Economic benefits of management reform in the northern Gulf of Mexico reef fish fishery

Abstract

Controlled access management in the northern Gulf of Mexico commercial reef …sh …shery has failed to achieve economic and biological objectives. This paper estimates the economic bene…ts of replacing controlled access with a system of tradable harvest permits. Using 1993 data, we estimate that eliminating market gluts caused by periodic seasonal closures could increase revenues by $3.068m. Harvest cost savings from eliminating per-trip catch limits and periodic seasonal closures are estimated to be $8.547m. Total 1993 bene…ts are estimated at $11.614m suggesting a property rights-based management program is an attractive alternative in the northern Gulf reef …sh …shery.

Integrated ecological–economic fisheries models—Evaluation, review and challenges for implementation

“…Da Rocha & Gutiérrez, 2011;Da-Rocha & Pujolas, 2011;Da Rocha & Mato-Amboage, 2016;Da Rocha & Sempere, 2016;Da Rocha, Cerviño, & Gutiérrez, 2010;Da Rocha, Gutiérrez, Cerviño, & Antelo, 2012;Da Rocha, Gutiérrez, & Antelo, 2013;Da Rocha, Gutiérrez, Garcia-Cutrin, & Jardim, 2015;Da Rocha, Gutiérrez, Garcia-Cutrin, & Touza, 2016;Da Rocha, Gutiérrez, Garcia-Cutrin, & Jardim, 2017;Arnason, 2002;Weninger and Just, 2002;Heaps, 2003;Weninger and Waters, 2003;Weninger, 2008;Kitts et al, 2011. 11 DISPLACE Bastardie, Nielsen, Andersen, & Eigaard, 2010Bastardie et al, 2013Bastardie et al, , 2014Bastardie, Nielsen, Eigaard, et al, 2015;Bastardie, Nielsen, Eero, Fuga, & Rindorf, 2017;Nielsen, Kristensen, Lewy, & Bastardie, 2014;www.…”

Fleet Restructuring, Rent Generation, and the Design of Individual Fishing Quota Programs: Empirical Evidence from the Pacific Coast Groundfish Fishery

“…Our article adds to a growing literature that has emphasized the gains in economic efficiency available under IFQ management programs (e.g., Grafton, Nelson, and Turris 2005;Weninger and Waters 2003;Casey et al 1995). We derive new insights concerning the role of IFQ program design on the nature of fleet composition and rent generation.…”

“…For reasons of data availability, we focus our analysis on the non-whiting component of the limited entry trawl fleet, which hereafter for simplicity is referred as the groundfish fleet. The conceptual approach follows recent work by Weninger and Waters (2003) and Singh, Weninger, and Doyle (2006). In a first step, we use data on operating expenses and catch of groundfish vessel operations to estimate the cost inefficiency under the current management program and calibrate vessel level harvesting costs for simulation purposes.…”

“…We explicitly allow for heterogeneity due to the vessel skipper's efficiency and cost differences across vessel sizes or lengths. Variation in skipper skill levels can be important in fisheries, and, therefore, may be a key source of cost savings under IFQ management (Squires and Kirkley 1995;Weninger and Waters 2003). The implications of IFQ operating rules on the cost efficiency of different vessels lengths are of particular interest and are investigated thoroughly below.…”

Fleet Restructuring, Rent Generation, and the Design of Individual Fishing Quota Programs: Empirical Evidence from the Pacific Coast Groundfish Fishery

“…The conceptual approach follows recent work by Weninger and Waters (2003) and Singh, Weninger, and Doyle (2006). In a first step, we use data on operating expenses and catch of groundfish vessel operations to estimate the cost inefficiency under the current management program and calibrate vessel level harvesting costs for simulation purposes.…”