The following example (modified from FAO, 1999. FAO Technical Guidelines for Responsible Fisheries Development and Use of Indicators for Sustainable Development of Marine Capture Fisheries, In press) illustrates with an example from the economic dimension of fisheries, the meaning and hierarchy of key terms used in this document.
Dimension: |
Economic |
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Objective: |
Economic efficiency |
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Criteria: |
Capital productivity |
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Indicator: |
Financial net return/capitalized value |
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Data type: |
Total value of landings |
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Total operation costs |
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Taxes and subsidies |
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Capitalized value |
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Variables: |
Investment |
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Vessel replacement value |
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Depreciation rate |
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Inflation index |
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DATA SOURCES: |
Banks |
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Administrations |
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Treasury |
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Industry |
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Boatbuilders |
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names of boatbuilders |
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address |
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vessel size etc. |
SCALE: |
Fishery |
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Fleet segment (e.g., trawlers) |
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Limit reference point: |
Capital productivity at the bio-economic equilibrium point
under open access = 0 |
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Target reference point: |
Capital productivity set by policy - possibly at MEY
level |