Cooperation and sales revenue of fisheries

Victor Vasse and François-Charles Wolff
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Victor Vasse: ricep - Reseau d'information et de communication en economie des pêches

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Abstract: This paper relies on a natural experiment to study the short-term consequences of a reduction of the trawler fleet on the economic situation of fisheries. In the context of the Covid pandemic, a scenario of cooperation leading to a weekly rotation of trawlers was set up for four weeks in May 2020 in the port of Le Grau-du-Roi located on the Mediterranean Sea. However, this scenario was not utilized in the nearby port of Sète. Using detailed transaction data, we rely on a difference-indifferences strategy to assess the impact of the large decrease (around 45%) in the number of trawlers selling fish on a daily basis during the cooperation period. We show that the daily sales revenue per active trawler increased more in Le Grau-du-Roi than in Sète (around 20%) due to higher fish catches, presumably due to a decrease in congestion. However, we find that the evolution of the total revenue per trawler was much lower (around 40%) in Le Grau-du-Roi than in Sète because of the cooperation, meaning that the decrease in fishing time had not been offset at all by the increase in daily sales revenue.

Keywords: fisheries; fish markets; sales revenue; difference-in-differences estimation (search for similar items in EconPapers)
Date: 2022-08
New Economics Papers: this item is included in nep-env
Note: View the original document on HAL open archive server: https://hal.science/hal-03913069
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Published in Ecological Economics, 2022, 198, pp.107459. ⟨10.1016/j.ecolecon.2022.107459⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03913069

DOI: 10.1016/j.ecolecon.2022.107459

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