Economic impacts of climate change on two Mexican coastal fisheries: Implications for food security

This paper has a twofold objective: First, to estimate the changes in landings value by 2030 for two Mexican coastal fisheries, specifically shrimp and sardine fisheries, as a consequence of climate change; and second, to discuss the implications of such impacts for food security. A dynamic panel model was used for the Mexican fisheries sector, with data from 1990 through 2009. The results suggest that shrimp production will be negatively affected, while in contrast, the sardine fishery is expected to benefit from the increase in temperature. Most losses/gains would be observed in the NW Mexican Pacific, where the fishing sector has an important role in the local economy, representing a risk to food security in both direct and indirect ways.