Environmental and Resource Economics

, Volume 73, Issue 2, pp 697–716 | Cite as

Trading Off Tourism for Fisheries

  • Bui Bich XuanEmail author
  • Claire W. Armstrong


This paper presents a deterministic bioeconomic model in which the creation of a marine protected area (MPA) is not only a fisheries management tool but also introduced in order to provide tourism amenity benefits. The theoretical model is illustrated with analysis of the Nha Trang Bay (NTB) MPA in Khanh Hoa province in Vietnam, where the anchovy purse seine fishery is considered. An amenity value function of the NTB MPA is estimated from a discrete choice experiment among national tourists. A weighting parameter is added to the bioeconomic model to allow the establishment of a tradeoff between management preferences regarding the two sectors affected by the MPA, fisheries and tourism. Both the theoretical models and the empirical application show how the added amenity values affect optimal fishing practices as well as the identification of the optimal MPA size. Our applied analysis shows that contrary to the argument in most MPA studies with multiple stakeholders, the current management practice in Khanh Hoa prioritizes the fisheries sector heavily compared to tourism, despite high economic cost.


Bioeconomic model Management Marine protected area Fishery Tourism 



We would like to thank Ola Flaaten, Ngoc Quach Thi Khanh for their valuable comments on previous versions of the paper. Thanks to Erlend Dancke Sandorf and Margrethe Aanesen also, for their collaboration. Funding from the Norwegian Agency for Development Cooperation (NORAD) is acknowledged.


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Copyright information

© Springer Nature B.V. 2018
corrected publication October 2018

Authors and Affiliations

  1. 1.Economic FacultyNha Trang UniversityNha TrangVietnam
  2. 2.Norwegian College of Fishery ScienceUiT The Arctic University of NorwayTromsøNorway

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