FN Archimer Export Format
PT J
TI Estimating the economic loss of recent North Atlantic fisheries management
BT 
AF MERINO, Gorka
   BARANGE, Manuel
   FERNANDES, Jose A.
   MULLON, Christian
   CHEUNG, William
   TRENKEL, Verena
   LAM, Vicky
AS 1:1,2;2:2;3:2;4:3;5:4;6:5;7:6;
FF 1:;2:;3:;4:;5:;6:PDG-RBE-EMH;7:;
C1 AZTI Tecnalia, Pasaia 20110, Gipuzkoa, Spain
   Plymouth Marine Lab, Plymouth PL1 3DH, Devon, England
   Unite Rech Ecosyst Marins Exploites, F-34200 Sete, France
   Univ British Columbia, Fisheries Ctr, Vancouver, BC V6T 1Z4, Canada
   IFREMER, F-44311 Nantes 3, France
   Univ British Columbia, Fisheries Ctr, Fisheries Econ Res Unit, Vancouver, BC V6T 1Z4, Canada
C2 AZTI, SPAIN
   PML, UK
   IRD, FRANCE
   UNIV BRITISH COLUMBIA, CANADA
   IFREMER, FRANCE
   UNIV BRITISH COLUMBIA, CANADA
SI NANTES
SE PDG-RBE-EMH
IN WOS Ifremer jusqu'en 2018
   copubli-france
   copubli-p187
   copubli-europe
   copubli-int-hors-europe
IF 3.025
TC 12
UR https://archimer.ifremer.fr/doc/00188/29973/28426.pdf
LA English
DT Article
AB It is accepted that world’s fisheries are not generally exploited at their biological or their economic optimum. Most fisheries assessments focus on the biological capacity of fish stocks to respond to harvesting and few have attempted to estimate the economic efficiency at which ecosystems are exploited. The latter is important as fisheries contribute considerably to the economic development of many coastal communities. Here we estimate the overall potential economic rent for the fishing industry in the North Atlantic to be B€ 12.85, compared to current estimated profits of B€ 0.63. The difference between the potential and the net profits obtained from North Atlantic fisheries is therefore B€ 12.22. In order to increase the profits of North Atlantic fisheries to a maximum, total fish biomass would have to be rebuilt to 108 Mt (2.4 times more than present) by reducing current total fishing effort by 53%. Stochastic simulations were undertaken to estimate the uncertainty associated with the aggregate bioeconomic model that we use and we estimate the economic loss NA fisheries in a range of 2.5 and 32 billion of euro. We provide economic justification for maintaining or restoring fish stocks to above their MSY biomass levels. Our conclusions are consistent with similar global scale studies.
PY 2014
PD DEC
SO Progress In Oceanography
SN 0079-6611
PU Pergamon-elsevier Science Ltd
VL 129
UT 000347737700007
BP 314
EP 323
DI 10.1016/j.pocean.2014.04.022
ID 29973
ER

EF