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Climate change and the value of fishing in the Arctic

Gren, Ing-Marie and Marbuah, George (2021). Climate change and the value of fishing in the Arctic. (NL, NJ) > Dept. of Economics, Sveriges lantbruksuniversitet. Working Paper Series / Swedish University of Agricultural Sciences, Department of Economics ; 2021:04
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Abstract

Several studies indicate impacts on fish from climate change in the Arctic, but there is no study calculating the effect on the value of fishing. The value of fishing is determined not only by climate change, but also by other variables including prosperity and population density. The present study estimates the impact of these factors on the recreational value of fishing by using meta-regression analysis of studies estimating willingness-to-pay for fishing in the Arctic. The study includes 22 studies with a total of 107 observations, and the results indicate robust results with a positive relation between estimated value and temperature and prosperity, but a negative with precipitation. Using the results from the regression, simulations showed that increases by the same percent in temperature and precipitation give a minor net decrease in the fishing value, but an increase in the temperature with 1 ̊C can raise the average fishing value by approximately 15 percent.

Authors/Creators:Gren, Ing-Marie and Marbuah, George
Title:Climate change and the value of fishing in the Arctic
Series Name/Journal:Working Paper Series / Swedish University of Agricultural Sciences, Department of Economics
Year of publishing :2021
Number:2021:04
Number of Pages:25
Publisher:Department of Economics, Swedish University of Agricultural Sciences
ISSN:1401-4068
Language:English
Publication Type:Report
Article category:Other scientific
Version:Published version
Full Text Status:Public
Subjects:(A) Swedish standard research categories 2011 > 1 Natural sciences > 105 Earth and Related Environmental Sciences > Climate Research
Keywords:fish value, meta-regression, willingness to pay, climate factors, prosperity, Arctic
URN:NBN:urn:nbn:se:slu:epsilon-p-113525
Permanent URL:
http://urn.kb.se/resolve?urn=urn:nbn:se:slu:epsilon-p-113525
ID Code:25324
Faculty:NJ - Fakulteten för naturresurser och jordbruksvetenskap
Department:(NL, NJ) > Dept. of Economics
Deposited By: SLUpub Connector
Deposited On:14 Sep 2021 06:25
Metadata Last Modified:15 Sep 2021 08:06

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