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Price volatility in fish food systems

Spatial Arbitrage as an Adaptive Strategy for Small-Scale Fish Traders

Bibliographic Data

ID4240632
AuthorsEmma Rice (0000-0001-8812-2368), Abigail Bennett (0000-0001-9356-8014), Martin D Smith (0000-0002-4714-463X), Martin Smith (0000-0002-0465-4760), Lenis Saweda Liverpool-Tasie, Lenis Saweda O Liverpool-Tasie (0000-0002-2990-5888), Samson Katengeza, Samson P Katengeza (0000-0002-2429-9217), Dana Infante, Dana M Infante (0000-0003-1385-1587), David Tschirley (0000-0002-7552-0719)
Year2024
Volume29
Issue2
Publication date2024-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueConservation Ecology (JOURNAL)
Journal identifiersISSN: 1195-5449 • E-ISSN: 1708-3087
PublisherResilience Alliance (PUBLISHER • CA)
DOI10.5751/es-15076-290213
OpenAlexW4399124924
LanguageEN
References cited25

Anthropogenic stressors such as land-use change, habitat degradation, and climate change stress inland fish populations globally. Such ecological disturbances can affect actors throughout the social-ecological system by contributing to uncertainty in landings, landing prices, and coastal incomes. Most literature to date on the resilience of the fishing sector has focused on fishing (production), fisheries management, and the livelihoods of fishers, whereas little attention has been paid to the post-harvest sector and the livelihoods of fish processors, logistics providers, wholesalers, and retailers. In the empirical case of the small-scale usipa ( Engraulicypris sardella ) trade in Malawi, we investigated the impacts of price volatility, a form of uncertainty, on small-scale fish retailers’ livelihood outcomes. By concentrating on fish retailers in the downstream region of the value chain, we provide new insight into how small-scale fisheries actors in the broader fish food system experience and adapt to uncertainty. We find that price volatility negatively impacts net income for retailers, and that an important adaptive strategy is spatial arbitrage. However, gender dynamics and access to capital limit retailers’ ability to employ the spatial arbitrage adaptive strategy

Arbitrage · Biology · Business · Economics · Financial economics · Fish · Fish stock · Fishery · Geography · Marine and fisheries research

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