Application of a bioeconomics model to examine sustainability of fishery resources in the global market: The case of octopus resource in Morocco

A study was conducted to examine the longterm relationship among price of fish, harvest level, and resource condition using a bioeconomics model. Data on the annual amount of production and prices of octopus (Octopus vulgaris) in Morocco from 1970 to 2006 are plotted on a diagram to trace annual cha...

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Veröffentlicht in:Fisheries science 2009-02, Vol.75 (1), p.43-46
Hauptverfasser: Yagi, N.(Tokyo Univ. (Japan)), Ariji, M, Takahara, A, Senda, Y
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creator Yagi, N.(Tokyo Univ. (Japan))
Ariji, M
Takahara, A
Senda, Y
description A study was conducted to examine the longterm relationship among price of fish, harvest level, and resource condition using a bioeconomics model. Data on the annual amount of production and prices of octopus (Octopus vulgaris) in Morocco from 1970 to 2006 are plotted on a diagram to trace annual changes of price and production. The plotted pattern suggests a long-term movement of the yield-price equilibrium along the line of a theoretical long-term supply function curve of the bioeconomics model. The plotted data also suggests that there are four stages of resource exploitation for octopus in Morocco: (1) the underexploited stage from 1970 to 1987 which is characterized by small catch and low prices, (2) the maximum sustainable yield (MSY) stage from 1988 to 1998 which is characterized by moderate catch and intermediate prices, (3) the overexploited stage from 1999 to 2001 which is characterized by large catch and intermediate prices, and (4) the reduced stock stage after 2002 which is characterized by small catch and high prices. This result is consistent with the independent scientific research information on octopus harvested in Morocco. Our study indicates that an analysis of market information (i.e., amount of production and price) could be an effective tool in identifying approximate status of fishery resources.
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subjects Biomedical and Life Sciences
COMERCIO INTERNACIONAL
COMMERCE INTERNATIONAL
DURABILITE
Ecological economics
ECONOMETRIC MODELS
Fish & Wildlife Biology & Management
Fish harvest
Fisheries
FISHERY PRODUCTION
FISHERY RESOURCES
FONCTION D'OFFRE
Food Science
Freshwater & Marine Ecology
FUNCIONES DE LA OFERTA
INTERNATIONAL TRADE
Life Sciences
MARKET PRICES
MODELE ECONOMETRIQUE
MODELOS ECONOMETRICOS
OCTOPUS VULGARIS
Original Article
PRECIOS DE MERCADO
Prices
PRIX DE MARCHE
PRODUCCION PESQUERA
PRODUCTION HALIEUTIQUE
RECURSOS PESQUEROS
Resource exploitation
RESSOURCE HALIEUTIQUE
SOSTENIBILIDAD
SUPPLY FUNCTIONS
SUSTAINABILITY
Sustainable yield
title Application of a bioeconomics model to examine sustainability of fishery resources in the global market: The case of octopus resource in Morocco
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