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A Bioeconomic Analysis of the Northern Baltic Salmon Fishery: Coexistence versus Exclusion of Competing Sequential Fisheries

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  • Marita Laukkanen

Abstract

We develop a bioeconomic model of the northern Balticsalmon fishery that takes into account thesimultaneous harvest of wild and reared salmon. Weassess the optimal harvest allocation between thecommercial offshore, inshore, and estuary fisheries,and the recreational river fishery that sequentiallyharvest the salmon stock. We restrict the solution tospawning stocks sufficient to preserve the wildsalmon. Empirical results suggest closure of theoffshore and inshore fisheries. Optimal managementenhances the wild stock, and results in substantialeconomic gains to the fishery. Current fisheryregulation improves the performance of the fisheryover open access, but fails to utilize the fullproductive potential of the resource. Copyright Kluwer Academic Publishers 2001

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  • Marita Laukkanen, 2001. "A Bioeconomic Analysis of the Northern Baltic Salmon Fishery: Coexistence versus Exclusion of Competing Sequential Fisheries," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 18(3), pages 293-315, March.
    • Handle: RePEc:kap:enreec:v:18:y:2001:i:3:p:293-315
    DOI: 10.1023/A:1011164523802
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    References listed on IDEAS

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    1. McConnell, Kenneth E. & Sutinen, Jon G., 1979. "Bioeconomic models of marine recreational fishing," Journal of Environmental Economics and Management, Elsevier, vol. 6(2), pages 127-139, June.
    2. McKelvey, Robert, 1983. "The fishery in a fluctuating environment: Coexistence of specialist and generalist fishing vessels in a multipurpose fleet," Journal of Environmental Economics and Management, Elsevier, vol. 10(4), pages 287-309, December.
    3. Bishop, Richard C. & Samples, Karl C., 1980. "Sport and commercial fishing conflicts: A theoretical analysis," Journal of Environmental Economics and Management, Elsevier, vol. 7(3), pages 220-233, September.
    4. Lipton, Douglas W. & Strand, Ivar Jr., 1989. "The effect of common property on the optimal structure of the fishing industry," Journal of Environmental Economics and Management, Elsevier, vol. 16(1), pages 45-51, January.
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    Citations

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    Cited by:

    1. Kulmala, Soile & Laukkanen, Marita & Michielsens, Catherine, 2008. "Reconciling economic and biological modeling of migratory fish stocks: Optimal management of the Atlantic salmon fishery in the Baltic Sea," Ecological Economics, Elsevier, vol. 64(4), pages 716-728, February.
    2. Tin-Yu Lai & Marko Lindroos & Lone Grønbæk & Atso Romakkaniemi, 2021. "The Role of Food Web Interactions in Multispecies Fisheries Management: Bio-economic Analysis of Salmon, Herring and Grey Seal in the Northern Baltic Sea," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 79(3), pages 511-549, July.
    3. Soile Oinonen & Lone Grønbæk & Marita Laukkanen & Polina Levontin & Marko Lindroos & Emmi Nieminen & Katja Parkkila & Pedro Pintassilgo & Henni Pulkkinen & Atso Romakkaniemi, 2016. "International Fisheries Management and Recreational Benefits: The Case of Baltic Salmon," Marine Resource Economics, University of Chicago Press, vol. 31(4), pages 433-451.
    4. Jon Olaf Olaussen, 2006. "Playing Chicken with Salmon," Working Paper Series 7406, Department of Economics, Norwegian University of Science and Technology.
    5. Anders Skonhoft & Jon Olaf Olaussen, 2005. "Managing a Migratory Species That Is Both a Value and a Pest," Land Economics, University of Wisconsin Press, vol. 81(1).
    6. Kulmala, Soile & Levontin, Polina & Lindroos, Marko & Pintassilgo, Pedro, 2010. "Atlantic Salmon Fishery in the Baltic Sea – A Case of Trivial Cooperation," 2010 Conference (54th), February 10-12, 2010, Adelaide, Australia 59094, Australian Agricultural and Resource Economics Society.
    7. Jon Olaf Olaussen & Anders Skonhoft, 2005. "The bioeconomics of a wild Atlantic salmon (Salmo salar) recreational fishery," Working Paper Series 6105, Department of Economics, Norwegian University of Science and Technology.
    8. Marita Laukkanen, 2003. "Transboundary Fisheries Management under Implementation Uncertainty," Working Papers 2003.118, Fondazione Eni Enrico Mattei.
    9. Huang, Biao & Perrings, Charles, 2017. "Managing the Risks of Sea Lice Transmission Between Salmon Aquaculture and Wild Pink Salmon Fishery," Ecological Economics, Elsevier, vol. 142(C), pages 228-237.
    10. Skonhoft, Anders & Gong, Peichen, 2014. "Wild salmon fishing: Harvesting the old or young?," Resource and Energy Economics, Elsevier, vol. 36(2), pages 417-435.
    11. Liu, Yajie & Sumaila, Ussif Rashid & Volpe, John Paul, 2011. "Potential ecological and economic impacts of sea lice from farmed salmon on wild salmon fisheries," Ecological Economics, Elsevier, vol. 70(10), pages 1746-1755, August.

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