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Fishing behavior across space and time

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  • Weninger, Quinn
  • Perruso, Larry

Abstract

We introduce a model of fishing behavior that features costly targeting of a spatially and temporally heterogenous, multiple-species fish stock. We characterize fishing behavior under species-specific regulations including time-area-depth closures, per-trip landings limits and tradable harvest permits. Our behavioral model yields a system of Kuhn-Tucker necessary conditions which form the basis of our empirical estimation. Data from the Gulf of Mexico commercial reef fish fishery are used to estimate the model. The estimated harvest technology exhibits local weak output disposability which are linked to spatially and temporally dependent stock conditions in the reef fish fishery. The model predicts harvests, discards and fishing profit across multiple species, and importantly across continuous space and time dimensions. Policy simulations further identify behavioral responses to closure regulations, individual tradeable quota management and recent sea turtle bycatch management rules which impose limits on fishing depth. Our model overcomes limitations of discrete choice spatial fishing behavioral models, and offers a powerful tool for improving regulation of spatially and temporally heterogeneous, multi-species fisheries.

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Bibliographic Info

Paper provided by Iowa State University, Department of Economics in its series Staff General Research Papers with number 35857.

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Date of creation: 29 Jan 2013
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Handle: RePEc:isu:genres:35857

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Postal: Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070
Phone: +1 515.294.6741
Fax: +1 515.294.0221
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Web page: http://www.econ.iastate.edu
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Keywords: Spatial temporal fishing behavior; multiples-species; targeting costs; regulations;

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References

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  1. Singh, Rajesh & Weninger, Quinn, 2009. "Bio-Economies of Scope and the Discard Problem in Mulitple Species Fisheries," Staff General Research Papers, Iowa State University, Department of Economics 12839, Iowa State University, Department of Economics.
  2. Johan A. Mistiaen & Ivar E. Strand, 2000. "Location Choice of Commercial Fishermen with Heterogeneous Risk Preferences," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, Agricultural and Applied Economics Association, vol. 82(5), pages 1184-1190.
  3. Turner, Matthew A., 1997. "Quota-Induced Discarding in Heterogeneous Fisheries," Journal of Environmental Economics and Management, Elsevier, vol. 33(2), pages 186-195, June.
  4. H. F. Campbell & R. B. Nicholl, 1994. "Can Purse Seiners Target Yellowfin Tuna?," Land Economics, University of Wisconsin Press, vol. 70(3), pages 345-354.
  5. Wales, T. J. & Woodland, A. D., 1983. "Estimation of consumer demand systems with binding non-negativity constraints," Journal of Econometrics, Elsevier, Elsevier, vol. 21(3), pages 263-285, April.
  6. Martin D. Smith, 2002. "Two Econometric Approaches for Predicting the Spatial Behavior of Renewable Resource Harvesters," Land Economics, University of Wisconsin Press, vol. 78(4), pages 522-538.
  7. Singh, Rajesh & Weninger, Quinn, 2009. "Bioeconomies of scope and the discard problem in multiple-species fisheries," Journal of Environmental Economics and Management, Elsevier, vol. 58(1), pages 72-92, July.
  8. Martin D. Smith, 2000. "Spatial Search and Fishing Location Choice: Methodological Challenges of Empirical Modeling," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, Agricultural and Applied Economics Association, vol. 82(5), pages 1198-1206.
  9. C. Haynie, Alan & F. Layton, David, 2010. "An expected profit model for monetizing fishing location choices," Journal of Environmental Economics and Management, Elsevier, vol. 59(2), pages 165-176, March.
  10. Weninger, Quinn & Waters, James R., 2003. "Economic Benefits of Management Reform in the Northern Gulf of Mexico Reef Fish Fishery," Staff General Research Papers, Iowa State University, Department of Economics 10828, Iowa State University, Department of Economics.
  11. Abbott, Joshua K. & Wilen, James E., 2011. "Dissecting the tragedy: A spatial model of behavior in the commons," Journal of Environmental Economics and Management, Elsevier, vol. 62(3), pages 386-401.
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