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Pollution Externalities And Fisheries: Insights From A Spatially Explicit Bioeconomic Model

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Author Info

  • Collins, Alan
  • Pascoe, Sean
  • Whitmarsh, David

Abstract

This paper addresses the question of how management response to pollution in a fishery affects the incidence of economic damages. We develop a spatially explicit bioeconomic model which is used to examine the effects of an acute pollution event. Two scenarios are considered, both involving a prohibition on shellfish harvesting in the area affected by pollution, but distinguished according to the freedom given to vessels to move out of the affected area. The model suggests that closing an area to fishing may have widespread economic repercussions if it is linked biologically or technically with others. The decision to allow or disallow boats to move from an affected area is shown to make a crucial difference in the level and variability of profits in the fishery system as a whole.

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File URL: http://purl.umn.edu/28230
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Bibliographic Info

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

Volume (Year): 18 (2003)
Issue (Month): 4 ()
Pages:

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Handle: RePEc:ags:mareec:28230

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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. Grigalunas, Thomas A. & Opaluch, James J. & French, Deborah & Reed, Mark, 1988. "Measuring Damages to Marine Natural Resources from Pollution Incidents under CERCLA: Applications of an Integrated Ocean Systems/Economic Model," Marine Resource Economics, Marine Resources Foundation, vol. 5(1).
  2. Grigalunas, Thomas A. & Anderson, Robert C. & Brown, Gardner M., Jr. & Congar, Richard & Meade, Norman F. & Sorensen, Philip E., 1986. "Estimating the Cost of Oil Spills: Lessons from the Amoco Cadiz Incident," Marine Resource Economics, Marine Resources Foundation, vol. 2(3).
  3. Mark Montgomery & Michael Needelman, 1997. "The Welfare Effects of Toxic Contamination in Freshwater Fish," Land Economics, University of Wisconsin Press, vol. 73(2), pages 211-223.
  4. Kahn, James R., 1987. "Measuring the Economic Damages Associated with Terrestrial Pollution of Marine Ecosystems," Marine Resource Economics, Marine Resources Foundation, vol. 4(3).
  5. Maurie J. Cohen, 1995. "Technological Disasters and Natural Resource Damage Assessment: An Evaluation of the Exxon Valdez Oil Spill," Land Economics, University of Wisconsin Press, vol. 71(1), pages 65-82.
  6. McConnell, Kenneth E. & Strand, Ivar E., 1989. "Benefits from commercial fisheries when demand and supply depend on water quality," Journal of Environmental Economics and Management, Elsevier, vol. 17(3), pages 284-292, November.
  7. Sanchirico, James N. & Wilen, James E., 1999. "Bioeconomics of Spatial Exploitation in a Patchy Environment," Journal of Environmental Economics and Management, Elsevier, vol. 37(2), pages 129-150, March.
  8. Opaluch, James J., 1987. "Marine Pollution and Environmental Damage Assessment: Introduction," Marine Resource Economics, Marine Resources Foundation, vol. 4(3).
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