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Storage and Viability of a Fishery with Resource and Market Dephased Seasonalities

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  • Christophe Béné

  • Luc Doyen

Abstract

In this study we analyse the role of the storageregulation in a fishery's production process when theresource exploited and the market to which theproduction is exported are characterized by seasonaldephased oscillations. For this purpose we built up adynamic model drawn from the French Guyana shrimpfishery example. The underlying objective of the modelis not the maximisation of a given criterion (as wouldbe in the optimal control approach), but merely themaintenance of the fishery's economical viability. Thefundamental principle is here to try to preserve asmany as possible viable control options. Theconditions to achieve and maintain this viability arecaptured in a certain number of constraints. Theanalysis points out periods and situations within theseason where the fishermen must anticipate theevolution of their storage to avoid violating thoseviability constraints. The study also indicates howthe fishery's viability can be ensured even if theexploitation costs exceed the commercial value of thelandings for a finite part of the year. However, whenthe resource's and/or market's oscillations are toolarge, the fishery may be not viable any longer and itappears that the crisis can not be removed byinvesting in larger storage capacities. Copyright Kluwer Academic Publishers 2000

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  • Christophe Béné & Luc Doyen, 2000. "Storage and Viability of a Fishery with Resource and Market Dephased Seasonalities," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 15(1), pages 1-26, January.
    • Handle: RePEc:kap:enreec:v:15:y:2000:i:1:p:1-26
    DOI: 10.1023/A:1008336002697
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    1. Dudley, Norman & Waugh, Geoffrey, 1980. "Exploitation of a single-cohort fishery under risk: A simulation-optimization approach," Journal of Environmental Economics and Management, Elsevier, vol. 7(3), pages 234-255, September.
    2. McKelvey, Robert, 1983. "The fishery in a fluctuating environment: Coexistence of specialist and generalist fishing vessels in a multipurpose fleet," Journal of Environmental Economics and Management, Elsevier, vol. 10(4), pages 287-309, December.
    3. Bockstael, Nancy E. & Opaluch, James J., 1983. "Discrete modelling of supply response under uncertainty: The case of the fishery," Journal of Environmental Economics and Management, Elsevier, vol. 10(2), pages 125-137, June.
    4. Ola Flaaten, 1983. "The Optimal Harvesting of a Natural Resource with Seasonal Growth," Canadian Journal of Economics, Canadian Economics Association, vol. 16(3), pages 447-462, August.
    5. Angus Deaton & Guy Laroque, 1992. "On the Behaviour of Commodity Prices," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 59(1), pages 1-23.
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    Cited by:

    1. Vincent Martinet & Michel de Lara & Julio Peña & Héctor Ramirez, 2010. "Evaluation of Management Procedures: Application to Chilean Jack Mackerel Fishery," ILADES-UAH Working Papers inv255, Universidad Alberto Hurtado/School of Economics and Business.
    2. Helene Gomes & Luc Doyen & Fabian Blanchard & Adrien Lagarde, 2021. "Viable and ecosystem-based management for tropical small-scale fisheries facing climate change," Bordeaux Economics Working Papers 2021-24, Bordeaux School of Economics (BSE).
    3. Martinet, Vincent & Thebaud, Olivier & Doyen, Luc, 2007. "Defining viable recovery paths toward sustainable fisheries," Ecological Economics, Elsevier, vol. 64(2), pages 411-422, December.
    4. Bene, C. & Doyen, L. & Gabay, D., 2001. "A viability analysis for a bio-economic model," Ecological Economics, Elsevier, vol. 36(3), pages 385-396, March.
    5. Bene, Christophe & Cadren, Muriel & Lantz, Frederic, 2000. "Impact of cultured shrimp industry on wild shrimp fisheries: analysis of price determination mechanisms and market dynamics," Agricultural Economics, Blackwell, vol. 23(1), pages 55-68, June.
    6. 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.
    7. Schuhbauer, Anna & Sumaila, U. Rashid, 2016. "Economic viability and small-scale fisheries — A review," Ecological Economics, Elsevier, vol. 124(C), pages 69-75.
    8. Diop, Bassirou & Sanz, Nicolas & Duplan, Yves Jamont Junior & Guene, El Hadji Mama & Blanchard, Fabian & Pereau, Jean-Christophe & Doyen, Luc, 2018. "Maximum Economic Yield Fishery Management in the Face of Global Warming," Ecological Economics, Elsevier, vol. 154(C), pages 52-61.
    9. Doyen, L. & Thébaud, O. & Béné, C. & Martinet, V. & Gourguet, S. & Bertignac, M. & Fifas, S. & Blanchard, F., 2012. "A stochastic viability approach to ecosystem-based fisheries management," Ecological Economics, Elsevier, vol. 75(C), pages 32-42.
    10. Huang, Ling & Smith, Martin D., 2011. "Management of an annual fishery in the presence of ecological stress: The case of shrimp and hypoxia," Ecological Economics, Elsevier, vol. 70(4), pages 688-697, February.
    11. Doyen, L. & De Lara, M. & Ferraris, J. & Pelletier, D., 2007. "Sustainability of exploited marine ecosystems through protected areas: A viability model and a coral reef case study," Ecological Modelling, Elsevier, vol. 208(2), pages 353-366.
    12. Baumgärtner, Stefan & Quaas, Martin F., 2009. "Ecological-economic viability as a criterion of strong sustainability under uncertainty," Ecological Economics, Elsevier, vol. 68(7), pages 2008-2020, May.

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