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The Impacts of Marine Reserves on Limited-Entry Fisheries

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Author Info
Sanchirico, James () (Resources for the Future)
Wilen, James

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Abstract

We 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.

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Paper provided by Resources For the Future in its series Discussion Papers with number dp-00-34.

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Date of creation: 01 Aug 2000
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Handle: RePEc:rff:dpaper:dp-00-34

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Related research
Keywords: fisheries; limited-entry; marine reserves;

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Find related papers by JEL classification:
Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery
R10 - Urban, Rural, and Regional Economics - - General Regional Economics - - - General

This paper has been announced in the following NEP Reports:

This item is featured on the following reading lists:
  1. Socio-economics of Fisheries and Aquaculture
References listed on IDEAS
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.:
  1. Smith, Vernon L, 1971. "Economics of Production from Natural Resources: Reply," American Economic Review, American Economic Association, vol. 61(3), pages 488-91, June. [Downloadable!] (restricted)
  2. 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. [Downloadable!]
  3. Sanchirico, James & Wilen, James, 1998. "Marine Reserves: Is There a Free Lunch?," Discussion Papers dp-99-09, Resources For the Future. [Downloadable!]
  4. 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. [Downloadable!] (restricted)
  5. Holland, Daniel S. & Brazee, Richard J., 1996. "Marine Reserves For Fisheries Management," Marine Resource Economics, Marine Resources Foundation, vol. 11(3). [Downloadable!]
  6. 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. [Downloadable!] (restricted)
  7. Farrow, Scott, 1996. "Marine protected areas: emerging economics," Marine Policy, Elsevier, vol. 20(6), pages 439-446, November. [Downloadable!] (restricted)
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Cited by:
(explanations, 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.)

  1. 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. [Downloadable!]
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  2. Greenville, Jared & MacAulay, 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). [Downloadable!]
  3. 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. [Downloadable!]
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