Improving the economic performance of fisheries is becoming increasingly important in fisheries management, and in some cases, maximum economic yield (MEY) is set as a key management target. However, associated with MEY is a level of fishing activity that is lower than would otherwise occur, even in fisheries managed to achieve the maximum sustainable yield. This will result in losses in economic activity elsewhere in the economy, potentially resulting in a net loss to society in the short to medium term. In this paper, an input-output framework is used to estimate the net economic impact of achieving MEY in Australian fisheries. While incomes are reduced in other sectors of the economy, the net impact of achieving MEY in fisheries is dependent on how... |