The Impacts of Environmental and Socio-Economic Risks on the Fisheries in the Mediterranean Region

Nathalie Hilmi, Shekoofeh Farahmand, Vicky W. Y. Lam, Mine Cinar, Alain Safa and Juliette Gilloteaux
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Nathalie Hilmi: Section of Environmental Economics, Centre Scientifique de Monaco, 8 Quai Antoine 1er, 98000 Monaco, Monaco
Shekoofeh Farahmand: Department of Economics, University of Isfahan, Azadi Square, Isfahan 81746-73441, Iran
Vicky W. Y. Lam: Institute for the Oceans and Fisheries, The University of British Columbia, Vancouver, BC V6T 1Z4, Canada
Juliette Gilloteaux: Sophia Antipolis Campus, Université Côte d’Azur, CEDEX 2, 06103 Nice, France

Sustainability, 2021, vol. 13, issue 19, 1-30

Abstract: The objective of this study is to investigate the impacts of the environmental and socio-economic risks on the fisheries in the Mediterranean region from an economic point of view. A balanced panel of 21 Mediterranean countries for 2001–2018 has been estimated by the GLS method, considering heteroskedasticity and correlation among cross sections. The volume of fish landed and landed values have been considered in two models. The results show that increases in sea bottom and surface temperature, H + ion concentration and salinity threaten the fisheries in the Mediterranean region for the volume of fish landed and that sea surface temperature and salinity negatively influence landed values. In addition, there is an inverse U-shaped relationship between human population and fisheries. Moreover, the Human Development Index (HDI), an indicator of countries’ adaptive capacity, has a positive impact on fisheries and indicates that countries can safeguard fisheries by improving their adaptive capacity. Finally, our results strongly show the risk of climate change for the fisheries in the Mediterranean region and that fisheries are adversely impacted by climate change as well as worsening socio-economic conditions in the absence of adaptation plans.

Keywords: fisheries; environmental risks; socio-economic risks; climate change; Mediterranean region (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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