| Variable Type | Ordinal |
|---|---|
| Variable Component Type | Natural Resource Unit, Natural Resource System |
| Variable Kind | Interaction |
| Theme | Institutions (learn about themes) |
| Projects | SESMAD, Fiji fisheries |
| Question | If it is traded in a market, how high is the market value of this resource? |
| Select Options | 1 Low, 2 Medium, 3 High |
| Unit | |
| Role | |
| Importance | Various components of the market economy, such as existence of local markets, resource market value, or local market integration in the global economy, are considered to be important determinants of the sustainable resource use (Cinner and McClanahan 2006, Dietz et al. 2003). Pandit and Thapa (2004) found that commercially value nontimber forest products in the mountainous regions of Nepal are being overharvested in both national and community forests. In combination with other variables (ECMarkets, ECMarketScale, ECBlackMarkets), this information provides a good overview about the status and functioning of market economy for this resource. |
| Definition | "The commercial value of the resource in question in the open market. Low: almost all actors have the purchasing power to purchase the commons (e.g., a very common, small fish such as sardines) High: only very few actors have the purchasing power to purchase the commones (e.g., rare but highly desirable fish, e.g., bluefin tuna)" |
| Sectors |
Theory Usages
| Theory | Value Used |
|---|---|
| Gilded traps | High |
| Bans and perverse incentives | High |
| Market-driven resource decline | High |
| Roving banditry | High |
Associated Studies
| Study Citation |
|---|
Case Usages
| Case | Interaction Type | Component | Value Used | Explanation |
|---|---|---|---|---|
| Forests in Indonesia | Governance | Forests in Indonesia | Medium (2) | The primary product traded on the market from this forest is timber products. While not being cheap, these certainly are not very expensive, thus we code them as medium. |
| Forests in Indonesia | Governance | Forests in Indonesia | Medium (2) | Forest products have a medium value. |
| Gulf of Nicoya, Costa Rica fisheries governance | Governance | Gulf of Nicoya fisheries | Medium (2) | Diverse array of species at different values |
| Galapagos Marine Reserve | Biophysical | Galapagos Sea Cucumber | ||
| Atlantic Bluefin Tuna (ICCAT) | Governance | Western Atlantic Bluefin Tuna | High (3) | |
| Atlantic Bluefin Tuna (ICCAT) | Governance | Eastern Atlantic Bluefin Tuna | High (3) | |
| Community D (Fiji Fisheries) | Governance | Community D Fish Resources | Missing | |
| Atlantic Bluefin Tuna (ICCAT) | Governance | Eastern Atlantic Bluefin Tuna | High (3) | |
| Montreal Protocol | Biophysical | Ozone | Not Applicable | |
| Great Barrier Reef Marine Park | Governance | GBR coral cover | ||
| Great Barrier Reef Marine Park | Governance | GBR coral cover | Not Applicable | |
| Montreal Protocol | Biophysical | Ozone | Not Applicable | |
| Great Barrier Reef Marine Park | Governance | GBR target fish | Medium (2) | |
| Great Barrier Reef Marine Park | Governance | GBR target fish | Medium (2) | Some live reef fish are quite valuable, but on the whole prices are medium compared to other resources. |
| Galapagos Marine Reserve (GMR) | Governance | Galapagos Sea Cucumber | High (3) | At it's peak it was high. Price rose from $0.06 US in 1992 to $0.80-1.00 US per individual in 2000, then fell to $0.55 US due to the smaller size of landed individuals in 2001. (Shepherd et al., 2004). In 2003, price tripled due to collapse of fisheries in other locations. (Hearn et al., 2003) |
| Macquarie Island Marine Park | Governance | Patagonian Toothfish | High (3) | Toothfish resources, particularly those that are MSC certified earn a premium price on international markets. Prices can range from 5-20 dollars per pound. |
| Macquarie Island Marine Park | Governance | Light Mantled Albatross | Low (1) | The market value of light mantled albatross is very low to non-existent. |
| Macquarie Island Marine Park | Governance | Macquarie Island Royal Penguin | Low (1) | In the past penguins on Macquarie island were harvested for oil, with approximately 150,000 taken per year between 1894-1914. However, the harvests ended in 1920, and the population is no longer harvested for any purpose. |
| Wakatobi National Park | Governance | Wakatobi coral cover | Low (1) | Very low value for lime. |
| Wakatobi National Park | Governance | Wakatobi fish spawning | Low (1) | Sub-national trading and subsistence uses mainly. Only a small market for live fish trade. |
| Wakatobi National Park | Governance | Wakatobi Green Turtle | Low (1) | Low - Julian Clifton pers comm |
| Northwestern Hawaiian Islands (NWHI) Marine National Monument | Governance | NWHI Lobster Fishery | Not Applicable | |
| Galapagos Marine Reserve (GMR) | Governance | Galapagos Green Turtle | Not Applicable | |
| Galapagos Marine Reserve (GMR) | Governance | Galapagos Sharks | High (3) | Inlcudes very high end tourism market. Shark fins lucrative on illegal markets |
| Northwestern Hawaiian Islands (NWHI) Marine National Monument | Governance | NWHI Trophic Density | Not Applicable | |
| Northwestern Hawaiian Islands (NWHI) Marine National Monument | Governance | NWHI Green Turtle | Not Applicable | |
| Central California National Marine Sanctuaries | Governance | California Humpback Whale | Not Applicable | |
| Central California National Marine Sanctuaries | Governance | California Rocky Shores Ecosystem Health | Not Applicable | |
| Community A (Fiji fisheries) | Governance | Community A Fish Resources | Missing | |
| Community B (Fiji Fisheries) | Governance | Community B Fish Resources | Missing | |
| Community C (Fiji Fisheries) | Governance | Community C Fish Resources | Missing | |
| Raja Ampat (National Act No. 32 2004) | Governance | Raja Ampat Coral Cover | Not Applicable | |
| Community E (Fiji Fisheries) | Governance | Community E Fish Resources | Missing | |
| Raja Ampat (National Act No. 32 2004) | Governance | Raja Ampat Green Turtle | Not Applicable | |
| Raja Ampat (National Act No. 32 2004) | Governance | Raja Ampat Reef Fish | Low (1) | generally reef fish have a fairly low value, but some species have a high value (larger grouper and snapper). The live fish trade is lucrative |
| Central California National Marine Sanctuaries | Governance | California Groundfish Habitat | Medium (2) | Depends on the species. Some species have a low market value (sole) while others are considered pricey (blackcod). |
| Svalbard Nature Reserves | Governance | Svalbard Polar Bear | Not Applicable | |
| Community F (Fiji Fisheries) | Governance | Community F Fish Resources | Missing | |
| Great Australian Bight Marine Park (GABMP) (Commonwealth Waters) | Governance | GABMP (Commonwealth Waters) Southern Right Whale | Not Applicable | |
| Svalbard Nature Reserves | Governance | Svalbard Shrimp | Medium (2) | The price of shrimp may fluctuate considerably – in recent years the price has ranged from $2.50-5.00 US per pound. |
| Great Australian Bight Marine Park (GABMP) (Commonwealth Waters) | Governance | GABMP (Commonwealth Waters) Southern Bluefin Tuna | High (3) | South Australia’s tuna industry has increased production significantly since 1995/96, now producing more than 9,000 tonnes of processed tuna, valued at over $260M. |
| Seaflower MPA | Governance | Seaflower coral reefs | Not Applicable | |
| Great Barrier Reef Marine Park | Governance | GBR Green Turtle | Not Applicable | |
| Heard and McDonald Islands Marine Reserve | Governance | Light Mantled Albatross | Low (1) | The market value of Light Mantled Albatross is very low to non-existent. |
| Heard and McDonald Islands Marine Reserve | Governance | King Penguin | Low (1) | King Penguins used to be harvested for oil, though it is no longer harvested now. They are one of the targets of tourist vessels, however. |
| Heard and McDonald Islands Marine Reserve | Governance | Patagonian Toothfish | High (3) | Toothfish are an incredibly high value resource, sold largely in upscale restaurants and markets. The catch at HIMI (which has remained at between about 2500-4000+ tonnes per year) is estimated to be worth $32 million USD per year. In the United States fillets can be purchased from markets (e.g., Whole Foods) for upwards of $25USD/pound. |
| Great Australian Bight Marine Park (GABMP) (Commonwealth Waters) | Governance | GABMP (Commonwealth Waters) Sea Lion | Not Applicable | |
| Svalbard Nature Reserves | Governance | Svalbard Kittiwake | Not Applicable | |
| Community G (Fiji Fisheries) | Governance | Community G Fish Resources | Missing | |
| Community H (Fiji Fisheries) | Governance | Community H Fish Resources | Missing | |
| Seaflower MPA | Governance | Seaflower groupers | Missing | NO DATA |
| Cenderwasih National Park | Governance | Cenderwasih coral cover | Not Applicable | |
| Cenderwasih National Park | Governance | Cenderwasih target fish | Low (1) | generally reef fish have a fairly low value, but some species have a high value (larger grouper and snapper). The live fish trade is lucrative |
| Falkland Islands squid | Governance | Patagonian squid (Loligo gahi) | Low (1) | Low cost, high source of protein. Aggregate high value. |
| New Zealand squid | Governance | Arrow Squid (Nototodarus spp.) | Low (1) | Typically lower value than calamari species (NZ$6.90 KG vs NZ$12.90 KG) (Hawkes bayseafoods.co.nz). But aggregate high value fishery. |
| California squid | Governance | California market squid (Loligo opalescens) | Low (1) | Though large sum revenue, relatively inexpensive product. |
| Pond aquaculture on Lombok, Indonesia | Governance | Lombok aquaculture irrigation canals | Not Applicable | |
| Pond aquaculture on Lombok, Indonesia | Governance | Lombok aquaculture irrigation canals | ||
| Caete-Teperacu Extractive Reserve (RESEX) in Braganca, Brazil | Governance | Mangrove forest in Bragança, Brazil | Medium (2) | |
| Gili Trawangan Coastal Tourism | Governance | Coral reefs, coast and small-island on and surrounding Gili Trawangan, Indonesia | Not Applicable |