Maximizing Resource Rent From The Western And Central Pacific Tuna Fisheries
AbstractRent generated by the tuna fisheries occurring in the waters of Pacific Islands Nations is estimated for various levels and combinations of purse-seine, pole-and-line, frozen tuna longline, and fresh tuna longline fishing effort, using a multi-species, multi-fleet bioeconomic model. The underlying population model integrates available information on the population dynamics of skipjack, yellowfin, bigeye, and Southern albacore tunas in the Pacific Ocean. The economic model utilizes the most recent data on fishing effort costs for the purse seine, pole-and-line, and longline fleets operating in the western and central Pacific Ocean, along with recent estimates of prices by species, method of capture and market, and estimates of demand elasticities. The results of the model indicate that fishery rent could be increased substantially above the current level by decreasing the size of all fleets, with the possible exception of the tuna longline fleet. The results also suggest that the countries of the region could benefit significantly by changing the level and structure of access fees levied as a percentage of total catch revenue.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Marine Resources Foundation in its journal Marine Resource Economics.
Volume (Year): 15 (2000)
Issue (Month): 3 ()
Contact details of provider:
Web page: http://www.uri.edu/cels/enre/mre/mre.htm
Resource /Energy Economics and Policy;
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Campbell, H. F. & Hand, A. J., 1998. "Joint ventures and technology transfer: the Solomon Islands pole-and-line fishery," Journal of Development Economics, Elsevier, vol. 57(2), pages 421-442.
- H. Scott Gordon, 1954. "The Economic Theory of a Common-Property Resource: The Fishery," Journal of Political Economy, University of Chicago Press, vol. 62, pages 124.
- Doulman, David J. & Terawasi, Peter, 1990. "The South Pacific regional register of foreign fishing vessels," Marine Policy, Elsevier, vol. 14(4), pages 324-332, July.
- Paul D'Arcy, 2013. "The Nourishing Sea: Partnered Guardianship of Fishery and Seabed Mineral Resources for the Economic Viability of Small Pacific Island Nations," Sustainability, MDPI, Open Access Journal, vol. 5(8), pages 3346-3367, August.
- Ramòn Jiménez-Toribio & Patrice Guillotreau & Rémi Mongruel, 2009. "Global integration of European tuna markets," Working Papers hal-00430014, HAL.
- Bjorndal, Trond & Bezabih, Mintewab, 2010. "Resource Rents and Management Regimes: The Case of the Western Channel Sole Fishery," Marine Resource Economics, Marine Resources Foundation, vol. 25(3).
- Tom Kompas & Cathy M. Dichmont & André E. Punt & A. Deng & Tuong Nhu Che & Janet Bishop & Peter Gooday & Yemin Ye & S. Zhou, 2010.
"Maximizing profits and conserving stocks in the Australian Northern Prawn Fishery,"
Australian Journal of Agricultural and Resource Economics,
Australian Agricultural and Resource Economics Society, vol. 54(3), pages 281-299, 07.
- Tom Kompas et. al., 2008. "Maximizing Profits and Conserving Stocks in the Australian Northern Prawn Fishery," International and Development Economics Working Papers idec08-04, International and Development Economics.
- Chand, Satish & Grafton, R. Quentin & Petersen, Elizabeth H., 2003. "Multilateral Governance Of Fisheries: Management And Cooperation In The Western And Central Pacific Tuna Fisheries," Marine Resource Economics, Marine Resources Foundation, vol. 18(4).
- Petersen, Elizabeth H., 2002. "Economic Policy, Institutions And Fisheries Development In The Pacific," 2002 Annual meeting, July 28-31, Long Beach, CA 19606, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Trond Bjørndal & Ana Brasão, 2004. "The Northern Atlantic Bluefin Tuna Fisheries: Management and Policy Implications," Working Papers 2004.69, Fondazione Eni Enrico Mattei.
- R. Gillett & G. van Santen, 2008. "Optimizing Fisheries Benefits in the Pacific Islands : Major Issues and Constraints," World Bank Other Operational Studies 8078, The World Bank.
- Bjorndal, Trond & Brasao, Ana, 2006. "The East Atlantic Bluefin Tuna Fisheries: Stock Collapse or Recovery?," Marine Resource Economics, Marine Resources Foundation, vol. 21(2).
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.