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Modelling the economic consequences of Marine Protected Areas using the BEMCOM model

Author

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  • A. Hoff

  • J. Andersen
  • A. Christensen
  • H. Mosegaard

Abstract

This paper introduces and describes in detail the bioeconomic optimization model BEMCOM (BioEconomic Model to evaluate the COnsequences of Marine protected areas) that has been developed to assess the economic effects of introducing Marine Protected Areas (MPA) for fisheries. BEMCOM answers the question ‘what’s best?’, i.e. finds the overall optimal effort allocation, from an economic point of view, between multiple harvesting fleets fishing under a subset of restrictions on catches and effort levels. The BEMCOM model is described and applied to the case of the Danish sandeel fishery in the North Sea. It has several times been suggested to close parts of the sandeel fishery in the North Sea out of concern for other species feeding on sandeel and/or spawning in the sandeel habitats. The economic effects of such closures have been assessed using BEMCOM. The results indicate that the model yields reliable estimates of the effect of MPAs, and can thus be a valuable tool when deciding where to locate MPA. Copyright Springer Science+Business Media, LLC. 2013

Suggested Citation

  • A. Hoff & J. Andersen & A. Christensen & H. Mosegaard, 2013. "Modelling the economic consequences of Marine Protected Areas using the BEMCOM model," Journal of Bioeconomics, Springer, vol. 15(3), pages 305-323, October.
    • Handle: RePEc:kap:jbioec:v:15:y:2013:i:3:p:305-323
    DOI: 10.1007/s10818-012-9135-3
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    References listed on IDEAS

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    1. Gorka Merino & Francesc Maynou & Jean Boncoeur, 2009. "Bioeconomic model for a three-zone Marine Protected Area: a case study of Medes Islands (northwest Mediterranean)," Post-Print hal-00358115, HAL.
    2. Guillermo E. Herrera, 2007. "Dynamic Use of Closures and Imperfectly Enforced Quotas in a Metapopulation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 89(1), pages 176-189.
    3. 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.
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    JEL classification:

    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery
    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation

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