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Bioeconomic Module Data Requirements
This page describes the data required to parameterise and apply the Economic Module, with emphasis on which inputs come from OSMOSE and which inputs must be provided externally.
For the equations where these quantities are used, see Bioeconomic Module Mathematical Formulation. For the list of parameters, see Bioeconomic Module Parameters. For the estimation workflow, see Bioeconomic Module Calibration.
The Economic Module links biological outputs from OSMOSE with economic information on prices, costs, profitability and consumer preferences.
The biological inputs describe the state of the simulated populations and the catches produced by the fishery. These inputs usually come from OSMOSE or are derived from OSMOSE outputs. The economic inputs describe market conditions, cost structures and demand assumptions. These inputs generally need to be provided from external data, literature values or user-defined assumptions.
The main data groups are:
- biological inputs from OSMOSE;
- fishery and harvest inputs from OSMOSE or from external data;
- selectivity or catchability inputs;
- economic observations;
- parameters taken from the literature or assumed;
- quantities calculated by the Economic Module.
OSMOSE provides the biological quantities needed to connect population dynamics with the economic formulation.
The main OSMOSE-derived inputs are:
| Data item | Symbol | Resolution | Notes |
|---|---|---|---|
| Species identity | Species | Defines the species represented in the economic module | |
| Size classes | Species and size class | Should match the biological size structure used by OSMOSE | |
| Time steps or years | Time | Economic data should be aligned with the OSMOSE temporal resolution or aggregated to years | |
| Population numbers | Species, size class and time | Number of individuals in each size class | |
| Individual weight | Species and size class | Used to convert numbers into biomass; should be expressed in kg | |
| Harvest or catch |
|
Species, size class and time | Can come from OSMOSE fishing outputs if fishing is simulated |
| Fishing mortality | Species, size class and time | Can be used when catchability is fitted to fishing mortality |
Depending on the OSMOSE outputs available, harvest may be provided as total harvest by species,
If only total harvest is available, the Economic Module can distribute harvest among size classes according to retainment and accessible biomass. If harvest by size class is already available from OSMOSE, it can be used directly.
Some quantities may not be direct OSMOSE outputs but can be derived from OSMOSE outputs before applying the Economic Module.
These include:
| Derived data item | Symbol | Derived from | Notes |
|---|---|---|---|
| Biomass by size class | Individual weight and population numbers | Used to calculate accessible biomass | |
| Accessible biomass | Population numbers, weights and catchability | Can be calculated by the Economic Module | |
| Harvest by size class | Total harvest and size-specific retainment | Can be calculated if not provided directly | |
| Revenue by species or size class | Prices and harvest by size class | Calculated once prices are provided |
Accessible biomass is the part of the population that could potentially be harvested. It is calculated from catchability, individual weights and population numbers.
The following inputs are not produced by OSMOSE and must be provided from observations, literature values, assumptions or calibration.
| Data item | Symbol | Resolution | Notes |
|---|---|---|---|
| Prices per kg | Species, size class and time | Used to estimate demand parameters and calculate revenue | |
| Profit margins | Species and time | Used to estimate cost parameters | |
| Cost information |
|
Species and time | Optional if profit margins are available |
| Consumer preferences for size classes | Species and size class | Estimated or assumed | |
| Consumer preferences for species | Species | Estimated or assumed | |
| Elasticity of substitution between sizes | Species | Usually taken from the literature or assumed | |
| Elasticity of substitution between species | Model or market level | Usually taken from the literature or assumed | |
| Elasticity of demand for fish | Model or market level | Estimated or assumed | |
| Weight of fish consumption in utility | Model or market level | Estimated from expenditure or assumed |
Prices should be provided by species, size class and time whenever possible. If prices are only available by species, additional assumptions are needed to distribute prices among size classes.
Profit margins are used in the estimation of the cost function parameters. If profit margin data are not available and the fishery has been operating at or close to open access conditions, the profit margin can be assumed to be zero.
The module requires catchability or retention by species, size class and time:
This is the proportion of individuals in a size class that are retained in the net. It needs to be between 0 and 1.
Catchability can be provided in different ways:
- directly, as
$q_{i,s,t}$ ; - through a selectivity function;
- through fishing mortalities;
- from OSMOSE fishing outputs, if available and compatible with the economic formulation.
Alternatively, one can fit the catchability to fishing mortalities:
where
If catchability is not provided by OSMOSE, it should be defined as an external fishing or gear assumption.
The Economic Module can be applied through different data pathways, depending on which biological and fishery outputs are available from OSMOSE.
Use this pathway when OSMOSE provides population numbers by species, size class and time, but accessible biomass has not been calculated.
Required inputs:
- population numbers from OSMOSE,
$N_{i,s,t}$ ; - individual weights,
$w_{i,s}$ ; - catchability or retention,
$q_{i,s,t}$ ; - total harvest,
$H_{i,t}$ .
The Economic Module uses these quantities to calculate accessible biomass,
Use this pathway when OSMOSE provides harvest by species, size class and time, and accessible biomass can be calculated from population numbers and catchability.
Required inputs:
- harvest by size class from OSMOSE,
$h_{i,s,t}$ ; - population numbers from OSMOSE,
$N_{i,s,t}$ ; - individual weights,
$w_{i,s}$ ; - catchability or retention,
$q_{i,s,t}$ .
The Economic Module uses harvest by size class directly and calculates accessible biomass if needed.
Use this pathway when catchability and population numbers are not available, but harvest and accessible biomass have already been calculated elsewhere.
Required inputs:
- harvest by size class,
$h_{i,s,t}$ ; - accessible biomass,
$B_{i,t}$ .
This pathway bypasses the need to calculate accessible biomass from OSMOSE population numbers and catchability.
Cost parameter estimation requires:
- catch or harvest;
- accessible biomass;
- profitability data.
The following parameters are estimated from these data:
- baseline costs,
$c_{i,0}$ ; - stock elasticity,
$\chi_i$ ; - time trend on fishing costs,
$\tau_i$ .
The biological and fishery inputs may come from OSMOSE, while profitability data must be provided externally.
For details, see Bioeconomic Module Calibration.
Demand parameter estimation requires:
- prices per kg,
$p_{i,s,t}$ ; - harvest by species, size class and time,
$h_{i,s,t}$ ; - assumed or literature-based substitution elasticities.
Harvest by species and size class can come from OSMOSE or be derived from OSMOSE outputs. Prices and elasticity assumptions are external economic inputs.
Species and size-class preferences are estimated using the inverse demand function, assuming market equilibrium.
The following parameters are estimated from these data:
- size-class preferences,
$\beta_{i,s}$ ; - species preferences,
$\alpha_i$ ; - the weight of fish consumption in total utility,
$\gamma$ ; - the elasticity of demand for fish,
$\eta$ .
The elasticities of substitution between size classes,
The following information is needed for a complete parameterisation.
| Data item | Symbol | Source | Resolution | Notes |
|---|---|---|---|---|
| Species identity | OSMOSE | Species | Must match the species represented in the economic module | |
| Size classes | OSMOSE | Species and size class | Must match OSMOSE size structure or an agreed aggregation | |
| Time steps or years | OSMOSE and external data | Time | Biological and economic data must be aligned | |
| Population numbers | OSMOSE | Species, size class and time | Used to calculate accessible biomass | |
| Individual weights | OSMOSE or derived | Species and size class | In kg | |
| Harvest by size class | OSMOSE or derived | Species, size class and time | Can be calculated or provided directly | |
| Total harvest | OSMOSE or external data | Species and time | Used when harvest by size class is not available | |
| Fishing mortality | OSMOSE or external data | Species, size class and time | Optional, used to fit catchability | |
| Catchability or retention | External or derived | Species, size class and time | Must be between 0 and 1 | |
| Accessible biomass | Calculated or external | Species and time | Can be calculated from OSMOSE outputs and catchability | |
| Prices per kg | External economic data | Species, size class and time | Used for revenue and demand estimation | |
| Profit margins | External economic data | Species and time | If unavailable, may be set to zero under open access assumptions |
The following information may be taken from the literature or assumed:
| Data item | Symbol | Notes |
|---|---|---|
| Elasticity of substitution between sizes | Higher values indicate easier substitutability between size classes | |
| Elasticity of substitution between species | Should be lower than |
|
| Open access profit margin assumption | Used when profit margins are unavailable and the fishery is close to open access | |
| Baseline cost trend assumptions | Can represent increasing fuel prices or technological advancement | |
| Consumer preferences for size classes | Estimated when data are available, otherwise assumed | |
| Consumer preferences for species | Estimated when data are available, otherwise assumed |
The data should be organised consistently across:
- species (
$i$ ); - size class (
$s$ ); - year or time step (
$t$ ).
The economic data should match the biological data used by OSMOSE or derived from OSMOSE outputs. In particular, species names, size classes, units and time steps should be harmonised before parameterisation.
If OSMOSE outputs are produced at a finer temporal resolution than the economic data, the biological and fishery outputs may need to be aggregated to the temporal resolution of the economic observations.
Common issues include:
- missing profit margin data;
- prices available by species but not by size class;
- harvest available as total catch but not by size class;
- catchability or retention not directly observed;
- mismatch between OSMOSE size classes and market size categories;
- mismatch between OSMOSE time steps and annual economic data;
- inconsistent biomass or weight units;
- missing or uncertain substitution elasticities.
When some of these data are unavailable, assumptions or simplified parameterisations may be needed. These assumptions should be documented clearly in the corresponding case study.