Current status and future needs of economics research of inland fisheries

Abstract

Inland capture fisheries (ICFs) provide ecosystem services – fish for food, livelihoods and recreation – to people and therefore have an economic value. Economic valuation can inform the sustainable management of ICFs and ensure they are recognised in trade-off analysis and decision-making. This study assesses existing ICFs economic research to identify knowledge gaps. Bibliographic databases were searched for suitable peer-reviewed articles. The selected studies (n = 75) were analysed for coverage, valuation methodologies and value metrics. A majority of existing studies value recreational ICFs in developed countries. Studies have employed a wide range of valuation methodologies and therefore provide a variety of economic values measured at different units and scales. This study highlights the need for a greater quantity of ICFs economic research that covers a representative sample of ecosystems and fishery types globally. Best practice recommendations are made for a standardised framework to ensure ICFs research generates economically credible and comparable values.