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Harbor Porpoise Bycatch: ITQs or Time/Area Closures in the New England Gillnet Fishery

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  • Kathryn D. Bisack
  • Jon G. Sutinen

Abstract

The implications of individual transferable quotas (ITQs) for reducing harbor porpoise bycatch in a multi-species fishery are investigated. Our intra-year bioeconomic model incorporates spatial and temporal patterns of abundance and harvest rates of commercial fish species and porpoise. Results indicate that porpoise ITQs, when compared to closures, are more profitable than closures, and distribute effort and profit reductions more evenly across seasons and areas. Price estimates for a unit of porpoise quota ranges from $1,395 to $5,782, for total allowable catches ranging from 951 to 209 porpoise, respectively. Total annual willingness to pay for porpoise quota is approximately $1.25 million.

Suggested Citation

  • Kathryn D. Bisack & Jon G. Sutinen, 2006. "Harbor Porpoise Bycatch: ITQs or Time/Area Closures in the New England Gillnet Fishery," Land Economics, University of Wisconsin Press, vol. 82(1), pages 85-102.
  • Handle: RePEc:uwp:landec:v:82:y:2006:i:1:p:85-102
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    References listed on IDEAS

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    1. Chambers,Robert G., 1988. "Applied Production Analysis," Cambridge Books, Cambridge University Press, number 9780521314275.
    2. Heien, Dale & Wessells, Cathy Roheim, 1990. "Demand Systems Estimation with Microdata: A Censored Regression Approach," Journal of Business & Economic Statistics, American Statistical Association, vol. 8(3), pages 365-371, July.
    3. Martin D. Smith, 2002. "Two Econometric Approaches for Predicting the Spatial Behavior of Renewable Resource Harvesters," Land Economics, University of Wisconsin Press, vol. 78(4), pages 522-538.
    4. Daniel S. Holland & Jon G. Sutinen, 2000. "Location Choice in New England Trawl Fisheries: Old Habits Die Hard," Land Economics, University of Wisconsin Press, vol. 76(1), pages 133-149.
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    Cited by:

    1. Lee, Min-Yang A., 2008. "Whale-watching and Herring Fishing: Joint or Independent Production?," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6086, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Haynie, Alan C. & Hicks, Robert L. & Schnier, Kurt E., 2009. "Common property, information, and cooperation: Commercial fishing in the Bering Sea," Ecological Economics, Elsevier, vol. 69(2), pages 406-413, December.
    3. Zhou, Rong & Segerson, Kathleen, 2014. "Individual vs. Collective Quotas in Fisheries Management: Efficiency and Distributional Impacts," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170601, Agricultural and Applied Economics Association.
    4. Min-Yang Lee, 2014. "Hedonic Pricing of Atlantic Cod: Effects of Size, Freshness, and Gear," Marine Resource Economics, University of Chicago Press, vol. 29(3), pages 259-277.
    5. Reithe, Siv & Armstrong, Claire W. & Flaaten, Ola, 2014. "Marine protected areas in a welfare-based perspective," Marine Policy, Elsevier, vol. 49(C), pages 29-36.
    6. Keita Abe & Christopher M. Anderson & Matthew N. Reimer, 2022. "Catch More to Catch Less: Estimating Timing Choice as Dynamic Bycatch Avoidance Behavior," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 82(4), pages 953-984, August.

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    JEL classification:

    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery

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