IDEAS home Printed from https://ideas.repec.org/a/bla/jageco/v61y2010i2p381-397.html
   My bibliography  Save this article

The Global Competition for Wild Fish Resources between Livestock and Aquaculture

Author

Listed:
  • Sigbjørn Tveterås
  • Ragnar Tveterås

Abstract

Aquaculture satisfies a growing global demand for fish but also consumes an increasing share of the world’s wild fish resources. This has led to a concern that increased aquaculture production poses a threat to the sustainability of capture fisheries. We use a shrinkage estimator to estimate fishmeal demand from countries with different make‐up of meat and farmed salmon production. Although we are not able to identify structural differences between these sectors, the empirical results show that fishmeal demand is price inelastic. Technological change, however, is reducing fishmeal usage in feeds, suggesting that strong demand pressure on pelagic fish resources targeted for fishmeal is a temporary phenomenon.

Suggested Citation

  • 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.
    • Handle: RePEc:bla:jageco:v:61:y:2010:i:2:p:381-397
    DOI: 10.1111/j.1477-9552.2010.00245.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1477-9552.2010.00245.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1477-9552.2010.00245.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Delgado, C.L. & Wada, N. & Rosegrant, M.W. & Meijer, S. & Ahmed, M., 2003. "Fish to 2020: supply and demand in changing global markets," Monographs, The WorldFish Center, number 15796, April.
    2. Tomislav Vukina & James L. Anderson, 1993. "A State-Space Forecasting Approach to Optimal Intertemporal Cross-Hedging," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 75(2), pages 416-424.
    3. Hannesson, Rögnvaldur, 2003. "Aquaculture and fisheries," Marine Policy, Elsevier, vol. 27(2), pages 169-178, March.
    4. Delgado, Christopher L. & Crosson, Pierre & Courbois, Claude, 1997. "The impact of livestock and fisheries on food availability and demand in 2020," MTID discussion papers 19, International Food Policy Research Institute (IFPRI).
    5. Peeters, Ludo & Surry, Yves, 1993. "Estimating feed utilisation matrices using a cost function approach," Agricultural Economics, Blackwell, vol. 9(2), pages 109-126, August.
    6. Baltagi, Badi H. & Griffin, James M., 1997. "Pooled estimators vs. their heterogeneous counterparts in the context of dynamic demand for gasoline," Journal of Econometrics, Elsevier, vol. 77(2), pages 303-327, April.
    7. Maddala, G S, et al, 1997. "Estimation of Short-Run and Long-Run Elasticities of Energy Demand from Panel Data Using Shrinkage Estimators," Journal of Business & Economic Statistics, American Statistical Association, vol. 15(1), pages 90-100, January.
    8. Peeters, Ludo, 1995. "Measuring Biases of Technical Change: The Case of Cereals Displacement in Livestock Ration Formulation in Belgium," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 22(2), pages 137-156.
    9. Christopher Delgado & Pierre Crosson & Claude Courbois, 1997. "The Impact of Livestock and Fisheries on Food Availability and Demand in 2020," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(5), pages 1471-1475.
    10. Christian Mullon & Jean-François Mittaine & Olivier Thébaud & Guillaume Péron & Gorka Merino & Manuel Barange, 2009. "Modeling the global fishmeal and fish oil markets," Post-Print hal-00511619, HAL.
    11. 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.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    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. 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.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Andrea Orame, 2020. "The role of bank supply in the Italian credit market: evidence from a new regional survey," Temi di discussione (Economic working papers) 1279, Bank of Italy, Economic Research and International Relations Area.
    2. Yoonseok Lee & Donggyu Sul, 2022. "Trimmed Mean Group Estimation," Advances in Econometrics, in: Essays in Honor of M. Hashem Pesaran: Panel Modeling, Micro Applications, and Econometric Methodology, volume 43, pages 177-202, Emerald Group Publishing Limited.
    3. Lien, Kristin & Tveterås, Ragnar & Tveterås, Sigbjørn, 2009. "The structure of herring product demand in Russia," UiS Working Papers in Economics and Finance 2009/23, University of Stavanger.
    4. Peñasco, Cristina & del Río, Pablo & Romero-Jordán, Desiderio, 2017. "Gas and electricity demand in Spanish manufacturing industries: An analysis using homogeneous and heterogeneous estimators," Utilities Policy, Elsevier, vol. 45(C), pages 45-60.
    5. Badi H. Baltagi, 2008. "Forecasting with panel data," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 27(2), pages 153-173.
    6. 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).
      • 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).
    7. Pock, Markus, 2007. "Gasoline and Diesel Demand in Europe: New Insights," Economics Series 202, Institute for Advanced Studies.
    8. Eshagh Mansourkiaee, 2023. "Estimating energy demand elasticities for gas exporting countries: a dynamic panel data approach," SN Business & Economics, Springer, vol. 3(1), pages 1-28, January.
    9. Anin Aroonruengsawat, Maximilian Auffhammer, and Alan H. Sanstad, 2012. "The Impact of State Level Building Codes on Residential Electricity Consumption," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1).
    10. Salisu, Afees A. & Vo, Xuan Vinh, 2020. "Predicting stock returns in the presence of COVID-19 pandemic: The role of health news," International Review of Financial Analysis, Elsevier, vol. 71(C).
    11. Salisu, Afees A. & Vo, Xuan Vinh, 2021. "Firm-specific news and the predictability of Consumer stocks in Vietnam," Finance Research Letters, Elsevier, vol. 41(C).
    12. Badi H. Baltagi, 2021. "Dynamic Panel Data Models," Springer Texts in Business and Economics, in: Econometric Analysis of Panel Data, edition 6, chapter 0, pages 187-228, Springer.
    13. Yuli Radev, 2012. "Empirical Analysis of Demand of Natural Gas by Households in Europe," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 154-183.
    14. Badi H. Baltagi & Georges Bresson & James M. Griffin & Alain Pirotte, 2003. "Homogeneous, heterogeneous or shrinkage estimators? Some empirical evidence from French regional gasoline consumption," Empirical Economics, Springer, vol. 28(4), pages 795-811, November.
    15. Kydd, Jonathon, 2015. "Ex-post evaluation study of IFPRI’s research on high-value agriculture, 1994–2010," Impact assessments 39, International Food Policy Research Institute (IFPRI).
    16. Farshid Vahid, 2000. "Clustering Regression Functions in a Panel," Econometric Society World Congress 2000 Contributed Papers 0251, Econometric Society.
    17. Oliver Hossfeld, 2010. "Equilibrium Real Effective Exchange Rates and Real Exchange Rate Misalignments: Time Series vs. Panel Estimates," Working Papers 2010.3, International Network for Economic Research - INFER.
    18. Andersen, Trude Berg & Nilsen, Odd Bjarte & Tveteras, Ragnar, 2011. "How is demand for natural gas determined across European industrial sectors?," Energy Policy, Elsevier, vol. 39(9), pages 5499-5508, September.
    19. Bettina Becker & Stephen Hall, 2013. "Do R&D strategies in high-tech sectors differ from those in low-tech sectors? An alternative approach to testing the pooling assumption," Economic Change and Restructuring, Springer, vol. 46(2), pages 183-202, May.
    20. Burnett, J. Wesley & Bergstrom, John C. & Dorfman, Jeffrey H., 2013. "A spatial panel data approach to estimating U.S. state-level energy emissions," Energy Economics, Elsevier, vol. 40(C), pages 396-404.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:jageco:v:61:y:2010:i:2:p:381-397. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0021-857X .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.