TY - JOUR

T1 - Does fishery activity affect local tourism? Evidence from Denmark

AU - Nielsen, Max

AU - Andersson, Anna

AU - Nielsen, Rasmus

AU - Blomquist, Johan

AU - Waldo, Staffan

N1 - Publisher Copyright: © 2024 Elsevier Ltd

PY - 2024

Y1 - 2024

N2 - Fishery and tourism coexist in many harbors. Active fishing vessels may attract tourists, which may also provide income to hotels and restaurants. This paper analyzes whether fisheries affect tourism by investigating the effect of the presence of active vessels on overnight stays in coastal areas of Denmark. The analysis is based on monthly panel data from 2016 to 2021 divided into postal code areas. Estimating a double logarithmic model accounting for fixed effects, it is found that when the number of fishing vessels belonging to a harbor in a postal code area increases by 1%, overnight stays in the same area increase by 0.11%, and when the number of fishing vessels landing in an area increases by 1%, overnight stays increase by 0.08%. Our results suggest that tourism is significantly positively affected by having active fishing vessels landing in local harbors. This implies that by considering the interactive effects of fisheries and tourism when designing fisheries policy, society might attain economic gains, potentially resulting in a larger fleet than what would be optimal solely from a fisheries perspective.

AB - Fishery and tourism coexist in many harbors. Active fishing vessels may attract tourists, which may also provide income to hotels and restaurants. This paper analyzes whether fisheries affect tourism by investigating the effect of the presence of active vessels on overnight stays in coastal areas of Denmark. The analysis is based on monthly panel data from 2016 to 2021 divided into postal code areas. Estimating a double logarithmic model accounting for fixed effects, it is found that when the number of fishing vessels belonging to a harbor in a postal code area increases by 1%, overnight stays in the same area increase by 0.11%, and when the number of fishing vessels landing in an area increases by 1%, overnight stays increase by 0.08%. Our results suggest that tourism is significantly positively affected by having active fishing vessels landing in local harbors. This implies that by considering the interactive effects of fisheries and tourism when designing fisheries policy, society might attain economic gains, potentially resulting in a larger fleet than what would be optimal solely from a fisheries perspective.

KW - Active harbors

KW - Coexistence

KW - Cooperative solution

KW - Fishery

KW - Fixed-effect model

KW - Game theory

KW - Tourism

U2 - 10.1016/j.marpol.2024.106051

DO - 10.1016/j.marpol.2024.106051

M3 - Journal article

AN - SCOPUS:85184880513

VL - 161

JO - Marine Policy

JF - Marine Policy

SN - 0308-597X

M1 - 106051

ER -