Regional socio-economic importance of fisheries in Finland

Abstract

The total value of Finnish fisheries production in 1997 was almost FIM 2 billion. The bulk of this sum was from processing and wholesaling, but in terms of value added, somewhat more than half was contributed by the primary sector, i.e. fishing and fish farming. In economic terms, fisheries accounted for 0.1% of gross domestic product (GDP) in 1997 and the relative job creation capacity was 0.15%. This paper examines the structure of Finnish fisheries in terms of production value and employment. It also considers the level of dependency on fisheries and of value added along the production chain. The focus is on concentration of the industry and on input to the economy at the regional level. The concentration of fisheries and regional dependence on fisheries are assessed in absolute and relative terms. Examining employment and value added in these two ways enables the regional nature of fisheries to be shown in greater detail. The input of fisheries to the regional economy is examined by the share of value added and by location quotients. The location quotient compares an area’s share of a particular activity with that area’s share of some basic or aggregated phenomenon. The location quotient showed that fisheries have importance not only in the coastal area but also inland.

Türkiye de Bölgelerarası Sektörel Verimliliğin Analizi - The Analysis of Interregional Sectoral Productivity in Turkey

“…While another cut-off point in this issue is 2, it is argued that a strong Specialization exists in the region that catches this threshold. (Virtanen and Honkanen, 2001;McCord and Ratcliffe, 2009;Groff, 2011;Li, 2015;Yuanyuan and Bingliang, 2017). Malmberg and Maskell (2002) find that the value of 2 for the Specialization is inadequate and the coefficient for the absolute sectoral Specialization in the region for the labour market should be 3 or more.…”

National and regional socio‐economic dependence on the fishery sector in mainland China

“…The location quotient ( LQ ) is a quantitative measure used to describe the concentration of a group or an activity in a locality or region relative to that of a larger area such as the countrywide or national norm (Mayer & Pleeter ; Virtanen et al . ; Chiang ; Gregory et al . ) and has been widely used as an indicator in regional analysis (Mayer & Pleeter ; Miller et al .…”

“…In Finland, despite the contribution of fisheries to the national economy being marginal, they are still important at the regional level (Virtanen et al . ).…”

Indicators and tools for assessing sustainability impacts of the forest bioeconomy

“…Den Herder et al (2012) defined LVA as the sum of consumer prices and subsidies deducted by the production costs and added all forest-based materials substituting fossil fuels to LVA, given that Finland has no domestic fossil fuels reserves. Virtanen et al (2001) presented the (economic) importance of fisheries in different regions in Finland and a similar approach is possible to be applied in forestry.…”