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• 1. [Article] Trends in Fish Price Volatility: Icelandic Whitefish

  For centuries, the Icelandic people has relied on its abundance of natural resources and fisheries in particular. In today’s volatile and homogenous economy of Iceland, fisheries is one of its main export ...

  Citation × Citation Citation Abstract Copy Title: Trends in Fish Price Volatility: Icelandic Whitefish Author: Asche, Frank, Jonsson, Erlendur, Dahl, Roy Endré For centuries, the Icelandic people has relied on its abundance of natural resources and fisheries in particular. In today’s volatile and homogenous economy of Iceland, fisheries is one of its main export industries, together with power-intensive manufacturing and tourism. Consequently, movements in fish prices have a significant effect on the economy as a whole, making the small nation of Iceland vulnerable to fish price volatility.  In this study, we investigate market price uncertainty of exported whitefish in Iceland. Among whitefish, cod is the most important fish species for the Icelandic fisheres, with haddock and pollack following. We model the price volatility for a set of whitefish speiees and establish empirically that price volatility is stable or in a downward trend. Contributing factors such as the food price trends and trends in world whitefish markets are discussed. In addition, we account for other contributing factors to volatility such as the financial crisis, exchange rates, quota restriction and policy implications. Title: Trends in Fish Price Volatility: Icelandic Whitefish Author: Asche, Frank, Jonsson, Erlendur, Dahl, Roy Endré For centuries, the Icelandic people has relied on its abundance of natural resources and fisheries in particular. In today’s volatile and homogenous economy of Iceland, fisheries is one of its main export industries, together with power-intensive manufacturing and tourism. Consequently, movements in fish prices have a significant effect on the economy as a whole, making the small nation of Iceland vulnerable to fish price volatility.  In this study, we investigate market price uncertainty of exported whitefish in Iceland. Among whitefish, cod is the most important fish species for the Icelandic fisheres, with haddock and pollack following. We model the price volatility for a set of whitefish speiees and establish empirically that price volatility is stable or in a downward trend. Contributing factors such as the food price trends and trends in world whitefish markets are discussed. In addition, we account for other contributing factors to volatility such as the financial crisis, exchange rates, quota restriction and policy implications. Close

• 2. [Article] The Dynamics of a Fishery When Faced with the Aquaculture Dilemma

  Suggested Bibliographic Reference: Challenging New Frontiers in the Global Seafood Sector: Proceedings of the Eighteenth Biennial Conference of the International Institute of Fisheries Economics and Trade, ...

  Citation × Citation Citation Abstract Copy Title: The Dynamics of a Fishery When Faced with the Aquaculture Dilemma Author: Asche, Frank, Cojocaru, Andreea L. Year: 2016 Suggested Bibliographic Reference: Challenging New Frontiers in the Global Seafood Sector: Proceedings of the Eighteenth Biennial Conference of the International Institute of Fisheries Economics and Trade, July 11-15, 2016. Compiled by Stefani J. Evers and Ann L. Shriver. International Institute of Fisheries Economics and Trade (IIFET), Corvallis, 2016. Title: The Dynamics of a Fishery When Faced with the Aquaculture Dilemma Author: Asche, Frank, Cojocaru, Andreea L. Year: 2016 Suggested Bibliographic Reference: Challenging New Frontiers in the Global Seafood Sector: Proceedings of the Eighteenth Biennial Conference of the International Institute of Fisheries Economics and Trade, July 11-15, 2016. Compiled by Stefani J. Evers and Ann L. Shriver. International Institute of Fisheries Economics and Trade (IIFET), Corvallis, 2016. Close

• 3. [Article] The Sport FPIs: A New Instrument in the FPI Toolbox

  The Fishery Performance Indicators (FPIs) have been successfully applied to commercial fisheries around the globe and have uncovered key insights into fishery management success. We developed an extension ...

  Citation × Citation Citation Abstract Copy Title: The Sport FPIs: A New Instrument in the FPI Toolbox Author: Garlock, Taryn, Asche, Frank, Anderson, James The Fishery Performance Indicators (FPIs) have been successfully applied to commercial fisheries around the globe and have uncovered key insights into fishery management success. We developed an extension of the FPIs to consider performance of recreational fisheries. The Sport FPIs were developed through multiple iterations of consulting, piloting and revision with fisheries experts. The indicators were tested on three case study fisheries: Florida tarpon, Florida bay scallops and Florida spiny lobster. These case studies and the authors’ experiences led to further revision of the instrument. The structure of the Sport FPIs relies heavily on the original FPI framework due to its success in addressing the lack of standardized, precise fishery data. Some aspects of commercial fisheries are analogous to recreational fisheries and commercial indicators required only minor revision to effectively measure recreational performance. To capture other aspects of recreational fisheries required development of new indicators. Thirty-two new output indicators and 33 new input indicators were developed to capture recreational fishery success and to explain outcomes. New indicators were designed to capture the social utility and the impact of recreational fishing expenditures on the local community.  New input indicators were developed including indicators characterized by angler motivations and common recreational management strategies such as fish stocking, habitat enhancement, bag limits, among others. Insights and value of this new tool will be discussed.   Title: The Sport FPIs: A New Instrument in the FPI Toolbox Author: Garlock, Taryn, Asche, Frank, Anderson, James The Fishery Performance Indicators (FPIs) have been successfully applied to commercial fisheries around the globe and have uncovered key insights into fishery management success. We developed an extension of the FPIs to consider performance of recreational fisheries. The Sport FPIs were developed through multiple iterations of consulting, piloting and revision with fisheries experts. The indicators were tested on three case study fisheries: Florida tarpon, Florida bay scallops and Florida spiny lobster. These case studies and the authors’ experiences led to further revision of the instrument. The structure of the Sport FPIs relies heavily on the original FPI framework due to its success in addressing the lack of standardized, precise fishery data. Some aspects of commercial fisheries are analogous to recreational fisheries and commercial indicators required only minor revision to effectively measure recreational performance. To capture other aspects of recreational fisheries required development of new indicators. Thirty-two new output indicators and 33 new input indicators were developed to capture recreational fishery success and to explain outcomes. New indicators were designed to capture the social utility and the impact of recreational fishing expenditures on the local community.  New input indicators were developed including indicators characterized by angler motivations and common recreational management strategies such as fish stocking, habitat enhancement, bag limits, among others. Insights and value of this new tool will be discussed.   Close