Modeling the global fishmeal and fish oil markets

Type Article
Date 2009-11
Language English
Author(s) Mullon C.1, Mittaine J-F.2, Thebaud OlivierORCID3, Peron G.3, Merino G.4, Barange M.4
Affiliation(s) 1 : Unite Rech Ecosyst Marins Exploites, F-34200 Sete, France.
2 : Conservatoire Natl Arts & Metiers, Paris, France.
3 : IFREMER, UMR AMURE, Dept Econ Maritime, F-29280 Plouzane, France.
4 : Plymouth Marine Lab, Plymouth PL1 3, Devon, England.
Source Natural Resource Modeling (0890-8575) (Wiley-Blackwell publishing, inc), 2009-11 , Vol. 22 , N. 4 , P. 564-609
DOI 10.1111/j.1939-7445.2009.00053.x
WOS© Times Cited 21
Keyword(s) Fish oil, Fishmeal, Small pelagic fisheries, Networks economics, Bio economic modeling
Abstract P>To explore the drivers of change in the complex system relating small pelagic fisheries and fishmeal/fish oil markets, to identify the interactions between these drivers and their overall impacts, we propose a bio-economic model, coupling the ecological and the economic dynamics of these global commodities. The model enables an analysis of the consequences of both global and local changes in the environment of production systems. Through sensitivity analysis of specific input parameters, we evaluate the robustness of the overall system to such changes and show that local responses of production systems and markets cannot be considered in isolation from the set of interactions at global level.
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