1) Small scale fishermen in Indonesia face high transaction costs that reduce their income and economic efficiency. The transaction costs include fees to middlemen, local institutions, and for infrastructure access.
2) Small scale fishermen spend a higher proportion (17%) of their revenue on transaction costs compared to middle scale fishermen (9%). This means small scale fisheries have greater economic inefficiency.
3) The largest transaction cost component for small scale fishermen is middlemen fees, which account for over 90% of costs. Addressing asymmetric information and strengthening small fishermens' bargaining power could help minimize these transaction costs.
The fishery performance indicators for global tuna fisheriesChristina Parmionova
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Even when measures are approved, compliance is imperfect because fishing nations are individually responsible for implementation within each distinct regional jurisdiction, but enforcement often relies on voluntary compliance11 or coastal states to prevail upon their patron fishing nations to impose sanctions against their own fleets, who heavily rely on the very same resource rent to support their national economies.
This article is a synthesis of a feasibility study for the operationalisation of a misconceived/defunct fish auction market infrastructure in Mauritius. The guiding principle of this work has been to reaffirm the âvalue for moneyâ of the investments and to mainstream the Fish Auction Market into national seafood hub and the regional landscape of fish trade. Far from being a âone size fits allâ solution, the guidelines and lessons learned from this assignment can be useful in promoting appropriate market architecture in the fisheries sector as a promising pathway for market driven sustainable fisheries management in developing coastal and island economies.
The fishery performance indicators for global tuna fisheriesChristina Parmionova
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Even when measures are approved, compliance is imperfect because fishing nations are individually responsible for implementation within each distinct regional jurisdiction, but enforcement often relies on voluntary compliance11 or coastal states to prevail upon their patron fishing nations to impose sanctions against their own fleets, who heavily rely on the very same resource rent to support their national economies.
This article is a synthesis of a feasibility study for the operationalisation of a misconceived/defunct fish auction market infrastructure in Mauritius. The guiding principle of this work has been to reaffirm the âvalue for moneyâ of the investments and to mainstream the Fish Auction Market into national seafood hub and the regional landscape of fish trade. Far from being a âone size fits allâ solution, the guidelines and lessons learned from this assignment can be useful in promoting appropriate market architecture in the fisheries sector as a promising pathway for market driven sustainable fisheries management in developing coastal and island economies.
Separation Surplus yield model (MSY, Fmsy, MEY, Fmsy)Degonto Islam
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Economic variables are often included in the biological model that suggests the relationship between sustainable revenue, fishing cost and fishing effort.
For more than 50 years, it has been generally accepted that the fishing sector stood to gain from managing fisheries at the effort level producing maximum economic yield rather than maximum sustainable yield, which occurs at a higher effort level.
Surplus production models are also called as Holistic models. This model deals with total stock biomass along with fishing effort and yield. To operate this model, catch and effort data are needed as input data. These models could be computed with less input data unlike analytic models. This model does not take into account age and growth. Hence, it could be safely applied to tropical stocks, where calculation of age of tropical fish is more cumbersome.
MSU Comments to Presidential Task Force on IUU Fishing and Seafood FraudMark Gibson
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Comments provided to the Presidential Task Force on IUU Fishing and Seafood Fraud, specifically on how to implement is recommendations for combatting IUU fishing and seafood fraud.
An economic study of small-scale tilapia fish farming in Mymensingh district ...Premier Publishers
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The study was designed to estimate the costs, returns and resource use efficiency of tilapia fish farming in some selected areas of Mymensingh district. Both tabular and statistical techniques were used to achieve the objectives set for the study. The study revealed that the tilapia fish production is profitable business. Per hectare yield of tilapia fish were 19432 kg, 23234 kg, 27993 kg, for which money value was Tk. 2407846, 2950242, 3517805 for marginal, small and medium farmers, respectively. Benefit cost ratio was the highest for medium farmers (1.33) followed by marginal and small farmers (1.27). It was observed that the coefficient of human labour, feed and irrigation charge had significant effect on economic returns. Resource use efficiency analysis revealed that farmers are not efficient in using resources in tilapia fish production. Human labour cost, feed cost and fish protection chemicals cost were underused and therefore increase the use of these resources can maximize profit in tilapia fish production. Multiple ownership of pond, high price of feed, high disease infestation and lack of scientific knowledge and management were found the major problems for tilapia fish.
Separation Surplus yield model (MSY, Fmsy, MEY, Fmsy)Degonto Islam
Â
Economic variables are often included in the biological model that suggests the relationship between sustainable revenue, fishing cost and fishing effort.
For more than 50 years, it has been generally accepted that the fishing sector stood to gain from managing fisheries at the effort level producing maximum economic yield rather than maximum sustainable yield, which occurs at a higher effort level.
Surplus production models are also called as Holistic models. This model deals with total stock biomass along with fishing effort and yield. To operate this model, catch and effort data are needed as input data. These models could be computed with less input data unlike analytic models. This model does not take into account age and growth. Hence, it could be safely applied to tropical stocks, where calculation of age of tropical fish is more cumbersome.
MSU Comments to Presidential Task Force on IUU Fishing and Seafood FraudMark Gibson
Â
Comments provided to the Presidential Task Force on IUU Fishing and Seafood Fraud, specifically on how to implement is recommendations for combatting IUU fishing and seafood fraud.
An economic study of small-scale tilapia fish farming in Mymensingh district ...Premier Publishers
Â
The study was designed to estimate the costs, returns and resource use efficiency of tilapia fish farming in some selected areas of Mymensingh district. Both tabular and statistical techniques were used to achieve the objectives set for the study. The study revealed that the tilapia fish production is profitable business. Per hectare yield of tilapia fish were 19432 kg, 23234 kg, 27993 kg, for which money value was Tk. 2407846, 2950242, 3517805 for marginal, small and medium farmers, respectively. Benefit cost ratio was the highest for medium farmers (1.33) followed by marginal and small farmers (1.27). It was observed that the coefficient of human labour, feed and irrigation charge had significant effect on economic returns. Resource use efficiency analysis revealed that farmers are not efficient in using resources in tilapia fish production. Human labour cost, feed cost and fish protection chemicals cost were underused and therefore increase the use of these resources can maximize profit in tilapia fish production. Multiple ownership of pond, high price of feed, high disease infestation and lack of scientific knowledge and management were found the major problems for tilapia fish.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...Levi Shapiro
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Letter from the Congress of the United States regarding Anti-Semitism sent June 3rd to MIT President Sally Kornbluth, MIT Corp Chair, Mark Gorenberg
Dear Dr. Kornbluth and Mr. Gorenberg,
The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
This Congress will not stand idly by and allow an environment hostile to Jewish students to persist. The House believes that your institution is in violation of Title VI of the Civil Rights Act, and the inability or
unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
students that opportunity and have been hijacked to become venues for the promotion of terrorism, antisemitic harassment and intimidation, unlawful encampments, and in some cases, assaults and riots.
The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
⢠The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
⢠The Committee on Oversight and Accountability is investigating the sources of funding and other support flowing to groups espousing pro-Hamas propaganda and engaged in antisemitic harassment and intimidation of students. The Committee on Oversight and Accountability is the principal oversight committee of the US House of Representatives and has broad authority to investigate âany matterâ at âany timeâ under House Rule X.
⢠The Committee on Ways and Means has been investigating several universities since November 15, 2023, when the Committee held a hearing entitled From Ivory Towers to Dark Corners: Investigating the Nexus Between Antisemitism, Tax-Exempt Universities, and Terror Financing. The Committee followed the hearing with letters to those institutions on January 10, 202
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
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http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasnât one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
A review of the growth of the Israel Genealogy Research Association Database Collection for the last 12 months. Our collection is now passed the 3 million mark and still growing. See which archives have contributed the most. See the different types of records we have, and which years have had records added. You can also see what we have for the future.
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
Introduction to AI for Nonprofits with Tapp NetworkTechSoup
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Dive into the world of AI! Experts Jon Hill and Tareq Monaur will guide you through AI's role in enhancing nonprofit websites and basic marketing strategies, making it easy to understand and apply.
Normal Labour/ Stages of Labour/ Mechanism of LabourWasim Ak
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Normal labor is also termed spontaneous labor, defined as the natural physiological process through which the fetus, placenta, and membranes are expelled from the uterus through the birth canal at term (37 to 42 weeks
How to Make a Field invisible in Odoo 17Celine George
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It is possible to hide or invisible some fields in odoo. Commonly using âinvisibleâ attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
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This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
Safalta Digital marketing institute in Noida, provide complete applications that encompass a huge range of virtual advertising and marketing additives, which includes search engine optimization, virtual communication advertising, pay-per-click on marketing, content material advertising, internet analytics, and greater. These university courses are designed for students who possess a comprehensive understanding of virtual marketing strategies and attributes.Safalta Digital Marketing Institute in Noida is a first choice for young individuals or students who are looking to start their careers in the field of digital advertising. The institute gives specialized courses designed and certification.
for beginners, providing thorough training in areas such as SEO, digital communication marketing, and PPC training in Noida. After finishing the program, students receive the certifications recognised by top different universitie, setting a strong foundation for a successful career in digital marketing.
1. Transaction Cost of Small Scale Fisheries
Eva Anggraini1
, Sahat Simanjuntak1
, Gatot Yulianto2
1
Department of Environmental and Natural Resource Economics-Faculty of Economics and Management,
2
Faculty of Fisheries and Marine Science, Bogor Agricultural University
Introduction
Marine is one of the most important natural resources of Indonesia which covers 70 % of total area.
Nevertheless, contribution of fisheries as a whole to GDP is very low which is 2.2 % and it is dominated
by fish capture which its quantity of production in 2005 was about 4.7 million tones (BPS, 2005).
The big problem of marine and fisheries sector in Indonesia is the low welfare of big number
fishermen. Many efforts are run by government to solve this problems that derived become many kinds of
programs such as grant for boat and gear, grant or cash for work, etc. Most of those programs use
productivity approach and it is rather difficult to prove that the programs work well. For example, grant
for boat--especially large boat--will enable fishermen to catch fish in along distant from shoreline. The
fact, most of them lack of capital for operational cost, therefore they cannot operate their boats
continuously, and finally they will depend on informal lender to support their business. This relationship
will cause snowball effect to fishermen and also will make transaction cost for them.
The problem is not only caused by low production factor or high production cost, but also non
production costs faced by fishermen which is called transaction cost. Ronald Coase in his paper titled
âThe nature of the firmâ in 1937 defined transaction cost as the cost of using the price mechanism. But
then it develops that not only market structure causes transaction cost but also social structure and
property right.
Transaction cost is ubiquitous, and fishermen face high transaction cost it makes economic
pressure. High transaction cost reduces fishermen income. Aggregately it decreases economic efficiency
of fisheries. Reducing transaction cost must get big attention from many parts as one of exit solutions
from vicious cycle of poverty of big number fishermen. This paper studies about transaction cost of small
scale fisheries and its impact to fishermenâs community welfare.
Transaction Cost
There are some components faced by fishermen that create transaction cost, those are : 1) catch
retribution and collection; 2) middleman cost; 3) security cost; 4) management cost; 5) local institutional
cost. Catch retribution and collection is cost of existence for fishermen in fishing sector that paid to the
manager and fishing association. Middleman cost is cost of information that paid by fishermen since the
limited access of market information. Security cost is to secure the asset such as boat and paid to the
informal leader of port area. Business management cost is honorarium or commission that paid to
someone who is delegated tasks to organize the expense and administration affairs. While institution cost
is paid by fishermen for the purpose of maintaining conducive condition for working. All of those costs
have no influence to production, and called transaction cost.
Fishermen with different scale face
different proportion of transaction costs. The most
component of transaction cost that faced by small
scale fishermen is middlemen cost, it is about
92.54 % of total transaction cost, while security
cost and local institutional cost only take the rest
those are 6.95 % and 0.51 %. Middle scale
fishermen face different condition, where the
most component of transaction cost are business
management cost and catch retribution and
collection which take 49.29 % and 45.69 % of
total transaction cost, while security cost and
institutional cost are only 0.89 % and 4.13 %.
Table 1. Components of Transaction Cost of Small
Scale Fisheries (SSF) Compared with Middle Scale
Fisheries (MSF) (per unit)
Components SSF MSF
1. Catch retribution and
collection
- 45,69
2. Business management cost - 49,29
3. Middleman cost 92.54 -
3. Security cost 6.95 0,89
4. Local institutional cost 0.51 4,13
Total 100,00 100,00
Anggraini (2005)
Factors Cause Transaction Costs for Small Scale Fisheries
By observing the daily activities of small scale fishermen and analyzing their problems, some factors that
cause transaction cost are found. First, price information in local market is monopolized by middleman
2. 2
called bakul, tengkulak or toke. They can access and keep the price information. As a consequence it
creates asymmetric information for fishermen. In local market, small scale fishermen take position as the
price taker from middleman, and they have no bargaining power. The fishermen take lower price than
local market price and it leads to transaction cost for them.
Second, limited access of infrastructures and facilities become constrain for fishermen to
distribute their catch. Most of small scale fishermen face this problem since many facilities in fishing port
are monopolized by middle and large scale fishermen only.
Third, undefined property right causes resource allocation of a fisherman depends on other
fishermen. When property rights are perfect, no unauthorized transfer in rights can take place (by
definition), and as a result, no effort is made to steal or protect those rights. When property rights are
incomplete, wealth maximizing individuals will try to further establish their property rights, and resources
will be devoted toward their capture: some rights may be stolen when the opportunity arises, and some
resources will be used for protection (Allen,1991).
In common property fisheries, rationally a fisherman will catch as much as possible, because if
they do not take it, other fishermen will take it. This condition potentially creates interest conflict among
fishermen, so it should be managed well. Function of local institution is very important to build and
maintain the encouraging condition in fishing community. This is non technical solution. Some of areas
even have local tradition based their belief where people hold a spiritual ceremony wishing for the wealth,
and it builds good relationship among fishers. It makes cost to run this local institutional that paid by local
fishermen.
Impact to Communityâs Welfare
This study resulted that the average revenue of a small scale fisherman is about Rp 57 million per year per
unit of boat, while he expend total transaction cost about Rp 9.89 million per year per unit of boat. So,
ratio of transaction cost and revenue is 0.17 which means that in every Rp 100.00 of revenue, a small
scale fisherman expend Rp 17.00 for transaction cost. While a middle scale fishermanâs revenue is about
Rp 142 million and expend total transaction cost about Rp 15.53 million per year per unit of boat, so its
ratio of transaction cost and revenue is 0.09 which is lower than small scale fishermen. This ratio shows
that economic inefficiency of small scale fisheries is higher than middle scale fisheries, because there is
17 % revenue outflow from small scale fishermen to other parties which does not support their production
capacity.
In 2006 there are 185983 unit of outboard vessel that categorized as small scale fisheries. By this
number, we can estimate the total transaction cost of small scale fisheries is about Rp 1.84 trillion per
year, excluded non motorized vessels. It shows how big money moves out of small scale fisheries. Even
though transaction cost can not be eliminated, but it must be minimized, then could be allocated for public
expenditures such as infrastructure buildings, education and health services, etc. It also could be allocated
for production capacity of themselves, so over all it could increasing fisheries community welfare in long
term.
Conclusion
Small scale fishermen expend higher transaction cost than middle scale fishermen which means that they
get higher economic inefficiency. The most factor causes this higher transaction are middleman cost
because of the asymmetric information condition faced by small scale fishermen. To minimize transaction
cost of small scale fisheries is by liberating market information and strengthening bargaining power in
market through Fishers Controlled Enterprise at local level.
References
Allen, D.W. 1991. âWhat Are Transaction Costs ?â JAI Press Inc.
_________. 1999. âTransaction Costâ. Department of Economics-Simon Fraser University.
Benham, A. and Benham, L. 2001. âThe Cost of Exchangeâ. Ronald Coase Institute Working Paper.
Bromley, D. W. 1997. âProperty Regimes as Cause and Solutionâ.
Wang, N. 2003. âMeasuring Transaction Costs: An Incomplete Surveyâ. Ronal Coase Instutute Working
Paper.
Zerbe, R.C.Jr and McCurdy, H. âThe End of Market Failureâ. Analytical Foundation. Vol 23 No.2.
Acknowledgment
Thanks to Department of Environmental and Natural Resource Economics, Center of Coastal and Marine
Resource Studies, Surfactant and Bio-energy Research Center of Bogor Agricultural University for the
kindly support.