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Marine Reserves: Is There a Free Lunch?

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  • Sanchirico, James

    ()
    (Resources for the Future)

  • Wilen, James

Abstract

This paper employs a spatial and intertemporal model of renewable resource exploitation to investigate the effects of marine reserve creation. The model combines the H. S. Gordon/Vernon Smith hypothesis of a rent dissipation process with Ricardian notions that resources are exploited across space in a pattern dependent upon relative profitabilities. The metapopulation model employed here incorporates modern biological ideas that stress patch heterogeneity, linkages, and dispersal processes between patches. The spatial bioeconomic model is then used to simulate the effects of reserve creation under various ecological structures. We find, under certain parameter configurations and ecological linkages, that there is potential for a "double-dividend" where both aggregate biomass and harvest increase after an area of the fishery is set aside and protected from exploitation.

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Paper provided by Resources For the Future in its series Discussion Papers with number dp-99-09.

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Date of creation: 01 Dec 1998
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Handle: RePEc:rff:dpaper:dp-99-09

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  1. Skonhoft, Anders & Solstad, Jan Tore, 1996. "Wildlife management, illegal hunting and conflicts. A bioeconomic analysis," Environment and Development Economics, Cambridge University Press, vol. 1(02), pages 165-181, May.
  2. Schulz, Carl-Erik & Skonhoft, Anders, 1996. "Wildlife management, land-use and conflicts," Environment and Development Economics, Cambridge University Press, vol. 1(03), pages 265-280, July.
  3. 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.
  4. Smith, Vernon L, 1969. "On Models of Commercial Fishing," Journal of Political Economy, University of Chicago Press, vol. 77(2), pages 181-98, March/Apr.
  5. Brown, Gardner & Roughgarden, Jonathan, 1997. "A metapopulation model with private property and a common pool," Ecological Economics, Elsevier, vol. 22(1), pages 65-71, July.
  6. 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.
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Cited by:
  1. 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.
  2. Albers, H.J., 2010. "Spatial modeling of extraction and enforcement in developing country protected areas," Resource and Energy Economics, Elsevier, vol. 32(2), pages 165-179, April.
  3. 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.
  4. Akpalu, Wisdom & Bitew, Worku T., 2011. "Species diversity, fishing induced change in carrying capacity and sustainable fisheries management," Ecological Economics, Elsevier, vol. 70(7), pages 1336-1343, May.
  5. Viktoria Kahui & William Alexander, 2008. "A Bioeconomic Analysis of Marine Reserves for Paua (Abalone) Management at Stewart Island, New Zealand," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 40(3), pages 339-367, July.
  6. Stewart, Micki & Wilen, James E., 2001. "A Two-Sector Analysis of the Gal√°pagos Marine Reserve," 2001 Conference (45th), January 23-25, 2001, Adelaide 125962, Australian Agricultural and Resource Economics Society.
  7. Sanchirico, James & Wilen, James, 2000. "The Impacts of Marine Reserves on Limited-Entry Fisheries," Discussion Papers dp-00-34, Resources For the Future.
  8. Sanchirico, James & Cochran, Kathryn & Emerson , Peter, 2002. "Marine Protected Areas: Economic and Social Implications," Discussion Papers dp-02-26, Resources For the Future.
  9. Smith, Martin D. & Wilen, James E., 1999. "Spatial Behavior Of Renewable Resource Harvesters: The California Sea Urchin Fishery," 1999 Annual meeting, August 8-11, Nashville, TN 21510, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  10. Petter Osmundsen & Ragnar Tveterås, 2000. "Disposal of Petroleum Installations - Major Policy Issues," CESifo Working Paper Series 280, CESifo Group Munich.

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