Economics Research Themes

The key objectives of the Socioeconomics Program's economics research are to monitor the economic state of commercial fisheries and to evaluate the economic implications and impacts of alternative management policies and regulatory measures. Research studies are organized into several broad themes:

Economic Performance Indicators of Commercial Fisheries

Continuous monitoring of trip-level costs and operational characteristics among significant commercial and cultural fisheries in Hawaii and the Pacific Island territories are an essential part of the Socioeconomics Program. These ongoing studies provide timely economic indicators based on the variable costs of fishing within these fisheries.

Cost-Earnings Studies of Commercial Fisheries

Cost-earnings studies are conducted intermittently to collect fixed costs, trip-level expenditures, annual revenues, and operational data to generate economic profiles of each fishery and to assess changes over time to the economic health of the fisheries.

Economic Analysis of Management Options

Several studies have been undertaken to assess the economic implications of alternative management policies and provide managers with a broader foundation for sound management decisions.

Environmental and Technological Influences on Fishery Economics

Periodic studies are conducted to investigate environmental and technological factors that influence the economics of commercial fishing in the Pacific.

Market Dynamics and Consumer Preferences

An improved understanding of the commercial fishery sector is being fostered through studies of fish supply and demand, consumer choices and behavior, and other market forces.

Economics of Noncommercial Fisheries and Ecotourism

Increased attention is being devoted to understanding the economic contributions of shore-based and boat-based noncommercial fisheries and marine ecotourism enterprises.