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Short-Run Welfare Losses From Essential Fish Habitat Designations For The Surfclam And Ocean Quahog Fisheries

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Author Info

  • Hicks, Robert L.
  • Kirkley, James E.
  • Strand, Ivar E., Jr.

Abstract

In this paper, we present a spatial model of fishing that can be used to assess some of the economic welfare losses to producers from setting aside essential fish habitat (EFH) areas. The paper demonstrates how spatially explicit behavioral models of fishing are estimated, how these models can be used to measure welfare losses to fishermen, and how these models can then, in turn, be used to simulate fishing behavior. In developing the spatial model of fishing behavior, the work incorporates ideas of congestion and information effects, and we show a modification of standard welfare measures that accounts for these spillover effects. Using this methodology, these effects are traced through to the policy simulations, where we demonstrate how these welfare and predicted shares need to be modified to account for spillover effects from fleet activity.

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File URL: http://purl.umn.edu/28100
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Bibliographic Info

Article provided by Marine Resources Foundation in its journal Marine Resource Economics.

Volume (Year): 19 (2004)
Issue (Month): 1 ()
Pages:

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Handle: RePEc:ags:mareec:28100

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Web page: http://www.uri.edu/cels/enre/mre/mre.htm

Related research

Keywords: Resource /Energy Economics and Policy;

References

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  1. Haab, Timothy C. & Hicks, Robert L., 1997. "Accounting for Choice Set Endogeneity in Random Utility Models of Recreation Demand," Journal of Environmental Economics and Management, Elsevier, vol. 34(2), pages 127-147, October.
  2. Robert L. Hicks & Ivar E. Strand, 2000. "The Extent of Information: Its Relevance for Random Utility Models," Land Economics, University of Wisconsin Press, vol. 76(3), pages 374-385.
  3. Joseph A. Herriges & Catherine L. Kling, 1999. "Nonlinear Income Effects in Random Utility Models," The Review of Economics and Statistics, MIT Press, vol. 81(1), pages 62-72, February.
  4. Hanemann, W. Michael, 1982. "Applied Welfare Analysis with Qualitative Response Models," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt7982f0k8, Department of Agricultural & Resource Economics, UC Berkeley.
  5. Rita Curtis & Robert L. Hicks, 2000. "The Cost of Sea Turtle Preservation: The Case of Hawaii's Pelagic Longliners," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(5), pages 1191-1197.
  6. Dupont, Diane P., 1993. "Price Uncertainty, Expectations Formation and Fishers' Location Choices," Marine Resource Economics, Marine Resources Foundation, vol. 8(3).
  7. 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.
  8. Eales, James S. & Wilen, James E., 1986. "An Examination of Fishing Location Choice in the Pink Shrimp Fishery," Marine Resource Economics, Marine Resources Foundation, vol. 2(4).
  9. Smith, Martin D. & Wilen, James E., 2003. "Economic impacts of marine reserves: the importance of spatial behavior," Journal of Environmental Economics and Management, Elsevier, vol. 46(2), pages 183-206, September.
  10. Martin D. Smith, 2002. "Two Econometric Approaches for Predicting the Spatial Behavior of Renewable Resource Harvesters," Land Economics, University of Wisconsin Press, vol. 78(4), pages 522-538.
  11. Robertson, John & Kitts, Andrew & Thunberg, Eric M., 2000. "Willingness To Participate And Bids In A Fishing Vessel Buyout Program: A Case Study Of New England Groundfish," Marine Resource Economics, Marine Resources Foundation, vol. 15(3).
  12. Hannesson, Rognvaldur, 1998. "Marine Reserves: What Would They Accomplish?," Marine Resource Economics, Marine Resources Foundation, vol. 13(3).
  13. George R. Parsons & A. Brett Hauber, 1998. "Spatial Boundaries and Choice Set Definition in a Random Utility Model of Recreation Demand," Land Economics, University of Wisconsin Press, vol. 74(1), pages 32-48.
  14. Bockstael, Nancy E. & Opaluch, James J., 1983. "Discrete modelling of supply response under uncertainty: The case of the fishery," Journal of Environmental Economics and Management, Elsevier, vol. 10(2), pages 125-137, June.
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Citations

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Cited by:
  1. Garth Holloway & Donald Lacombe & James P. LeSage, 2007. "Spatial Econometric Issues for Bio-Economic and Land-Use Modelling," Journal of Agricultural Economics, Wiley Blackwell, vol. 58(3), pages 549-588, 09.
  2. Hicks, Robert L. & Schnier, Kurt E., 2010. "Spatial regulations and endogenous consideration sets in fisheries," Resource and Energy Economics, Elsevier, vol. 32(2), pages 117-134, April.
  3. Viktoria Kahui & William Alexander, 2008. "A Bioeconomic Analysis of Marine Reserves for Paua (Abalone) Management at Stewart Island, New Zealand," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 40(3), pages 339-367, July.
  4. Robert L. Hicks & Kurt Schnier, 2006. "A Spatial Model of Dolphin Avoidance in the Eastern Tropical Pacific Ocean," Working Papers 25, Department of Economics, College of William and Mary.
  5. C. Haynie, Alan & F. Layton, David, 2010. "An expected profit model for monetizing fishing location choices," Journal of Environmental Economics and Management, Elsevier, vol. 59(2), pages 165-176, March.
  6. Holland, Dan & Schnier, Kurt E., 2006. "Individual habitat quotas for fisheries," Journal of Environmental Economics and Management, Elsevier, vol. 51(1), pages 72-92, January.
  7. Hicks, Robert L. & Schnier, Kurt E., 2008. "Eco-labeling and dolphin avoidance: A dynamic model of tuna fishing in the Eastern Tropical Pacific," Journal of Environmental Economics and Management, Elsevier, vol. 56(2), pages 103-116, September.

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