International Institute of Fisheries Economics and Trade
Abstract
Long-term, naturally occurring cycles can cause significant shifts in marine
ecosystems referred to as regime shifts. While the new regime can be as
diverse and ecologically acceptable as that which it replaced, individual
species may completely disappear or be greatly depressed when a regime
shift occurs. In this work we examine an 80 year time series of California
commercial fishery landings during which time the California current has
been observed to shift from a warm to a cold then back to a warm regime.
This period also captures the heyday of the U.S. Pacific sardine fishery in
the 1930s, its collapse and its subsequent reemergence in the 1990s. We
observe major changes in the species composition of commercial landings
over this period and relate these changes to changes in the environment as
expressed through changes in the forage base. Our initial findings suggest
that while aggregate biomass may not be greatly affected by a regime shift,
there can be significant changes in the operations of fisheries and in the
economic value they generate.Keywords: Environmental, Ecological and Economic Considerations in the Conservation and Management of Forage Fish, Fisheries Economics, Fishery ManagementKeywords: Environmental, Ecological and Economic Considerations in the Conservation and Management of Forage Fish, Fisheries Economics, Fishery Managemen