A welfare study into capture fisheries in cirata reservoir: a bio-economic model

Capture fishery in inland such as reservoirs can be a source of food security and even the economy and public welfare of the surrounding community. This research was conducted on Cirata reservoir fishery in West Java, to see how far reservoir capture fishery can contribute economically in the form of resource rents. The method used is the bioeconomic model Copes, which can analyze the demand and supply functions to calculate the optimization of stakeholders' welfare in various management regimes. The results showed that the management of capture fishery using Maximum Economic Yield regime (MEY) gave the most efficient result, where fewer inputs would produce maximum profit. In the MEY management, the producer surplus obtained is IDR 2,610.203.099, - per quarter and IDR 273.885.400,- of consumer surplus per quarter. Furthermore, researches showed that sustainable management regime policy MEY result in the government rent/surplus ofIDR 217.891,345, - per quarter with the average price of fish per kg being IDR 13.929. In open access fishery, it was shown that the producer surplus becomesIDR 0. Thus the implementation of the MEY-based instrument policy becomes a necessity for Cirata reservoir capture fishery.