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The value of the Swedish eel fishery
Mid Sweden University, Faculty of Human Sciences, Department of Business, Economics and Law. Lulea Univ Technol, Dept Business Adm Technol & Social Sci, S-97187 Lulea, Sweden.ORCID iD: 0000-0001-7206-6568
2015 (English)In: Marine Resource Economics, ISSN 0738-1360, Vol. 30, no 1, 21-34 p.Article in journal (Refereed) Published
Abstract [en]

Traditional sectors such as agriculture and fishing often receive special treatment from policymakers because such sectors are perceived to be associated with traditional cultural public good values. However, these values are often difficult to measure and few attempts have been made to do so. The recent European Union eel management directive creates an unusually clear-cut trade-off between eel fishing and other agents affecting the European eel population. It is possible, therefore, to measure directly the perceived public good value of the eel fishery in terms of other economic costs that policymakers are willing to incur in order to maintain eel fishing. Using Swedish data, we find that Swedish policymakers value the public good aspect of the remaining Swedish eel fishery at at least SEK 34 million (approximately EUR 3.4 million) annually, which is more than the commercial eel fishery’s actual production value.

Place, publisher, year, edition, pages
2015. Vol. 30, no 1, 21-34 p.
Keyword [en]
Eel fishing, fisheries management, hydropower, public good valuation
National Category
Economics
Identifiers
URN: urn:nbn:se:miun:diva-22524DOI: 10.1086/679465ISI: 000346734700002Scopus ID: 2-s2.0-84929075691OAI: oai:DiVA.org:miun-22524DiVA: diva2:735367
Projects
Water as an economic resource
Available from: 2014-07-25 Created: 2014-07-25 Last updated: 2015-08-13Bibliographically approved

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Publisher's full textScopushttp://www.jstor.org/stable/10.1086/679465

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CiteExportLink to record
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Cite
Citation style
  • apa
  • ieee
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  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf