A multi-equation spatial econometric model,with application to EU manufacturing productivity growth

A multi-equation spatial econometric model is used to explain variations across EU regions in manufacturing productivity growth based on recent theoretical developments in urban economics and economic geography. The paper shows that temporal and spatial parameter homogeneity is an unrealistic assumption, contrary to what is typically assumed in the literature. Constraints are imposed on parameters across time periods and between core and peripheral regions of the EU, with the significant loss of fit providing overwhelming evidence of parameter heterogeneity, although the final model does highlight increasing returns to scale, which is a central feature of contemporary theory.      

Further action on bycatch could boost United States fisheries performance

This paper examines the sustainability of United States fisheries managed under the Magnuson-Stevens Fishery Conservation and Management Act, the law that provides the framework for federal fisheries management. Sustainability across a broad suite of criteria, including health of the fished stock, bycatch, and effects on the habitat and ecosystem, was measured against the Monterey Bay Aquarium׳s Seafood Watch criteria for ecological sustainability. Seafood Watch ratings and numerical scores for U.S. federally managed fisheries were analyzed to elucidate strengths and weaknesses among federally-managed fisheries. Of U.S. federally managed fisheries assessed by Seafood Watch, only 2% are rated “Avoid”, and strong ratings for stock health for nearly all fisheries indicate that the Magnuson-Stevens Act is fundamentally succeeding at maintaining or rebuilding the abundance of targeted stocks. The majority (79%) of U.S. fisheries earn the intermediate rating of “Good Alternative”, and 19% earn the top rating of “Best Choice”. Given that U.S. fisheries management is considered among the strongest in the world, this analysis assesses why the majority of U.S. fisheries are not rated “Best Choice”. Fisheries for all variety of species, and using a wide range of fishing methods, can merit “Best Choice” status. However, the majority of U.S. fisheries do not achieve this rating due primarily to bycatch concerns. By improving performance with regard to bycatch, most “Good Alternative” U.S. federal fisheries could reach “Best Choice” status and reap rewards in the marketplace for that recognition. Findings suggest that current science-based management should be maintained in the Magnuson-Stevens Act reauthorization, managers should adopt best practices based on fisheries that are already performing well in the U.S., and more specific federal bycatch mitigation requirements should be implemented.     

Economic gains from introducing international ITQs—The case of the mackerel and herring fisheries in the Northeast Atlantic

Achieving a balance between fishing capacity and fishing opportunities is one of the major challenges in European fisheries. One way to achieve this is to introduce individual tradable quotas or similar management measures. In several mackerel and herring fisheries in the Northeast Atlantic, such systems have already been introduced on a national basis and the long term economic gains of this have been acknowledged. This paper takes this a step further and investigates the potential economic gains from introducing individual tradable quotas between countries. Overall, the results show that the gross cash flow can be improved by 21% by allowing the mackerel and herring quotas to be traded internationally in the Northeast Atlantic. This rent gain arises mainly from increased productivity by allowing tradability between areas and fleets. The analysis also shows that the Danish pelagic fleet will gain from increasing its share of mackerel and herring quotas, whereas the Irish fleets are incentivised to sell quota, if individual quotas are allowed to be traded among countries. This result is in line with the qualitative analyses that show that Irish fishermen targeting herring in the Celtic Sea are negatively oriented towards international individual tradable quotas, whereas the Danish pelagic fishermen have strong preferences for international individual tradable quotas.     

Corporate-cooperative management of fisheries: A potential alternative governance structure for low value small fisheries?

While the economic and environmental benefits of fisheries management are well accepted, the costs of effective management in low value fisheries, including the research necessary to underpin such management, may be considerable relative to the total economic benefits they may generate. Co-management is often seen as a panacea in low value fisheries. Increasing fisher participation increases legitimacy of management decision in the absence of detailed scientific input. However, where only a small number of operators exist, the potential benefits of co-management are negated by the high transaction cost to the individual fishers engaging in the management process. From an economic perspective, sole ownership has been identified as the management structure which can best achieve biological and economic sustainability. Moving low value fisheries with a small number of participants to a corporate-cooperative management model may come close to achieving these sole ownership benefits, with lower transaction costs. In this paper we look at the applicability of different management models with industry involvement to low value fisheries with a small number of participants. We provide an illustration as to how a fishery could be transitioned to a corporate-cooperative management model that captures the key benefits of sole management at a low cost and is consistent with societal objectives.     

CITES-listings,EU eel trade bans and the increase of export of tropical eels out of Indonesia

Following the decision in 2007 by the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) to include European eel Anguilla anguilla on its Appendix II, and the 2010 ban of all eel exports by EU member states, a shift has occurred to tropical Asian eel species to meet the demand from East Asia. Here the focus is on the role Indonesia played in fulfilling this demand using official export figures, reports in the Indonesian media and government documents. Despite Indonesia first putting in place restrictions on the export of eel in 1974 the export has increased exponentially over the last 25 years. Prior to the EU ban it exported ~1.4 million kg/year. With the infrastructure in place, and close trade links to East Asia, and helped by government encouragement, Indonesia was in an excellent position to step in where the EU posed restrictions. Exports increased to 3.2 million kg/year (2007–2009), to 4.0 million kg/year (2010–2012), and to 6.1 million kg (2013). The interest in eel trade in Indonesia increased in parallel with the exports. From 2010 onwards the searches for the Indonesian equivalent of eel (“ikan sidat”) became frequent enough for it to be picked up by Google Trends. Indonesia is home to five species of eel, and while it is unclear in what quantities each is traded, Indonesian media reports suggest that the majority comprises A. bicolar and A. marmorata. More stringent management schemes, possibly including CITES-listing, and better monitoring are needed to ensure that international trade is not an impediment to the conservation of tropical eels.     

Evaluating conditions for transboundary Marine Spatial Planning: Challenges and opportunities on the island of Ireland

Transboundary cooperation is viewed as an essential element of Marine Spatial Planning (MSP). While much of the MSP literature focuses on the need for, and benefits of, transboundary MSP, this paper explores the political and institutional factors that may facilitate the effective transition to such an approach. Drawing on transboundary planning theory and practice, key contextual factors that are likely to expedite the transition to transboundary MSP are reviewed. These include: policy convergence in neighbouring jurisdictions; prior experience of transboundary planning; and good working relations amongst key actors. Based on this review, an assessment of the conditions for transboundary MSP in the adjoining waters of Northern Ireland and the Republic of Ireland is undertaken. A number of recommendations are then advanced for transboundary MSP on the island of Ireland, including, the need to address the role of formal transboundary institutions and the lack of an agreed legal maritime boundary. The paper concludes with some commentary on the political realities of implementing transboundary MSP.     

Selecting and assessing social objectives for Australian fisheries management

This paper details Australian research that developed tools to assist fisheries managers and government agencies in engaging with the social dimension of industry and community welfare in fisheries management. These tools are in the form of objectives and indicators. These highlight the social dimensions and the effects of management plans and policy implementation on fishing industries and associated communities, while also taking into account the primacy of ecological imperatives. The deployment of these objectives and indicators initially provides a benchmark and, over the life of a management plan, can subsequently be used to identify trends in effects on a variety of social and economic elements that may be objectives in the management of a fishery. It is acknowledged that the degree to which factors can be monitored will be dependent upon resources of management agencies, however these frameworks provide a method for effectively monitoring and measuring change in the social dimension of fisheries management.Essentially, the work discussed in this paper provides fisheries management with the means to both track and begin to understand the effects of government policy and management plans on the social dimension of the fishing industry and its associated communities. Such tools allow the consideration of these elements, within an evidence base, into policy arrangements, and consequently provide an invaluable contribution to the ability to address resilience and sustainability of fishing industries and associated communities.     

Chinese public policy on fisheries subsidies: Reconciling trade,environmental and food security stakes

This article provides a historical account of Chinese public policy on fisheries subsidies, and a discussion of problems and limitations resulting from the World Trade Organization (WTO) Doha Round fisheries subsidies negotiation. By analyzing subsidization trends and applying a proportional assessment of subsidized areas, the article tracks the evolvement of Chinese fishery policy objective and priorities. Chinese fishery is not historically significantly subsidized in light of its relatively market-oriented structure and a sustained momentum in reducing marine capture capacity. However, due to the commitment to encouraging qualitative growth and to satisfying a rising domestic demand for fish, the government seeks for adequate policy space to employ fuel, distant water fisheries, infrastructure and various ‘green light’ subsidies. Whether or not such a claim can be accepted as a developmental right not an exception remains to be answered by the revision of current negotiation draft.     

Results based management in fisheries: Delegating responsibility to resource users

While the notion of results based management has been devoted recent attention in the context of reforming European fisheries management, it remains unclear what it entails. A conceptual model of results based management in fisheries is proposed as a way for public authorities to delegate specific management and documentation responsibilities to resource users. The model comprises three defining features: (1) That authorities define measurable objectives for the utilization of fisheries resources; (2) that resource users are made responsible for achieving these objectives and for (3) providing documentation that allows for an audit of the extent to which they are met. Selected cases are used to illustrate these features. Rationales and prospects of introducing results based management as an alternative in a European fisheries management context are discussed, giving consideration to how it may be pursued under the reformed common fisheries policy.     

Flexibility in temporary fisheries closure legislation is required to maximise success

Temporary closures have been used for centuries in many parts of the world as a tool for fisheries management and restoration. The length of time that a closure is in place can play a determinative role in the effectiveness of the closure as a means of restoring stock biomass and diversity. For species that are slow growing and slow to reproduce, closures shorter than a decade are unlikely to be sufficient for the effects of restoration to accrue. New Zealand has two legislative mechanisms specifically designed to establish temporary closures: sections 186A and 186B of the Fisheries Act 1996. These provisions were created to respond to localised depletion and to provide for the use and management practices of Māori (New Zealand’s Indigenous People). There is currently a two-year time limit on temporary closures applied for by the community. By defining a time limit for temporary closures legislators have failed to account for the ecology of many of the species targeted for protection that require longer periods of protection for restoration. Furthermore, the way in which the final decision making power is vested with central government is also inconsistent with the original purpose of the provisions. An amendment to the temporary closure provisions is suggested to provide greater flexibility for users and to better recognise the non-commercial fishing rights provided for by the Fisheries Act 1996, of local communities seeking to apply this tool.