• IMAS Metadata Catalogue
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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

Institute for Marine and Antarctic Studies (IMAS), University of Tasmania (UTAS) - Ogier, Emily
ORCID ID >

Collaborator

Institute for Marine and Antarctic Studies (IMAS), University of Tasmania (UTAS) - Spanou, Elisavet
ORCID ID >

Status
On going

Principal investigator Point of contact

Institute for Marine and Antarctic Studies (IMAS), University of Tasmania (UTAS) - Rust, Steven
ORCID ID >

Institute for Marine and Antarctic Studies (IMAS), University of Tasmania (UTAS) - Ogier, Emily
ORCID ID >

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
AODN Geographic Extents Vocabulary
  • States, Territories (Australia) | States, Territories (Australia) | Tasmania
Australian and New Zealand Standard Research Classification (ANZSRC): Fields of Research
  • Fisheries Management
  • Environment and Resource Economics

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

OnLine resource
DATA ACCESS - Tas Fisheries & Aquaculture Economic Contributions [direct download]

OnLine resource
PUBLICATION - Tasmanian Fisheries and Aquaculture Industry 2020/21: Economic Contributions Technical Report (Dec 2023)

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
Institute for Marine and Antarctic Studies (IMAS) website >

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


Keywords

Category Effect type Employment (FTE) Employment (total) Employment FTE Financial year Fishery/Farm Gross Regional Product Gross Value Added Gross Value Added (GVA) Household Income Household income Order Output Sector Top 10 order Workforce Size
Australian and New Zealand Standard Research Classification (ANZSRC): Fields of Research
Environment and Resource Economics Fisheries Management
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 | ECONOMIC RESOURCES EARTH SCIENCE | HUMAN DIMENSIONS | ECONOMIC RESOURCES | AQUACULTURE PRODUCTION EARTH SCIENCE | HUMAN DIMENSIONS | SOCIOECONOMICS

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