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Windows of Opportunity for Sustainable Fisheries Management: The Case of Eastern Baltic Cod

Author

Listed:
  • Martin F. Quaas

    (Christian-Albrechts-Universität zu Kiel)

  • Max T. Stoeven

    (Christian-Albrechts-Universität zu Kiel)

  • Bernd Klauer

    (Helmholtz Centre for Environmental Research - UFZ)

  • Thomas Petersen

    (Helmholtz Centre for Environmental Research - UFZ)

  • Johannes Schiller

    (Helmholtz Centre for Environmental Research - UFZ)

Abstract

We study under which conditions a ‘window of opportunity’ for a change from an overfishing situation, with high fishing effort, but low stocks and catches, towards sustainable fishery management arises. Studying the Eastern Baltic cod fishery we show that at very low stock sizes (as they prevailed in the early 2000s) all interest groups involved in the fishery unanimously prefer maximum-sustainable-yield management (as prescribed by the management plan in place since 2007) over the previous overfishing situation. With increasing stock sizes, the present value of fishermen surplus would be higher when switching back to overfishing again, while other interest groups maintain their preference for sustainable fishery management.

Suggested Citation

  • Martin F. Quaas & Max T. Stoeven & Bernd Klauer & Thomas Petersen & Johannes Schiller, 2018. "Windows of Opportunity for Sustainable Fisheries Management: The Case of Eastern Baltic Cod," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 70(2), pages 323-341, June.
    • Handle: RePEc:kap:enreec:v:70:y:2018:i:2:d:10.1007_s10640-017-0122-y
    DOI: 10.1007/s10640-017-0122-y
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    More about this item

    Keywords

    Sustainable resource use; Fisheries economics; Resource rent; Consumer surplus; Worker surplus;
    All these keywords.

    JEL classification:

    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery
    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy

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