Economics of Bioresources Utilization Study
Economics
of Bioresources Utilization Study
Concept : use of
simple Use Value :
• Total Revenue (TR):
Official Revenue for specific species adjusted for global average prices and for guessestimate of illegal catch
• Total Expenditure( TE) : Official
expenditures adjusted for annualized investment and for enforcement and policing
• Total Benefit : TR-TE
• Total Direct Environment Cost ( TDEC)= (Maximum Sustainable Yield- Actual Catch) * ( Global Average
prices )
•
• Total Environment Cost /Benefit =
TB + TDEC
• Lessons learnt: study has been
delayed /stopped due to fisheries resistance
!!