IDEAS home Printed from https://ideas.repec.org/a/eee/marpol/v29y2005i5p407-420.html
   My bibliography  Save this article

The Newfoundland fishery: ten years after the moratorium

Author

Listed:
  • Schrank, William E.

Abstract

Excessive overfishing combined with negative environmental conditions led to the decimation of the northern cod stock and its closure to commercial fishing in 1992. During the ensuing dozen years, the stock has not recovered. This paper considers the current state of the Newfoundland economy and the Newfoundland fishery and asks whether the lessons of the earlier day have been learned. The answer appears to be no. The main mover of the economy is exogenous to the fishery, the unemployment rate remains high, currently more than twice the Canadian rate, and the population of the province has fallen by ten percent. With respect to the fishery, although the decimated groundfish have been replaced by shellfish and the nominal value of landings has doubled since 1992, the fishery still has excess capacity, fishermen and fish plant workers generally earn low incomes, and the fishery remains heavily subsidized.

Suggested Citation

  • Schrank, William E., 2005. "The Newfoundland fishery: ten years after the moratorium," Marine Policy, Elsevier, vol. 29(5), pages 407-420, September.
    • Handle: RePEc:eee:marpol:v:29:y:2005:i:5:p:407-420
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0308-597X(04)00060-0
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

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


    Cited by:

    1. Sebastian Villasante & David Rodríguez-González & Manel Antelo, 2013. "On the Non-Compliance in the North Sea Cod Stock," Sustainability, MDPI, vol. 5(5), pages 1-20, May.
    2. Crépin, Anne-Sophie & Biggs, Reinette & Polasky, Stephen & Troell, Max & de Zeeuw, Aart, 2012. "Regime shifts and management," Ecological Economics, Elsevier, vol. 84(C), pages 15-22.
    3. Inês Pereira & Ualerson Iran Peixoto & Wendell Medeiros-Leal & Morgan Casal-Ribeiro & Régis Santos, 2022. "Multidimensional Indicators to Assess the Sustainability of Demersal Small-Scale Fishery in the Azores," Sustainability, MDPI, vol. 14(24), pages 1-19, December.
    4. Kahmann, Birte & Stumpf, Klara Helene & Baumgärtner, Stefan, 2015. "Notions of justice held by stakeholders of the Newfoundland fishery," Marine Policy, Elsevier, vol. 62(C), pages 37-50.
    5. Wang, Ying & Duan, Lijie & Li, Shiyu & Zeng, Zeyu & Failler, Pierre, 2015. "Modeling the effect of the seasonal fishing moratorium on the Pearl River Estuary using ecosystem simulation," Ecological Modelling, Elsevier, vol. 312(C), pages 406-416.
    6. Pascoe, Sean & Okey, Tomas A. & Griffiths, Shane, 2008. "Economic and ecosystem impacts of illegal, unregulated and unreported (IUU) fishing in Northern Australia," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 54(4), pages 1-20, December.
    7. Ahmed S. Khan, 2012. "Understanding Global Supply Chains and Seafood Markets for the Rebuilding Prospects of Northern Gulf Cod Fisheries," Sustainability, MDPI, vol. 4(11), pages 1-24, November.
    8. Nielsen, Max & Ravensbeck, Lars & Nielsen, Rasmus, 2014. "Green growth in fisheries," Marine Policy, Elsevier, vol. 46(C), pages 43-52.
    9. Sabau, Gabriela & van Zyll de Jong, Michael, 2015. "From unjust uneconomic growth to sustainable fisheries in Newfoundland: The true costs of closing the inshore fishery for groundfish," Marine Policy, Elsevier, vol. 61(C), pages 376-389.
    10. G. B. Sreekanth & S. K. Chakraborty & A. K. Jaiswar & P. U. Zacharia & K. S. Mohamed, 2021. "Modeling the impacts of fishing regulations in a tropical Indian estuary using Ecopath with Ecosim approach," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(12), pages 17745-17763, December.

    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:eee:marpol:v:29:y:2005:i:5:p:407-420. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/marpol .

    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.