2013
DOI: 10.1007/s10113-013-0466-y
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Economic effects of global warming under stock growth uncertainty: the European sardine fishery

Abstract: Global warming of the oceans is expected to alter the environmental conditions that determine the growth of a fishery resource. Most climate change studies are based on models and scenarios that focus on economic growth, or they concentrate on simulating the potential losses or cost to fisheries due to climate change. However, analysis that addresses model optimization problems to better understand of the complex dynamics of climate change and marine ecosystems is still lacking. In this paper a simple algorith… Show more

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Cited by 8 publications
(10 citation statements)
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“…4 term climatic models of variability (Chavez et al, 2003;Rocha et al, 2013). In most marine systems and for many fish populations, relationships between environment and recruitment have been proposed, but they have often been contested or have failed when retested with new and longer sets of observations (see Myers, 1998).…”
Section: Accepted M Manuscriptmentioning
confidence: 99%
“…4 term climatic models of variability (Chavez et al, 2003;Rocha et al, 2013). In most marine systems and for many fish populations, relationships between environment and recruitment have been proposed, but they have often been contested or have failed when retested with new and longer sets of observations (see Myers, 1998).…”
Section: Accepted M Manuscriptmentioning
confidence: 99%
“…Some other studies analysing the impact of GW on fisheries are [90] and [91]. In [90] the GW issue is analysed for the case of European sardine fishery making use of a bio-economic stochastic model.…”
Section: Resultsmentioning
confidence: 99%
“…Nevertheless, the net present value of gross profits is an accepted measure for linking CC impacts to fisheries production (e.g. Lam et al 2012;Rocha et al 2013).…”
Section: Methodological Issuesmentioning
confidence: 99%
“…With respect to the US mollusk fishery, Cooley and Doney (2009) estimate a net present value of ex-vessel revenue losses (discount rate = 4%) of between US$0.32 billion and US$1.36 billion by 2060 due to ocean acidification. Although the Iberian-Atlantic sardine fishery will not be affected in the short run (Rocha et al 2013), a drop of about 1.3% in annual profits is predicted by 2030 (Garza et al 2010). Finally, for both Greenland and Iceland, a positive impact of CC on both fish stocks and gross national product is likely to occur over the next 50 years (Arnason 2007).…”
Section: Literature Reviewmentioning
confidence: 99%
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