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The Impact Of Quotas On The Southern Bluefin Tuna Fishery

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  • John O.S. Kennedy
  • James W. Watkins

Abstract

Recent increases in the harvests of southern bluefin tuna, particularly by Australian fishermen, have led to the recognition that the fishery is overexploited. A model is developed to examine the effects that quotas on Australian and Japanese harvesting would have on economic welfare and on stock levels. Recursive quadratic programming is used to simulate harvesting decisions through time, with and without the imposition of quotas.
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Suggested Citation

  • John O.S. Kennedy & James W. Watkins, 1985. "The Impact Of Quotas On The Southern Bluefin Tuna Fishery," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 29(1), pages 63-83, April.
    • Handle: RePEc:bla:ajarec:v:29:y:1985:i:1:p:63-83
    DOI: j.1467-8489.1985.tb00441.x
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    References listed on IDEAS

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    1. Gordon R. Munro, 1982. "Fisheries, Extended Jurisdiction and the Economics of Common Property Resources," Canadian Journal of Economics, Canadian Economics Association, vol. 15(3), pages 405-425, August.
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    Cited by:

    1. Ben White, 2000. "A Review of the Economics of Biological Natural Resources," Journal of Agricultural Economics, Wiley Blackwell, vol. 51(3), pages 419-462, September.
    2. Klieve, H. M. & MacAulay, T. Gordon, 1993. "A Game Theory Analysis Of Management Strategies For The Southern Bluefin Tuna Industry," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 37(1), pages 1-16, April.
    3. Phil Simmons & Lee Wallace, 1995. "A Comment On Klieve‐Macaulay'S Southern Bluefin Tuna Game," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 39(3), pages 289-291, December.

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