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Optimal Timing of Harvest for the North Carolina Bay Scallop Fishery

Author

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  • Robert L. Kellogg
  • J. E. Easley
  • Thomas Johnson

Abstract

Substantial improvement is possible in economic returns for the North Carolina bay scallop fishery by delaying the opening of the season beyond its traditional date. A general bioeconomic harvesting model was developed for use in determining the optimal season opening/closing schedule for a seasonal fishery with the control specified as an on/off switch. One hundred and twenty separate scenarios were created by setting five exogenous variables to reasonable alternative values. The optimal season is contrasted with the unregulated case for each scenario. The optimal opening was typically two to three weeks later than the model of past practices.

Suggested Citation

  • Robert L. Kellogg & J. E. Easley & Thomas Johnson, 1988. "Optimal Timing of Harvest for the North Carolina Bay Scallop Fishery," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 70(1), pages 50-62.
  • Handle: RePEc:oup:ajagec:v:70:y:1988:i:1:p:50-62.
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    File URL: http://hdl.handle.net/10.2307/1241975
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    Cited by:

    1. Oriade, Caleb A. & Dillon, Carl R., 1997. "Developments in biophysical and bioeconomic simulation of agricultural systems: a review," Agricultural Economics, Blackwell, vol. 17(1), pages 45-58, October.
    2. Oriade, Caleb A. & Dillon, Carl R., 1997. "Developments in biophysical and bioeconomic simulation of agricultural systems: a review," Agricultural Economics of Agricultural Economists, International Association of Agricultural Economists, vol. 17(1), October.
    3. Sherry Larkin & Gil Sylvia, 2004. "Generating Enhanced Fishery Rents by Internalizing Product Quality Characteristics," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 28(1), pages 101-122, May.
    4. Lee, Donna J. & Larkin, Sherry L. & Adams, Charles M., 1998. "Limited Access And Vessel Heterogeneity In Atlantic Pelagic Fisheries: Evaluating Draft Amendment 1 Of The Atlantic Swordfish Fmp," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20922, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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