IMAS Metadata Catalogue
Tasmanian Fisheries and Aquaculture Industry Economic Contributions
This data presents the economic contribution of six key fisheries and aquaculture production sectors to the Tasmanian economy. These six fisheries and aquaculture sectors are:
- Tasmanian Rock Lobster Fishery;
- Tasmanian Abalone Fishery;
- Tasmanian Scalefish Fishery;
- Tasmanian Salmonid Aquaculture;
- Tasmanian Pacific Oyster Aquaculture; and
- Tasmanian Abalone Aquaculture.
The economic contribution of these fisheries and aquaculture sectors are measured through the following indicators:
- Gross Value Added (GVA)
- Contribution to Household Income
- Number of persons employed
- Contribution to the total full-time equivalent (FTE) workforce
The work was undertaken by the Institute for Marine and Antarctic Studies at the University of Tasmania in collaboration with BDO and builds on the foundations and approach set out in 2017/18 National Fisheries and Aquaculture Industry Contributions Study (FRDC 2017-210). To generate the values for the indicators listed above, the framework recommended in Australian Fisheries and Aquaculture Industry: Economic Contributions Estimates - Practitioner Guidelines 2019 (IMAS 2020) was applied. For the analysis in this report, the contribution of immediate processing or farm gate retail activity is not included. The estimates are based on the best available information at the time of writing and apply input-output modelling (developed by BDO) that uses the economic profiles and conversion to basic prices as provided by IMAS.
The study was conducted to contribute to the measuring and monitoring of the contribution of Tasmania’s seafood production activities to the economic prosperity and wellbeing of Tasmanians. Understanding the economic contribution of the seafood processing sector is a significant area for further research in advancing our knowledge of the economy broadly associated with fishing and aquaculture in Tasmania.
Simple
Identification info
- Date (Publication)
- 2024-05-13T00:00:00
- Citation identifier
-
doi:10.25959/MF6W-GV36
- Title
- Information and documentation - Digital object identifier system
- Date (Publication)
- 2024-05-14
- Citation identifier
- ISO 26324:2012
- Citation identifier
- https://doi.org/10.25959/MF6W-GV36
Resource provider
Institute for Marine and Antarctic Studies (IMAS), University of Tasmania (UTAS)
Private Bag 129
Hobart
Tasmania
7001
Australia
Collaborator
Collaborator
- Status
- On going
Principal investigator Point of contact
- Topic category
-
- Oceans
Extent
N
S
E
W
))
Temporal extent
- Time period
- 2018-01-01
- Maintenance and update frequency
- Annually
- Keywords (Theme)
-
- Gross Value Added (GVA)
- Household Income
- Workforce Size
- Employment FTE
- Order
- Fishery/Farm
- Financial year
- Effect type
- Category
- Top 10 order
- Sector
- Output
- Gross Regional Product
- Gross Value Added
- Household income
- Employment (FTE)
- Employment (total)
- Keywords (Taxon)
-
- Rock lobster
- Abalone
- Scalefish
- Salmonid
- Pacific oyster
- Global Change Master Directory Earth Science Keywords, Version 8.5
-
- EARTH SCIENCE | AGRICULTURE | AGRICULTURAL AQUATIC SCIENCES | AQUACULTURE
- EARTH SCIENCE | AGRICULTURE | AGRICULTURAL AQUATIC SCIENCES | FISHERIES
- EARTH SCIENCE | HUMAN DIMENSIONS | SOCIOECONOMICS
- EARTH SCIENCE | HUMAN DIMENSIONS | ECONOMIC RESOURCES
- EARTH SCIENCE | HUMAN DIMENSIONS | ECONOMIC RESOURCES | AQUACULTURE PRODUCTION
Resource constraints
- Use limitation
- Data, products and services from IMAS are provided "as is" without any warranty as to fitness for a particular purpose.
Resource constraints
- Other constraints
- This dataset is the intellectual property of the University of Tasmania (UTAS) through the Institute for Marine and Antarctic Studies (IMAS).
Resource constraints
- Linkage
-
https://licensebuttons.net/l/by/4.0/88x31.png
License Graphic
- Title
- Creative Commons Attribution 4.0 International License
- Alternate title
- CC-BY
- Edition
- 4.0
- Website
-
https://creativecommons.org/licenses/by/4.0/
License Text
- Other constraints
- Cite data as: Ogier, E., Rust, S., & Spanou, E. (2024). Tasmanian Fisheries and Aquaculture Industry Economic Contributions [Data set]. Institute for Marine and Antarctic Studies. https://doi.org/10.25959/MF6W-GV36
- Language
- English
- Character encoding
- UTF8
- Supplemental Information
- Tasmanian Fisheries and Aquaculture Industry 2020/21: Economic Contributions Technical Report
Content Information
- Content type
- Physical measurement
Identifier
- Code
- Order
- Name
- Order
- Name
- Number
Identifier
- Code
- Fishery/Farm
- Name
- Fishery/Farm
- Name
- Text value
Identifier
- Code
- Financial year
- Name
- Financial year
- Name
- Year
Identifier
- Code
- Effect type
- Name
- Effect type
- Name
- Text value
Identifier
- Code
- Category
- Name
- Text value
Identifier
- Code
- Top 10 order
- Name
- Number, where applicable
Identifier
- Code
- Sector
- Name
- Text value
Identifier
- Code
- Output
- Name
- Output ($m)
- Name
- $ million
Identifier
- Code
- Gross Regional Product
- Name
- GRP ($m)
- Name
- $ million
Identifier
- Code
- Gross Value Added
- Name
- GVA ($m)
- Name
- $ million
Identifier
- Code
- Household income
- Name
- Household income ($m)
- Name
- $ million
Identifier
- Code
- Employment (FTE)
- Name
- Number
Identifier
- Code
- Employment (total)
- Name
- Number
Distribution Information
- Distribution format
-
- Microsoft Excel
Resource lineage
- Statement
- 1. Dataset variables 1.1. Output ($m) Output measures the gross revenue from goods and services produced by commercial organisations (e.g., landed value of rock lobster). Output must be used with care as it includes elements of double counting (for e.g., the value of pacific oysters produced in one year may include the output of spat from a previous year). 1.2. Gross Value Added – GVA ($m) Gross Value Added (GVA): GVA represents the value of all goods and services produced in an industry, minus the cost of all inputs and raw materials used to produce those goods or services. It also represents the total household income and gross operating surplus generated by the industry over a time-period. In this report GVA provides a basis for measuring the net contribution of a fishing or aquaculture industry to the Tasmanian economy. GVA is easier to estimate than gross product at the industry level because it excludes the value of net taxes (taxes minus subsidies). Net taxes are hard to estimate at this level because money that is levied on buying or selling specific products (e.g., fuel excise, stamp duties, luxury car tax, etc.) is difficult to allocate between the buyers and sellers of those products. For example, when a tax is levied on the seller of a product, that firm may increase the price of their production outputs and thereby ‘pass through’ a part of the tax to buyers. These proportions are difficult to estimate at small scales. The National Accounts report GVA, but do not report GDP, at the industry level (in part due to this difficulty). 1.3. Household income ($m) Household income is a measure of wages and salaries paid in cash and in kind, drawings by owner operators and other payments to labour including overtime payments, employer’s superannuation contributions and income tax, but excluding payroll tax. Household income provides a measure of the wages and salaries associated with the employment contribution of a fishing or aquaculture industry. 1.4. Employment (FTE and total) Employment is a measure of the number of working proprietors, managers, directors, and other employees, in terms of the number of jobs (employment – total) and the number of full-time equivalent (FTE) jobs (employment – FTE). For this study we consider 1 FTE as being equivalent to 37.5 hours of work per week. The Employment (total) variable is present in other datasets, and is also referred to as Workforce Size, Persons, or Number of people employed. 2. Estimating variable values The direct industry output, GVA, number of employed persons, and household income are estimated from primary data collected from Tasmanian fishery and aquaculture industries and from records maintained by NRE Tas. Where primary data was not available for an industry, economic profiles were developed using published secondary sources and expert opinion. Published sources were combined with NRE Tas records for estimating FTE employment in the case of all fishery and aquaculture sectors. In all cases, direct GVA is the sum of direct household income plus gross operating surplus. Direct household income was estimated as wages and salaries paid in-cash and in-kind, drawings by owner operators and other payments to labour including overtime payments, employer’s superannuation contributions and income tax, but excluding payroll tax. Gross operating surplus was estimated as the value of output less the cost of goods and services (including imports) used in producing the output (the cost of production). The data that are used to estimate the economic profile for each fishery and aquaculture sector were collected from primary sources (databases and surveys) and published sources, where appropriate, for the individual fisheries and aquaculture sectors. The data includes wild catch/farm production, product prices, cost of production, licence fees, and employment (i.e., total persons and FTE). Wherever possible, the same data sources have been used in estimating an industry’s total revenue as used in estimating its total production costs, so that both components of each economic profile will be on a consistent basis. Employment data (total number of persons) for individual fishery and aquaculture sectors was sourced from the NRE Tas FILMS database and aquaculture data maintained by the department. Total employment describes the number of people directly involved in the fishery or aquaculture production sector. In all cases, the estimate of FTE employment has been derived from secondary sources in combination with primary data for total number of employed persons. 2.3. Direct and flow-on contributions Estimates of economic contribution for GVA, employment, and household income are presented in this report in terms of: • direct contribution; • flow-on (or indirect) contribution; and • total contribution. Direct contribution measures the initial effects (GVA, employment, and household income) that are generated by a fishery or aquaculture sector within the Tasmanian economy for 2020/21. This includes spending on wages (to employees, and business owners) and the purchase of fishing or production inputs. The total direct effect is the sum of all the initial effects of a fishing or aquaculture production activity on the Tasmanian economy for the 2020/21 year. Flow-on (or indirect) contribution occurs due to the re-spending by households (consumption induced indirect effects) or re-spending of business (production induced indirect effects) following receipt of the direct spending of the industry. Production-induced effects are additional GVA, employment, and household income resulting from re-spending by firms (e.g., boat maintenance contractors, fish feed suppliers) that receive payments from goods or services provided to a fishing or aquaculture industry. Consumption-induced effects are additional GVA, employment, and household income that results from re-spending by households that receive income from employment in activities that are either directly or indirectly associated with an industry. The total indirect effect is the sum of the consumption and production induced components. In the dataset, flow-on effects are presented by component (production-induced and consumption-induced), and then by top 10 flow-on sectors. The total contribution is the sum of direct and flow-on (indirect) contribution for a fishery or aquaculture sector.
- Hierarchy level
- Dataset
- Hierarchy level
- Dataset
Metadata
- Metadata identifier
- urn:uuid/9cfbe302-17c2-4a27-95d5-837e73f5c5cd
- Language
- English
- Character encoding
- UTF8
Distributor
IMAS Data Manager - Data Officer
Institute for Marine and Antarctic Studies
Private Bag 129
Hobart
Tasmania
7001
Australia
Type of resource
- Resource scope
- Dataset
- Name
- IMAS Dataset level record
- Metadata linkage
-
https://metadata.imas.utas.edu.au/geonetwork/srv/eng/catalog.search#/metadata/9cfbe302-17c2-4a27-95d5-837e73f5c5cd
Point of truth URL of this metadata record
- Date info (Creation)
- 2024-05-08T00:00:00
- Date info (Revision)
- 2024-08-30T14:36:16
Metadata standard
- Title
- ISO 19115-3:2018
Overviews
Spatial extent
N
S
E
W
Provided by
Associated resources
Not available