An economic evaluation of recreational fishing in Tango Bay, Japan

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ORIGINAL ARTICLE Social Science

An economic evaluation of recreational fishing in Tango Bay, Japan Yuki Terashima1 · Yoh Yamashita2 · Kota Asano3 Received: 21 January 2020 / Accepted: 18 July 2020 / Published online: 25 August 2020 © Japanese Society of Fisheries Science 2020

Abstract Although recreational fishing is popular in Japan, few estimates have been made of its economic value to the country. This study aims to (1) evaluate the economic value of recreational fishing in Tango Bay, Kyoto Prefecture using the travel cost method (TCM); and (2) explore the development of related regional economies around Tango Bay. The TCM analysis showed that 150,000 anglers visit Tango Bay annually, and the estimated total annual travel cost and total annual consumer surplus of recreational fishing there are approximately JPY 3.8 billion and JPY 11.7 billion, respectively. The annual commercial fisheries production of Kyoto Prefecture in 2017 was JPY 3.0 billion. Thus, in Tango Bay, coastal fish resources not only have a direct use value as food, but also a large indirect value as targets for recreational fishing. The importance of recreational fishing relative to commercial fishing has increased in Japan similar to in other countries where it is popular. As many people enjoy recreational fishing in Japan, it is expected to have an impact on domestic fish resources. To address this, both commercial and recreational fishing should be included in fish resource management activities aimed at the development of related local economies in Japan. Keywords  Recreational fishing · Travel cost method · Consumer surplus · Fishery resource management

Introduction Recreational fishing, which includes leisure-related uses of coastal fish resources, is popular globally, as evidenced by the approximately 700 million anglers who engage in it (Cooke and Cowx 2004). Recreational fishing yields substantial profits globally (Dillon 2004; Montemajor and Electronic supplementary material  The online version of this article (https​://doi.org/10.1007/s1256​2-020-01453​-x) contains supplementary material, which is available to authorized users. * Yuki Terashima terashima.yuki.3s@kyoto‑u.ac.jp 1



Research and Educational Unit for Studies on Connectivity of Hills, Humans and Oceans, Kyoto University, Kitashirakawa Oiwake‑cho, Sakyo‑ku, Kyoto 606‑8502, Japan

2



Field Science Education and Research Center, Kyoto University, Kitashirakawa Oiwake‑cho, Sakyo‑ku, Kyoto 606‑8502, Japan

3

Graduate School of Human and Environmental Studies, Kyoto University, Yoshida‑Nihonmatsu‑cho, Sakyo‑ku, Kyoto 606‑8501, Japan



Sumaila 2010), and recreational fishing catches have surpassed commercial fishing catches in some regions (Catella 2006). Recreational fishing is widely considered an economically and ecologically important component of global fisheries (Pawson et al. 2008; Ihde et al. 2011). Thus, the involvement of stakeholders in the resource management of not only commercial fishing but also recreational fishing is considered necessary for the sustaina