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On the Relationship Between Aquaculture and Reduction Fisheries

Author

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  • Frank Asche
  • Sigbjørn Tveterås

Abstract

Recently, there has been a growing concern that increased aquaculture production poses an environmental threat to the species targeted in so‐called reduction fisheries, the main source for fishmeal. The argument is that increased aquaculture production leads to higher feed demand, and then presumably to higher fishing effort in these fisheries. In this paper we address whether aquaculture production threatens sustainability of such fisheries. First, we ask under which management regimes can increased demand pose a threat to the species in question? Second, we investigate what is the market for fishmeal; is fishmeal a unique product or is it part of the larger market for protein meals which includes Soyameal? This is an important issue since the market structure for fishmeal is a key factor in determining whether increased aquaculture production can affect fishmeal prices, and thereby increase fishing pressure in reduction fisheries.

Suggested Citation

  • Frank Asche & Sigbjørn Tveterås, 2004. "On the Relationship Between Aquaculture and Reduction Fisheries," Journal of Agricultural Economics, Wiley Blackwell, vol. 55(2), pages 245-265, July.
    • Handle: RePEc:bla:jageco:v:55:y:2004:i:2:p:245-265
    DOI: 10.1111/j.1477-9552.2004.tb00095.x
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    Citations

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    Cited by:

    1. Sigbjorn Tveteras & Carlos Paredes & Julio Peña, 2011. "Individual Fishing Quotas in Peru: Stopping the Race for Anchovies," ILADES-UAH Working Papers inv263, Universidad Alberto Hurtado/School of Economics and Business.
    2. Ola Kvaløy & Ragnar Tveterås, 2008. "Cost Structure and Vertical Integration between Farming and Processing," Journal of Agricultural Economics, Wiley Blackwell, vol. 59(2), pages 296-311, June.
    3. Delgado, Christopher L. & Rosegrant, Mark W. & Wada, Nikolas & Meijer, Siet & Ahmed, Mahfuzuddin, 2002. "Fish as food," MTID discussion papers 52, International Food Policy Research Institute (IFPRI).
      • Delgado, Christopher L. & Rosegrant, Mark W. & Wada, Nikolas & Meijer, Siet & Ahmed, Mahfuzuddin, 2002. "Fish as food," MSSD discussion papers 52, International Food Policy Research Institute (IFPRI).
    4. Sigbjørn Tveterås & Ragnar Tveterås, 2010. "The Global Competition for Wild Fish Resources between Livestock and Aquaculture," Journal of Agricultural Economics, Wiley Blackwell, vol. 61(2), pages 381-397, June.
    5. Lee, Min-Kyu & Yoo, Seung-Hoon, 2014. "The role of the capture fisheries and aquaculture sectors in the Korean national economy: An input–output analysis," Marine Policy, Elsevier, vol. 44(C), pages 448-456.
    6. Ruth Beatriz Mezzalira Pincinato & Frank Asche & Atle Oglend, 2020. "Climate change and small pelagic fish price volatility," Climatic Change, Springer, vol. 161(4), pages 591-599, August.
    7. David Ubilava, 2014. "El Niño Southern Oscillation and the fishmeal–soya bean meal price ratio: regime-dependent dynamics revisited," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 41(4), pages 583-604.
    8. Milena Arias Schreiber & Miguel Ñiquen & Marilú Bouchon, 2011. "Coping Strategies to Deal with Environmental Variability and Extreme Climatic Events in the Peruvian Anchovy Fishery," Sustainability, MDPI, vol. 3(6), pages 1-24, June.
    9. Asche, Frank & Oglend, Atle, 2016. "The relationship between input-factor and output prices in commodity industries: The case of Norwegian salmon aquaculture," Journal of Commodity Markets, Elsevier, vol. 1(1), pages 35-47.
    10. Esther Régnier & Basak Bayramoglu, 2016. "Competition between farmed and wild fish: the French sea bass and sea bream markets," Post-Print hal-01365962, HAL.
    11. Nygaard, Rune & Roll, Kristin H., 2024. "Cross-hedging wild salmon prices," Journal of Commodity Markets, Elsevier, vol. 33(C).

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