The Impacts of Marine Reserves on Limited-Entry Fisheries
AbstractWe utilize a spatial bioeconomic model to investigate the impacts of creating reserves on limited-entry fisheries. We find that reserve creation can produce win-win situations where aggregate biomass and the common license (lease) price increase. These situations arise in biological systems where dispersal processes are prevalent and the fishery prior to reserve creation is operating at effort levels in a neighborhood of open-access levels. We also illustrate that using strictly biological criteria for siting reserves (e.g., setting aside the most biological productive areas) will likely induce the most vociferous objections from the fishing industry. In general, we find that the dispersal rate and the degree the patches are connected play a significant role on the net impacts on the fishing sector.
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 InfoPaper provided by Resources For the Future in its series Discussion Papers with number dp-00-34.
Date of creation: 01 Aug 2000
Date of revision:
fisheries; limited-entry; marine reserves;
Find related papers by JEL classification:
- Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery
- R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
This paper has been announced in the following NEP Reports:
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.:
- Sanchirico, James, 2000. "Marine Protected Areas as Fishery Policy: A Discussion of the Potential Costs and Benefits," Discussion Papers dp-00-23-rev, Resources For the Future.
- Holland, Daniel S. & Brazee, Richard J., 1996. "Marine Reserves For Fisheries Management," Marine Resource Economics, Marine Resources Foundation, vol. 11(3).
- Hannesson, Rognvaldur, 1998. "Marine Reserves: What Would They Accomplish?," Marine Resource Economics, Marine Resources Foundation, vol. 13(3).
- Farrow, Scott, 1996. "Marine protected areas: emerging economics," Marine Policy, Elsevier, vol. 20(6), pages 439-446, November.
- Sanchirico, James & Wilen, James, 1998. "Marine Reserves: Is There a Free Lunch?," Discussion Papers dp-99-09, Resources For the Future.
- Smith, Vernon L, 1971. "Economics of Production from Natural Resources: Reply," American Economic Review, American Economic Association, vol. 61(3), pages 488-91, June.
- Sanchirico, James N. & Wilen, James E., 1999. "Bioeconomics of Spatial Exploitation in a Patchy Environment," Journal of Environmental Economics and Management, Elsevier, vol. 37(2), pages 129-150, March.
- 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.
- Schnier, Kurt Erik, 2005. "Biological "hot spots" and their effect on optimal bioeconomic marine reserve formation," Ecological Economics, Elsevier, vol. 52(4), pages 453-468, March.
- Daniel T. Kaffine & Christopher J. Costello, 2010.
"Unitization of spatially connected renewable resources,"
NBER Working Papers
16338, National Bureau of Economic Research, Inc.
- Kaffine Daniel T & Costello Christopher, 2011. "Unitization of Spatially Connected Renewable Resources," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 11(1), pages 1-31, March.
- Greenville, Jared W. & MacAulay, T. Gordon, 2007. "Untangling the Benefits of Protected Areas in Fisheries," Marine Resource Economics, Marine Resources Foundation, vol. 22(3).
- Jared Greenville & T. Gordon MacAulay, 2006. "Protected areas in fisheries: a two-patch, two-species model ," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 50(2), pages 207-226, 06.
- Polasky, Stephen & Costello, Christopher & Solow, Andrew, 2005. "The Economics of Biodiversity," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 3, chapter 29, pages 1517-1560 Elsevier.
- R. Quentin Grafton & Pham Van Ha & Tom Kompas, 2004.
"Saving the Seas: The Economic Justification for Marine Reserves,"
Economics and Environment Network Working Papers
0402, Australian National University, Economics and Environment Network.
- Tom Kompas & Pham Van Ha & R. Quentin Grafton, 2004. "Saving the Seas: The Economic Justification for Marine Reserves," International and Development Economics Working Papers idec04-3, International and Development Economics.
- Anders Skonhoft & Claire Armstrong, 2005. "Marine reserves. A bio-economic model with asymmetric density dependent migration," Working Paper Series 5005, Department of Economics, Norwegian University of Science and Technology.
- Greenville, Jared W. & MacAulay, T. Gordon, 2007. "Bioeconomic analysis of protected area use in fisheries management," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 51(4), December.
- Greenville, Jared W. & MacAulay, T. Gordon, 2006. "Protected areas in fisheries: a two-patch, two-species model," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 50(2), June.
- Schnier, Kurt E. & Anderson, Christopher M., 2006. "Decision making in patchy resource environments: Spatial misperception of bioeconomic models," Journal of Economic Behavior & Organization, Elsevier, vol. 61(2), pages 234-254, October.
- Greenville, Jared W. & MacAulay, T. Gordon, 2004. "A bioeconomic model of a marine park," 2004 Conference (48th), February 11-13, 2004, Melbourne, Australia 58451, Australian Agricultural and Resource Economics Society.
- Ola Flaaten & Einar Mjølhus, 2010. "Nature Reserves as a Bioeconomic Management Tool: A Simplified Modelling Approach," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 47(1), pages 125-148, September.
- Mykoniatis, Nikolaos & Ready, Richard C., 2012. "Optimal Oyster Management in Chesapeake Bay Incorporating Sanctuaries, Reserves, Aquaculture and Externalities," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124613, Agricultural and Applied Economics Association.
- Albers, Heidi J. & Fischer, Carolyn & Sanchirico, James N., 2010. "Invasive species management in a spatially heterogeneous world: Effects of uniform policies," Resource and Energy Economics, Elsevier, vol. 32(4), pages 483-499, November.
- Armstrong, Claire W., 2007. "A note on the ecological-economic modelling of marine reserves in fisheries," Ecological Economics, Elsevier, vol. 62(2), pages 242-250, April.
- Greenville, Jared W. & MacAulay, T. Gordon, 2006. "A Bioeconomic Analysis of Protected Area use in Fisheries Management," 2006 Annual meeting, July 23-26, Long Beach, CA 21469, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Sterner, Thomas, 2007. "Unobserved diversity, depletion and irreversibility The importance of subpopulations for management of cod stocks," Ecological Economics, Elsevier, vol. 61(2-3), pages 566-574, March.
- Holland, Dan & Schnier, Kurt E., 2006. "Individual habitat quotas for fisheries," Journal of Environmental Economics and Management, Elsevier, vol. 51(1), pages 72-92, January.
- Armstrong, Claire W. & Skonhoft, Anders, 2006. "Marine reserves: A bio-economic model with asymmetric density dependent migration," Ecological Economics, Elsevier, vol. 57(3), pages 466-476, May.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Webmaster).
If references are entirely missing, you can add them using this form.