Map of the economic impact (EI) of the Pacific halibut commercial fishing

The estimates represent the deviation from the status quo. Details on the model development can be found in IPHC-2022-AM098-INF04 . App manual is available in IPHC-2021-ECON-04 . Last update on: January 11, 2022.

Note: Full area of the economic impact on the rest of Canada (CA-r) and the rest of the USA (US-r) not displayed. Transactions with the rest of the world (ROW) assumed exogenous, implying no economic impact outside Canada and the USA as a result of changes in Pacific halibut supply.

Economic impact (EI) of the Pacific halibut commercial fishing - full set of results

The estimates represent the deviation from the status quo. Details on the model development can be found in IPHC-2022-AM098-INF04 . App manual is available in IPHC-2021-ECON-04 . Last update on: January 11, 2022.

Note: NA - not applicable; (fl) - indicate economic impact related to forward-linked (FL) Pacific halibut processing. The FL output estimates are adjusted for processing value added only and do not include the fish buying cost. TOTAL (fl) is the estimate of the total economic impact, the sum of the direct, indirect, and induced effects from changes to the Pacific halibut fishing sector, as well as direct, indirect and induced effects associated with the forward-linked industries (Pacific halibut processing sector). Transactions with the rest of the world (ROW) assumed exogenous, implying no economic impact outside Canada and the USA as a result of changes in Pacific halibut supply.

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Economic impact of Pacific halibut recreational fishing

The table displays results for the recreational sector in comparison with estimates for the commercial sector

Note: Charter estimates include only the economic impact generated through businesses offering charter trips, i.e., it excludes the impact of angler expenditures other than charter fees. Charter sector impact per 1 lb of removals was based on EI on households for Alaska where removals estimates are clearly divided between guided and unguided sectors. Recreational fishing EI estimates include also the EI associated with marine angler expenditures on fishing trips (travel, lodging, other trip-related expenses) and durable goods (rods, tackle, boat purchase, other fishing equipment and accessories, second home, or additional vehicle purchase). Estimates for the recreational sector are based on the assumption that the economic impact of Pacific halibut recreational fishing is equivalent to estimating the total economic loss resulting from the saltwater charter sector shrinking by the share of Pacific halibut charter effort in the total effort in each region, and decrease in expenditures on fishing trips and durable goods proportional to share of recreational effort dependent on Pacific halibut. Estimates are based on constant prices. Adoption of demand-adjusted prices is pending (see IPHC 5-year Program of Integrated Research and Monitoring (2021-2026) IPHC-2021-IM097-12 ). The results for the recreational sector should be interpreted cautiously because of the uncertainty on how much of the saltwater angling effort directly depends on Pacific halibut. See details in IPHC-2022-AM098-INF04 .

Recreational sector estimates are available for 2018-2020

Community impacts in Alaska

The map displays estimated direct household earnings [in mil. USD] supported by Pacific halibut commercial fishing. The estimates assume adjustments for each value added component proportional to status quo values. Details on the latest model update can be found in IPHC-2022-AM098-INF04 . App manual is available in IPHC-2021-ECON-04 .

Note: Outputs in 1000lbs of Pacific halibut (net weight); includes only directed commercial catch under IFQ and CDQ management program. Map of theIPHC regulatory areas is available on the IPHC website .

Note: Map excludes economic impact of harvest in Alaska occurring elsewhere. See more details in IPHC-2022-AM098-INF04 .

Community impact estimates are available for 2018-2020

Total Pacific halibut economic impact

Pacific halibut economic impact in terms of output

Figure depicts the economic impact of Pacific halibut commercial and recreational fishing in terms of output. The figure distinguishes between the impact by fishery (i.e., by region where the fishing activity occurs, bars with '-fishery' suffix) and impact by region (i.e., by region where the impact is realized; bars with '-region' suffix). The figure omits the impact on the ROW (marginal). The following components are specified:
a. Commercial sector - direct : includes direct output of the Pacific halibut commercial fishing sector, which is equivalent to the landing value or value of sales by Pacific halibut directed commercial fisheries. This component is equal in the 'by fishery' and 'by region' EI estimate.
b. Processing sector - direct : includes direct output of the Pacific halibut processing sector (wholesale value) adjusted to include only the wholesale mark-up. This means that the estimate does not include the fish buying cost, avoiding this way double counting the landing value of the Pacific halibut commercial sector in the EI estimate. This component is equal in the 'by fishery' and 'by region' EI estimate.
c. Commercial sector - indirect** - locally : includes combined indirect and induced impact resulting from changes in business-to-business transactions and personal income caused by Pacific halibut commercial and processing sector. This component includes only EI resulting from fishing activity in the specified region occurring locally (i.e., in the same region). This component is equal in the 'by fishery' and 'by region' EI estimate.
d. Commercial sector - indirect** - elsewhere : as above, but includes EI resulting from fishing activity in the specified region occurring elsewhere (i.e., in the regions other than the fishing area specified; '-fishery' bars), and EI resulting from fishing activity elsewhere occurring in the specified region ('-region' bars).
e. Recreational (charter) sector - direct : includes value of direct sales by businesses offering services in the form of guided Pacific halibut recreational (sport) fishing (charter boats, fly-in loges, package deals, etc.). The estimate intends to capture the share of output by the sport fishing sector that depends on the Pacific halibut resource availability, i.e., it is adjusted for mixed target species offers. This component is equal in the 'by fishery' and 'by region' EI estimate.
f. Recreational (charter) sector - indirect - locally : includes combined indirect and induced impact resulting from changes in business-to-business transactions and personal income caused by the Pacific halibut charter sector. This component includes only EI resulting from fishing activity in the specified region occurring locally (i.e., in the same region). This component is equal in the 'by fishery' and 'by region' EI estimate.
g. Recreational (charter) sector - indirect - elsewhere : as above, but includes EI resulting from fishing activity in the specified region occurring elsewhere (i.e., in the regions other than the fishing area specified; '-fishery' bars), and EI resulting from fishing activity elsewhere occurring in the specified region ('-region' bars).
h. Rec. sector - trip exp. - locally : includes an estimate of the economic contribution of marine angler trip expenditures (travel, lodging, other trip-related expenses) that is realized locally, i.e., within the region where the fishing activity is occurring, and can be attributed to Pacific halibut fishing opportunities. This component is equal in the 'by fishery' and 'by region' EI estimate.
i. Rec. sector - trip exp. - elsewhere : includes an estimate of the economic impact of marine angler trip expenditures (share attributed to Pacific halibut) that is realized elsewhere ('-fishery' bars) or realized within the indicated region as a result of fishing activity elsewhere ('-region' bars).
j. Rec. sector - durables - locally : includes an estimate of the economic contribution of marine angler expenditures on durable goods (rods, tackle, bout purchase, other fishing equipment and accessories, second home, or additional vehicle purchase) that is occurring locally, i.e., within the region where the fishing activity is occurring, and can be attributed to Pacific halibut fishing opportunities. This component is equal in the 'by fishery' and 'by region' EI estimate.
k. Rec. sector - durables - elsewhere : includes an estimate of the economic impact of marine angler expenditures on durable goods (share attributed to Pacific halibut) that is realized elsewhere ('-fishery' bars) or realized within the indicated region as a result of fishing activity elsewhere ('-region' bars).

Note that you can eliminate components by clicking on them on the legend for a closer look at the components of interest. You can click 'Compare data on hover' in the top right corner to display all highlighted components. The application also allows zooming into any specific area of the plot for a more detailed look.

* adjusted to the wholesale mark-up and does not include fish buying cost; **commercial indirect impact includes processing.

Pacific halibut impact on household earnings and income

Figure 2 depicts the impact of Pacific halibut commercial and recreational fishing on household earnings and income. Earnings estimates (bars with '-earnings' suffix) summarize economic impact in terms of employee compensation and proprietors' income by place of work (i.e., where the fishing activity occurs). Income estimates (bars with '-income' suffix) reflect earnings after adjustments for cross-regional flows, i.e., provide estimates by the place of residence of workers, business owners, or owners of production factors (i.e., quota or permit owners). The figure omits the impact on the ROW (marginal). The following components are specified:
a. Commercial sector - direct : includes earnings and income directly attributable to the Pacific halibut commercial fishing sector within the indicated region.
b. Commercial sector - direct - investors : indicates the share of the income described in a. that is retained in the region, but flows from the fishing sector to investors. This component captures the value of the leased quota paid to non-fishing stakeholders.
c. Processing sector - direct : includes earnings and income directly attributable to the Pacific halibut processing sector within the indicated region.
d. Commercial sector - indirect** - locally : includes combined indirect and induced impact on earnings and income resulting from changes in business-to-business transactions and personal income caused by Pacific halibut commercial and processing sector. This component includes only EI resulting from fishing activity in the specified region occurring locally (i.e., in the same region).
e. Commercial sector - indirect** - elsewhere : as above, but includes impact on earnings resulting from fishing activity in the specified region occurring elsewhere ('-earnings' bars), and impact on income resulting from fishing activity elsewhere realized in the specified region ('-income' bars).
f. Recreational (charter) sector - direct : includes earnings and income directly attributable to businesses offering Pacific halibut sport fishing within the indicated region.
g. Recreational (charter) sector - indirect - locally : includes combined indirect and induced impact on earnings and income resulting from changes in business-to-business transactions and personal income caused by the Pacific halibut charter sector. This component includes only EI resulting from fishing activity in the specified region occurring locally (i.e., in the same region).
h. Recreational (charter) sector - indirect - elsewhere : as above, but includes impact on earnings resulting from fishing activity in the specified region occurring elsewhere ('-earnings bars), and impact on income resulting from fishing activity elsewhere realized in the specified region ('-region' bars).
i. P. halibut sectors (combined) spillovers : include income attributable to Pacific halibut sectors (commercial fishing, processing, sport fishing) that leaks from the region where the activity occurs as a result of cross-regional flows.
j. Rec. sector - trip exp. - locally : includes an estimate of the economic contribution of Pacific halibut-dependent angler trip expenditures on earnings and income that is realized locally, i.e., within the region where the fishing activity is occurring.
k. Rec. sector - trip exp. - elsewhere : includes an estimate of the economic contribution of Pacific halibut-dependent angler trip expenditures to earnings elsewhere ('-earnings' bars) or income within the indicated region realized as a result of fishing activity elsewhere ('-income' bars).
l. Rec. sector - durables - locally : includes an estimate of the economic contribution of Pacific halibut-dependent angler expenditures on durable goods on earnings and income that is realized locally, i.e., within the region where the fishing activity is occurring.
m. Rec. sector - durables - elsewhere : includes an estimate of the economic contribution of Pacific halibut-dependent angler expenditures on durable goods to earnings elsewhere ('-earnings' bars) or income within the indicated region realized as a result of fishing activity elsewhere ('-income' bars).

Note that you can eliminate components by clicking on them on the legend for a closer look at the components of interest. You can click 'Compare data on hover' in the top right corner to display all highlighted components. The application also allows zooming into any specific area of the plot for a more detailed look.

* commercial indirect effects include processing

The full set of estimates is available for 2018-2020