Fishery Resources Sustainability Assessment Model

Abstract

The aim of this study is to build a model of the fishing market, which can be used to assess the sustainability of fishery resources through the resulting indicators. The model uses four equations that make up the system of simultaneous equations, the demand side and the supply side. Sustainability indicators assessed from the interplay of endogenous variables and lagged endogenous variable. The model was applied to the unique fisheries of Aceh, which consists of two areas of marine ecosystems; therefore, it is necessary to include abundance of market variables and also consider the possibility of market imbalance. The results of model estimation indicate that the Malacca Strait fishery areas have experienced excessive exploitation Fisheries resources and begin to interfere with the growth of the stock. Moreover, the result of the study also illustrated the declining the number of stocks, while the utilization in the Indian Ocean are around the Maximum Sustainable Yield.

Keywords: Sustainable, capture fisheries.