IIFET 2014 Australia Conference Proceedings INDONESIAN FISHERIES RESOURCE ACCOUNTING Zuzy Anna Faculty of Fisheries and Marine Science Padjadjaran University suzyanna18@gmail.com Akhmad Fauzi Faculty of Economic and Management Bogor Agricultural University fauziakhmad@gmail.com ABSTRACT Optimal and sustainable fisheries industry can only be achieved with proper planning through the implementation of appropriate management instruments as well. Fisheries resources accounting is one of the planning instruments, which should be used as a main reference of Fisheries Management Plan. In general, fisheries accounting provide insights for policy makers on how the flow of the stocks of fish and its relation to changes in the dynamic of natural and economic activity of fishing. The preparation of Indonesian Fisheries resource accounting is an effort to implement the recommendation of Agenda 21 UNCED, as formulated in the System of Integrated Environmental and Economic Accounting (SEEA). Besides, this is also a decree of Indonesian Law No. 32/2009 regarding the Management and Environmental protection. The paper discusses the fisheries account, both physical and monetary, for Pelagic and Demersal fish. The methods in use is the standard bio-economic modeling, using fox algorithm for parameter estimation, and resource accounting method of the System of National Accounts of FAO (2004), adapted to the data existing condition. The results of the analysis, include measurement of standing stocks (physical assets account), fishable biomass, depletion, as well as monetary account. Paper also provides suggestion for management, as well as policy recommendation. SUMMARY Sustainable development is the key word in fisheries management globally. Sustainability in the availability of stock, which has implications for the sustainability of the industry, is a necessity for the welfare of the whole business. The concept of sustainability is not just a concept on paper, but it is also a concept that needs to be implemented in real programs and activities. Fisheries conditions in both the global level and national level, have started worrying, characterized by increased overfishing in many waters around the world as a result of increasing fishing capacity is one of the important driving force for implementing sustainable fishing practices. In order to achieve the development of sustainable fisheries Indonesia, many management instruments has been implemented in Indonesia, such as biology-based management by using the Maximum Sustainable Yield (MSY), which concentrates on the production at a sustainable level. As far as the evaluation of its implementation, it is recognized that to date, operationally MSY instrument has not been implemented properly. Implementation restrictions basically have not done, because it has not been interpreted in a measurable inputs or outputs. Other policies are currently under measurement and analysis, is related to the input, the capacity utilization (CU). This policy will become a complement to the existing policy. At this time the mechanism is being sought in terms of the input restrictions for areas considered to have excess capacity. 1 IIFET 2014 Australia Conference Proceedings Sustainability of fisheries is not only characterized by fishing in the path below the MSY, and the composition of the input, which is also efficient (no over-capacity), but must also be followed by a flow equilibrium stock of fish resources, with regard to economic aspects. To find the flow of this fish stock resources, required an understanding of the balance of economic (economic accounts) of fish resources. By using a balance of fish resources, obtained a description and direction, on how the degree of extraction of fish resources, and relation to the monetary flow generated, (monetary accounts) dynamically. So far the calculation of the balance of the national economy on a macro scale, still based on the calculation of Gross Domestic Product (GDP), more emphasis on growth indicators alone, and do not give the real picture in terms of aspects of natural resource extraction. In terms of measurement indicators of development, has now developed a new paradigm involves measurements that are considered closer to the real conditions, namely system of economic and environmental accounting (SEEA), which was introduced by the United Nations since the early 2000s. This measurement has been widely applied to natural resources such as forestry, energy and mineral resources. For fish resources, the account has not widely developed. Indonesia has started making prototypes measurements of fish resources accounting in 2012, in the territory of the North Coast of Java fishery management (Anna and Fauzi, 2013). Various existing policies regarding fisheries, as mentioned earlier, require justification databases regarding the economic accounting of fish resources. Measurement of the economic accounting of fish resources has become crucial in conditions where fish resources are already depleted due to improper policies and lack of optimal management and supervision. Fisheries resources accounting can be used as a guide for sustainable fisheries policy. The objectives of the study are: a) Measuring balance sheet assets (physical assets account) stock of resources for economically important fish in Indonesia, b) Measure the fish resources that can be utilized (fishable biomass), c) Measuring monetary fisheries resource accounting of economic important fish resources in Indonesia. The output of this study is the measurability of the economic balance of Indonesia's fishery resources, as the data base for fisheries management that is responsible and sustainable. the scope of the analysis of the fish resources accounting in this study is limited to the measurement of economically important fish, namely large pelagic, small pelagic and demersal. The location of this study is the entire Regional Republic of Indonesia’s Fisheries Management Area. The methods of this study is standard bio-economic modeling, using fox algorithm for parameter estimation, and resource accounting method of the System of National Accounts of FAO (2004), adapted to the data existing condition. The account consist of physical and monetary accounts, based on the components of: Standing stock (fishable biomass), Actual production (the number of fish catch in a given year), Natural growth, (the number of fish that grow naturally through reproduction or so-called natural production surplus), Depletion (changes in production or the difference between the conditions of sustainable production with actual production), IUU (Illegal, Unregulated and Unreported) Fishing. In this study it is assumed to be 10% from the catch, and last but not least is other changes (changes to fish stocks caused by external and internal factors, not the result or IUU catches). Monetary account analysis is calculated by converting the physical balance of the rent calculation unit, ie the ratio of rents and production per year. Rents derived from the difference between total revenue and total cost. 2 IIFET 2014 Australia Conference Proceedings Data was obtain from secondary and primary sources as well as surveys in several Indonesia’s Fisheries Management Area, collected includes (but not limited to): Series of production per type of fish per fishing gear, series of trip, the number of labor in fisheries, report on illegal fishing, economic data on price and cost. This study can provide a detailed picture of the condition of the stock and fishery flows, which is an aggregate of all Regional Fisheries Management in Indonesia. Stocks and flows which can be determined quantitatively from Indonesia's fish resources accounting, is the beginning of standing stock and its revisions throughout the year including the production, growth, depletion, externalities due to Illegal, Unreported and Unregulated Fishing (IUU), other changes, as well as the standing stock at the end of the year. From the study also reveal that the overall condition of the stock of fish resources is still in surplus condition, but the annual trend of these stocks conditions are vary. On the estimating future trends of Indonesian fish resources physical account to 2017, data analysis of Demersal fish resources indicate a trend of increasing production up to 2017. While the stock has decreased from 2012 to 2017. For large Pelagic fish, production trend will continue to rise, while standing stock decreased until 2017. For small Pelagic fish, the relative trend of stock conditions tended to decrease, while production tends to increase. Considering the Indonesian fisheries resource accounting, some policy implications that are necessary for the sustainability of Indonesian fisheries, are: Management to stabilize the stock to remain in a state of surplus, still required, either in the form of license restrictions that are tailored with the standing stock of existing conditions, using an agreed management regime. In the state of fish resources that still surpluses, there is still room for the utilization development of fish resources of Indonesia both for Demersal fish, Large Pelagic fish, and small Pelagic, for domestic investors. Development of these uses, should be strictly regulated in the form of calculations the exact scale input, which is calculated from the amount of effort that is still possible for the conditions of existing stock, by transforming effort, to the number of boats and fishing gear according to its capacity References Anderson, L.G. 1977. The Economics of Fisheries Management. 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