalie Hilmi & Denis Allemand & Mine Cinar & Sarah Cooley & Jason Hall-Spencer & Gunnar Haraldsson & Caroline Hattam & Ross Jeffree & James Orr & Katrin Rehdanz & Stéphanie Reynaud & Alain Safa & Sa, 2014. "Exposure of Mediterranean countries to ocean acidification," Post-Print hal-03211779, HAL.
    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. Farahmand, Shekoofeh & Hilmi, Nathalie & Cinar, Mine & Safa, Alain & Lam, Vicky W.Y. & Djoundourian, Salpie & Shahin, Wassim & Ben Lamine, Emna & Schickele, Alexandre & Guidetti, Paolo & Allemand, Den, 2023. "Climate change impacts on Mediterranean fisheries: A sensitivity and vulnerability analysis for main commercial species," Ecological Economics, Elsevier, vol. 211(C).

    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. Giuseppina Malerba & Marta Spreafico, 2013. "Income inequality in the European Union: evidence from a panel analysis," DISCE - Quaderni del Dipartimento di Politica Economica ispe0065, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
    2. Amos, Sanday & Zoundi, Zakaria, 2019. "A Regime Switching Analysis of the Income-Pollution Path with time Varying- Elasticities in a Heterogeneous Panel of Countries," MPRA Paper 99577, University Library of Munich, Germany.
    3. Saidi, Hichem & El Montasser, Ghassen & Ajmi, Noomen, 2018. "Renewable Energy, Quality of Institutions and Economic Growth in MENA Countries: a Panel Cointegration Approach," MPRA Paper 84055, University Library of Munich, Germany.
    4. Neelu Seetaram & Sylvain Petit, 2012. "Panel data analysis in Tourism Research," Post-Print hal-01831529, HAL.
    5. Ahmet Duran & Mahmut Sami Gungor, 2017. "Aviation Fuel Hedging and Firm Value Analysis using Dynamic Panel Data Methodology: Evidence from the U.S. Major Passenger Airlines," International Journal of Business and Economic Sciences Applied Research (IJBESAR), International Hellenic University (IHU), Kavala Campus, Greece (formerly Eastern Macedonia and Thrace Institute of Technology - EMaTTech), vol. 10(3), pages 67-72, September.
    6. Bardaka, Ioanna & Bournakis, Ioannis & Kaplanoglou, Georgia, 2021. "Total factor productivity (TFP) and fiscal consolidation: How harmful is austerity?," Economic Modelling, Elsevier, vol. 94(C), pages 908-922.
    7. Panait, Mirela & Apostu, Simona Andreea & Vasile, Valentina & Vasile, Razvan, 2022. "Is energy efficiency a robust driver for the new normal development model? A Granger causality analysis," Energy Policy, Elsevier, vol. 169(C).
    8. Marta Spreafico, 2013. "Institutions, the resource curse and the transition economies: further evidence," DISCE - Quaderni del Dipartimento di Politica Economica ispe0064, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
    9. Hamit-Haggar, Mahamat, 2012. "Greenhouse gas emissions, energy consumption and economic growth: A panel cointegration analysis from Canadian industrial sector perspective," Energy Economics, Elsevier, vol. 34(1), pages 358-364.
    10. Niklas Potrafke, 2012. "Political cycles and economic performance in OECD countries: empirical evidence from 1951–2006," Public Choice, Springer, vol. 150(1), pages 155-179, January.
    11. Acikgoz, Senay & Ben Ali, Mohamed Sami, 2019. "Where does economic growth in the Middle Eastern and North African countries come from?," The Quarterly Review of Economics and Finance, Elsevier, vol. 73(C), pages 172-183.
    12. Sung, Bongsuk & Song, Woo-Yong & Park, Sang-Do, 2018. "How foreign direct investment affects CO2 emission levels in the Chinese manufacturing industry: Evidence from panel data," Economic Systems, Elsevier, vol. 42(2), pages 320-331.
    13. Shahbaz, Muhammad & Khraief, Naceur & Mahalik, Mantu Kumar & Zaman, Khair Uz, 2014. "Are fluctuations in natural gas consumption per capita transitory? Evidence from time series and panel unit root tests," Energy, Elsevier, vol. 78(C), pages 183-195.
    14. Claudiu Tiberiu Albulescu & Dominique Pépin & Aviral Kumar Tiwari, 2016. "A RE-EXAMINATION OF REAL INTEREST PARITY IN CEECs USING ‘OLD’ AND ‘NEW’ SECOND-GENERATION PANEL UNIT ROOT TESTS," Bulletin of Economic Research, Wiley Blackwell, vol. 68(2), pages 133-150, April.
    15. Tong, Tingting & Yu, T. Edward, 2018. "Transportation and economic growth in China: A heterogeneous panel cointegration and causality analysis," Journal of Transport Geography, Elsevier, vol. 73(C), pages 120-130.
    16. Muhammad Shahbaz & Aviral Kumar Tiwari & Saleheen Khan, 2016. "Is energy consumption per capita stationary? Evidence from first and second generation panel unit root tests," Economics Bulletin, AccessEcon, vol. 36(3), pages 1656-1669.
    17. Potrafke, Niklas, 2010. "The growth of public health expenditures in OECD countries: Do government ideology and electoral motives matter?," Journal of Health Economics, Elsevier, vol. 29(6), pages 797-810, December.
    18. Khraief, Naceur & Shahbaz, Muhammad & Heshmati, Almas & Azam, Muhammad, 2020. "Are unemployment rates in OECD countries stationary? Evidence from univariate and panel unit root tests," The North American Journal of Economics and Finance, Elsevier, vol. 51(C).
    19. Purnima PUROHIT & Katsushi S. Imai & Kunal Sen, 2017. "Do Agricultural Marketing Laws Matter for Rural Growth? Evidence from the Indian States," Discussion Paper Series DP2017-17, Research Institute for Economics & Business Administration, Kobe University.
    20. Xie, Bofeng & Rehman, Mubeen Abdur & Zhang, Junyan & Yang, Runze, 2022. "Does the financialization of natural resources lead toward sustainability? An application of advance panel Granger non-causality," Resources Policy, Elsevier, vol. 79(C).

    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:gam:jsusta:v:13:y:2021:i:19:p:10670-:d:643286. 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    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.