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Climate Change and the Economics of the World’s Fisheries
NEW HORIZONS IN ENVIRONMENTAL ECONOMICS Series Editors: Wallace E. Oates, Professor of Economics, University of Maryland, USA and Henk Folmer, Professor of General Economics, Wageningen University and Professor of Environmental Economics, Tilburg University, The Netherlands This important series is designed to make a significant contribution to the development of the principles and practices of environmental economics. It includes both theoretical and empirical work. International in scope, it addresses issues of current and future concern in both East and West and in developed and developing countries. The main purpose of the series is to create a forum for the publication of high quality work and to show how economic analysis can make a contribution to understanding and resolving the environmental problems confronting the world in the twenty-first century. Recent titles in the series include: Econometrics Informing Natural Resources Management Selected Empirical Analyses Phoebe Koundouri The Theory of Environmental Agreements and Taxes CO2 Policy Performance in Comparative Perspective Martin Enevoldsen Modelling the Costs of Environmental Policy A Dynamic Applied General Equilibrium Assessment Rob B. Dellink Environment, Information and Consumer Behaviour Edited by Signe Krarup and Clifford S. Russell The International Yearbook of Environmental and Resource Economics 2005/2006 A Survey of Current Issues Edited by Henk Folmer and Tom Tietenberg The Greening of Markets Product Competition, Pollution and Policy Making in a Duopoly Michael Kuhn Managing Wetlands for Private and Social Good Theory, Policy and Cases from Australia Stuart M. Whitten and Jeff Bennett Amenities and Rural Development Theory, Methods and Public Policy Edited by Gary Paul Green, Steven C. Deller and David W. Marcouiller The Evolution of Markets for Water Theory and Practice in Australia Edited by Jeff Bennett Integrated Assessment and Management of Public Resources Edited by Joseph C. Cooper, Federico Perali and Marcella Veronesi Climate Change and the Economics of the World’s Fisheries Examples of Small Pelagic Stocks Edited by Rögnvaldur Hannesson, Manuel Barange and Samuel F. Herrick Jr
Climate Change and the Economics of the World’s Fisheries Examples of Small Pelagic Stocks Edited by
Rögnvaldur Hannesson Professor of Economics, Norwegian School of Economics and Business Administration, Norway
Manuel Barange Director, GLOBEC International Project Office, Plymouth Marine Laboratory, UK
Samuel F. Herrick Jr Industry Economist, National Oceanic and Atmospheric Administration, National Marine Fisheries Service, USA In Association with GLOBEC NEW HORIZONS IN ENVIRONMENTAL ECONOMICS
Edward Elgar Cheltenham, UK • Northampton, MA, USA
© GLOBEC IPO 2006 All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical or photocopying, recording, or otherwise without the prior permission of the publisher. Published by Edward Elgar Publishing Limited Glensanda House Montpellier Parade Cheltenham Glos GL50 1UA UK Edward Elgar Publishing, Inc. 136 West Street Suite 202 Northampton Massachusetts 01060 USA
A catalogue record for this book is available from the British Library Library of Congress Cataloguing in Publication Data Climate change and the economics of the world’s fisheries : examples of small pelagic stocks / edited by Rögnvaldur Hannesson, Manuel Barange, Samuel F. Herrick Jr p. cm. – (New horizons in environmental economics) 1. Fisheries–Climatic factors. 2. Climatic changes–Economic aspects. I. Hannesson, Rögnvaldur. II. Barange, Manuel, 1961–III. Herrick Jr, Samuel F. IV. Series. SH343.3.C53 2006 639.22–dc22
2005049503
ISBN–13: 978 1 84542