Abstract

The Blue Economy concept was firstly introduced after 2008 Mortgage Crisis, and gained importance in the United Nations Sustainability Conference held in Rio in 2012. In this study, the concept and the scope of the blue economy are given, and the fishing activity, which is one of the crucial blue economy components, is emphasized. According to the Food and Agriculture Organization (FAO) reports, fish stocks are decreasing due to overfishing in the world. It has been suggested that fisheries support is leading to overfishing and to the reduction of fish stocks. The purpose of this study is to analyze whether fisheries support causes overfishing and whether it is a problem for sustainable fish resources. In the Python program, a production model was estimated to analyze the relationship between fisheries production and fisheries support, the number of vessels and the number of fishermen in 37 countries between the years 2012 and 2017. According to the model, it was observed that the fisheries support, the number of vessels and the number of fishermen increase fish production, but there is not a high correlation between the variables. In order to remove the overfishing pressure on fish production, it is important to shift the fisheries support to the support types which are indirectly related with the fish output.

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