A Bioeconomic Analysis of the Greenland Shrimp Fishery in the Davis Strait
Abstract
This paper presents a bioeconomic analysis determining the resource rent and optimum effort of the shrimp (Pandalus borealis) fishery in the Davis Strait, taking into account the discard behaviour of the fleet. It is demonstrated that, from an economic point of view, the shrimp stock in the Davis Strait is substantially overfished. In order to obtain the maximum economic yield, the effort must be reduced by at least 40% compared to the effort level of 1991. The gain in resource rent by reducing effort is estimated to be at least 20% compared to the resource rent of 1991.Download Info
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Article provided by Marine Resources Foundation in its journal Marine Resource Economics.
Volume (Year): 08 (1993)
Issue (Month): 4 ()
Pages:
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Web page: http://www.uri.edu/cels/enre/mre/mre.htm
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Keywords: Bioeconomics; rent; discard; shrimp; Greenland; Environmental Economics and Policy; Production Economics;References
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Eggert, Hakan & Ulmestrand, Mats, 1999. "A Bioeconomic Analysis Of The Swedish Fishery For Norway Lobster (Nephrops Norvegicus)," Marine Resource Economics, Marine Resources Foundation, vol. 14(3).
- Thunberg, Eric M. & Helser, T.E. & Mayo, R.K., 1998. "Bioeconomic Analysis Of Alternative Selection Patterns In The United States Atlantic Silver Hake Fishery," Marine Resource Economics, Marine Resources Foundation, vol. 13(1).
- Sherry Larkin & Gil Sylvia, 2004. "Generating Enhanced Fishery Rents by Internalizing Product Quality Characteristics," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 28(1), pages 101-122, May.
- Vestergaard, Niels, 1996. "Discard Behavior, Highgrading And Regulation: The Case Of The Greenland Shrimp Fishery," Marine Resource Economics, Marine Resources Foundation, vol. 11(4).
- Mardle, S. & Pascoe, S., 2000. "Use of evolutionary methods for bioeconomic optimization models: an application to fisheries," Agricultural Systems, Elsevier, vol. 66(1), pages 33-49, October.
- Håkan Eggert, 1998. "Bioeconomic Analysis and Management," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 11(3), pages 399-411, April.
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