IDEAS home Printed from https://ideas.repec.org/a/ags/aareaj/162011.html
   My bibliography  Save this article

Marine protected areas in spatial property-rights fisheries

Author

Listed:
  • Costello, Christopher
  • Kaffine, Daniel T.

Abstract

Marine protected areas (MPAs) and spatial property rights (TURFs) are two seemingly contradictory approaches advocated as solutions to common property failures in fisheries. MPAs limit harvest to certain areas, but may enhance profits outside via spillover. TURFs incentivize local stewardship but may be plagued by spatial externalities when the TURF size is insufficient to capture all dispersal. Within a numerical model parameterized to a California marine species, we explore the economic and ecological effects of imposing MPAs on a TURF-regulated fishery. Whether MPAs can enhance or diminish profits (or fish abundance) hinges critically on the level of coordination already occurring between TURF owners. If coordination is complete, private MPAs may already emerge in some TURFs; implementing additional MPAs reduces profits. However, to the extent that coordination is incomplete, strategically sited MPAs may be an effective complement to spatial property rights-based fisheries, increasing both fishery profits and abundance.

Suggested Citation

  • Costello, Christopher & Kaffine, Daniel T., 2010. "Marine protected areas in spatial property-rights fisheries," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 54(3), pages 1-21.
    • Handle: RePEc:ags:aareaj:162011
    DOI: 10.22004/ag.econ.162011
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/162011/files/j.1467-8489.2010.00495.x.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.162011?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Heintzelman, Martin D. & Salant, Stephen W. & Schott, Stephan, 2009. "Putting free-riding to work: A Partnership Solution to the common-property problem," Journal of Environmental Economics and Management, Elsevier, vol. 57(3), pages 309-320, May.
    2. Janmaat, Johannus A., 2005. "Sharing clams: tragedy of an incomplete commons," Journal of Environmental Economics and Management, Elsevier, vol. 49(1), pages 26-51, January.
    3. Costello, Christopher & Polasky, Stephen, 2008. "Optimal harvesting of stochastic spatial resources," Journal of Environmental Economics and Management, Elsevier, vol. 56(1), pages 1-18, July.
    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.
    5. Sanchirico, James N. & Wilen, James E., 2001. "A Bioeconomic Model of Marine Reserve Creation," Journal of Environmental Economics and Management, Elsevier, vol. 42(3), pages 257-276, November.
    6. Smith, Martin D. & Wilen, James E., 2003. "Economic impacts of marine reserves: the importance of spatial behavior," Journal of Environmental Economics and Management, Elsevier, vol. 46(2), pages 183-206, September.
    7. Costello, Christopher J. & Kaffine, Daniel, 2008. "Natural resource use with limited-tenure property rights," Journal of Environmental Economics and Management, Elsevier, vol. 55(1), pages 20-36, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Costello, Christopher & Quérou, Nicolas & Tomini, Agnes, 2015. "Partial enclosure of the commons," Journal of Public Economics, Elsevier, vol. 121(C), pages 69-78.
    2. Costello, Christopher & Molina, Renato, 2021. "Transboundary marine protected areas," Resource and Energy Economics, Elsevier, vol. 65(C).
    3. Villaseñor-Derbez, Juan Carlos, 2019. "An interdisciplinary evaluation of community-based TURF-reserves," MarXiv 8vgqu, Center for Open Science.
    4. Yamazaki, Satoshi & Jennings, Sarah & Quentin Grafton, R. & Kompas, Tom, 2015. "Are marine reserves and harvest control rules substitutes or complements for rebuilding fisheries?," Resource and Energy Economics, Elsevier, vol. 40(C), pages 1-18.
    5. Aburto-Oropeza,Octavio & Leslie,Heather M. & Mack-Crane,Austen & Nagavarapu,Sriniketh Suryasesha & Reddy,Sheila M.W. & Sievanen,Leila, 2016. "Property rights for fishing cooperatives : how (and how well) do they work ?," Policy Research Working Paper Series 7662, The World Bank.
    6. Hannah, Lee & Costello, Christopher & Elliot, Vittoria & Owashi, Brandon & Nam, So & Oyanedel, Rodrigo & Chea, Ratha & Vibol, Ouk & Phen, Chheng & McDonald, Gavin, 2019. "Designing freshwater protected areas (FPAs) for indiscriminate fisheries," Ecological Modelling, Elsevier, vol. 393(C), pages 127-134.
    7. Enric Sala & Christopher Costello & Dawn Dougherty & Geoffrey Heal & Kieran Kelleher & Jason H Murray & Andrew A Rosenberg & Rashid Sumaila, 2013. "A General Business Model for Marine Reserves," PLOS ONE, Public Library of Science, vol. 8(4), pages 1-9, April.
    8. Gabriel S. Sampson & James N. Sanchirico, 2019. "Exploitation of a Mobile Resource with Costly Cooperation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 73(4), pages 1135-1163, August.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. 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.
    2. Costello, Christopher & Molina, Renato, 2021. "Transboundary marine protected areas," Resource and Energy Economics, Elsevier, vol. 65(C).
    3. Brock, William & Xepapadeas, Anastasios, 2010. "Pattern formation, spatial externalities and regulation in coupled economic-ecological systems," Journal of Environmental Economics and Management, Elsevier, vol. 59(2), pages 149-164, March.
    4. Smith, Martin D. & Sanchirico, James N. & Wilen, James E., 2009. "The economics of spatial-dynamic processes: Applications to renewable resources," Journal of Environmental Economics and Management, Elsevier, vol. 57(1), pages 104-121, January.
    5. W. A. Brock & A. Xepapadeas, 2015. "Modeling Coupled Climate, Ecosystems, and Economic Systems," Working Papers 2015.66, Fondazione Eni Enrico Mattei.
    6. Costello, Christopher & Polasky, Stephen, 2008. "Optimal harvesting of stochastic spatial resources," Journal of Environmental Economics and Management, Elsevier, vol. 56(1), pages 1-18, July.
    7. Anastasios Xepapadeas, 2012. "Diffusion and Spatial Aspects," DEOS Working Papers 1232, Athens University of Economics and Business.
    8. Yamazaki, Satoshi & Jennings, Sarah & Quentin Grafton, R. & Kompas, Tom, 2015. "Are marine reserves and harvest control rules substitutes or complements for rebuilding fisheries?," Resource and Energy Economics, Elsevier, vol. 40(C), pages 1-18.
    9. Asche, Frank & Smith, Martin D., 2010. "Trade and fisheries: Key issues for the World Trade Organization," WTO Staff Working Papers ERSD-2010-03, World Trade Organization (WTO), Economic Research and Statistics Division.
    10. Mukherjee, Zinnia & Segerson, Kathleen, 2015. "Behavioral Response of Fishers to Hypoxia and the Distributional Impact on Harvest," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205108, Agricultural and Applied Economics Association.
    11. Hugo Salgado & Ariel Soto, 2016. "Estimating Biomass Migration Parameters by Analyzing the Spatial Behavior of the Fishing Fleet," Revista de Analisis Economico – Economic Analysis Review, Universidad Alberto Hurtado/School of Economics and Business, vol. 31(1), pages 37-58, April.
    12. Sanchirico, James N., 2005. "Additivity properties in metapopulation models: implications for the assessment of marine reserves," Journal of Environmental Economics and Management, Elsevier, vol. 49(1), pages 1-25, January.
    13. Michael Finus & Raoul Schneider & Pedro Pintassilgo, 2011. "The Incentive Structure of Impure Public Good Provision – The Case of International Fisheries," Discussion Papers 1103, University of Exeter, Department of Economics.
    14. David Aadland & Charles Sims & David Finnoff, 2015. "Spatial Dynamics of Optimal Management in Bioeconomic Systems," Computational Economics, Springer;Society for Computational Economics, vol. 45(4), pages 545-577, April.
    15. 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.
    16. Janmaat, Johannus A., 2005. "Sharing clams: tragedy of an incomplete commons," Journal of Environmental Economics and Management, Elsevier, vol. 49(1), pages 26-51, January.
    17. 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.
    18. Sanchirico, James N. & Wilen, James E., 2005. "Optimal spatial management of renewable resources: matching policy scope to ecosystem scale," Journal of Environmental Economics and Management, Elsevier, vol. 50(1), pages 23-46, July.
    19. Kline, Jeffrey D. & Mazzotta, Marisa J. & Spies, Thomas A. & Harmon, Mark E., 2013. "Applying the Ecosystem Services Concept to Public Land Management," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 42(1), pages 1-20, April.
    20. Michael Finus & Raoul Schneider & Pedro Pintassilgo, 2019. "The Role of Social and Technical Excludability for the Success of Impure Public Good and Common Pool Agreements: The Case of International Fisheries," Graz Economics Papers 2019-12, University of Graz, Department of Economics.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aareaj:162011. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaresea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.