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Impact of mangement scenarios and fisheries gear selectivity on the potential economic gains from Namibian hake

Listed author(s):
  • Ussif Rashid Sumaila

This paper develops a model for Namibian hake, which incorporates the biology, gear selectivity and the economics of the hake fisheries in a framework that allows the analysis of fishing gear impacts on the potential economic gains from the resource. The objective is to produce quantitative results on the key variables of the fishery, namely economic rent, standing biomass and catch levels, that will support the optimal sustainable management of one of Namibia's most valuable fishery resources. Outcomes for three management scenarios are produced, (i) command; (ii) cooperative; and (iii) non-cooperative. For each of these, results are presented for two different assumptions of the economic setting under which the managers of the fishery operate, that is, a fully economic setting and a setting with cost-less labor inputs. As would be expected, different management scenarios and assumptions about the economic setting impact on the results derived from the model in significant ways.

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Paper provided by CMI (Chr. Michelsen Institute), Bergen, Norway in its series CMI Working Papers with number WP 1999:3.

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Length: 25 pages
Date of creation: 1999
Handle: RePEc:chm:wpaper:wp1999-3
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