A regional computable general equilibrium CGE model for

A regional computable general equilibrium (CGE) model for fisheries Traditional fisheries economics: efficiency in fishing, optimal yield of aquatic resources Problems with fisheries: poverty of fishery community, sustainability of aquatic resources New thinking for solutions to long-term, persistent problems: social, economic and industrial transitions Modelling the transitions: CGE model, others A CGE model: simulating agents’ interaction in competitive markets where price mechanisms are effective in influencing the economic system, better for policy analysis A fisheries CGE model: detailed description of fish production and consumption, linkage with ecological/biological model of aquatic resources

The nested consumption scheme Aggregate consumption 1 2 3 4 5 6 Energy Agro/aquatic product Agricultural product Species 1…spl Processed fish Species 1…sp 3, l Service Aquatic product Luxury aqua-product Raw fish Industrial product Basic aqua-product Raw fish Species 1…spb Processed fish Species 1…sp 3, b

The nested production scheme 0 1 Single output per producer Intermediate input 2 Agro&aqua-product 3 Agro-product Aqua-product Labour Capital EIS product Energy Industrial product Service

The nested production scheme for Fishing producers 0 Multiple outputs per activity Biomass Production activity by producer Aqua-product 1 Labour Agro-product Capital Energy Service Industrial product