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Protected areas in fisheries: a two-patch, two-species model

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  • Greenville, Jared W.
  • MacAulay, T. Gordon
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    Abstract

    The use of marine protected areas as a fishery management tool has been suggested as a hedge against management failures and variation in harvests. A stochastic bioeconomic model of a hypothetical predator–prey fishery is used to test the performance of protected areas in a fishery with heterogenous environments. Protected areas are analysed under density-dependent and sink-source dispersal relationships between the subpopulations that occur within the fishery. Differing management structures governing resource extraction are analysed. The focus of the study is placed on the biological and management characteristics that yield benefits to both fishers and society. It is shown that the establishment of a protected area improves fishery rent and lowers harvest variation. This result is sensitive to both current management controls and the correlation between species and patches.

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    Bibliographic Info

    Article provided by Australian Agricultural and Resource Economics Society in its journal Australian Journal of Agricultural and Resource Economics.

    Volume (Year): 50 (2006)
    Issue (Month): 2 (June)
    Pages:

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    Handle: RePEc:ags:aareaj:116924

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    Related research

    Keywords: bioeconomics; fisheries management; marine protected areas; Resource /Energy Economics and Policy;

    References

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    1. Sanchirico, James & Wilen, James, 2000. "The Impacts of Marine Reserves on Limited-Entry Fisheries," Discussion Papers dp-00-34, Resources For the Future.
    2. Bulte, Erwin H. & van Kooten, G. Cornelis, 1999. "Metapopulation dynamics and stochastic bioeconomic modeling," Ecological Economics, Elsevier, vol. 30(2), pages 293-299, August.
    3. Wolfgang Ströbele & Holger Wacker, 1995. "The economics of harvesting predator-prey systems," Journal of Economics, Springer, vol. 61(1), pages 65-81, February.
    4. Pezzey, John C. V. & Roberts, Callum M. & Urdal, Bjorn T., 2000. "A simple bioeconomic model of a marine reserve," Ecological Economics, Elsevier, vol. 33(1), pages 77-91, April.
    5. Grafton, R. Quentin & Kompas, Tom, 2005. "Uncertainty and the active adaptive management of marine reserves," Marine Policy, Elsevier, vol. 29(5), pages 471-479, September.
    6. Tom Kompas & Pham Van Ha & R. Quentin Grafton, 2004. "Saving the Seas: The Economic Justification for Marine Reserves," International and Development Economics Working Papers idec04-3, International and Development Economics.
    7. Bulte, Erwin H. & van Kooten, G. Cornelis, 2001. "Harvesting and conserving a species when numbers are low: population viability and gambler's ruin in bioeconomic models," Ecological Economics, Elsevier, vol. 37(1), pages 87-100, April.
    8. Sanchirico, James N. & Wilen, James E., 2001. "A Bioeconomic Model of Marine Reserve Creation," Journal of Environmental Economics and Management, Elsevier, vol. 42(3), pages 257-276, November.
    9. Sanchirico, James N., 2005. "Additivity properties in metapopulation models: implications for the assessment of marine reserves," Journal of Environmental Economics and Management, Elsevier, vol. 49(1), pages 1-25, January.
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    Cited by:
    1. Greenville, Jared W. & MacAulay, T. Gordon, 2006. "Protected Areas and the Management of Fisheries: An Institutional Perspective," 2006 Conference (50th), February 8-10, 2006, Sydney, Australia 139739, Australian Agricultural and Resource Economics Society.

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