IDEAS home Printed from https://ideas.repec.org/p/pre/wpaper/201627.html
   My bibliography  Save this paper

A Time Series Analysis of Long Island Sound Lobster Fishery

Author

Listed:
  • Zinnia Mukherjee

    (Department of Economics, Simmons College, USA)

  • Dipak K. Dey

    (Department of Statistics, College of Liberal Arts and Sciences, University of Connecticut, USA)

  • Rangan Gupta

    (Department of Economics, University of Pretoria)

Abstract

The formation of hypoxic water zones in marine ecosystems across the world is a growing concern among marine scientists and regulatory agencies that focus on marine resource management. In the United States, a number of water systems such as the Gulf of Mexico, Long Island Sound, and the Chesapeake Bay experience hypoxic conditions annually. Nutrient rich water with excessive nitrogen content is widely recognized as a key anthropogenic cause that lead to development of hypoxic zones. While the dissolved oxygen level indicates the presence of hypoxic water conditions, at any given time, the aquatic nitrogen concentration indicates the possibility of formation of hypoxic zones in future time periods. Hence, understanding the effects of both these variables on current and future fish population is important for improved water quality management and sustainability of marine resources. In this paper, we estimate the temporal effects of these two key variables on lobster harvest from three contiguous fishing zones in the Long Island Sound that vary in ambient water quality. We find there is no contemporaneous effect of these variables on harvest in both the zone that experience hypoxia and the two zone that do not. While there is some evidence of lagged effects of these variables on harvest, no systematic pattern emerges in these effects that distinguishes the hypoxic fishing zone with non-hypoxic zones.

Suggested Citation

  • Zinnia Mukherjee & Dipak K. Dey & Rangan Gupta, 2016. "A Time Series Analysis of Long Island Sound Lobster Fishery," Working Papers 201627, University of Pretoria, Department of Economics.
  • Handle: RePEc:pre:wpaper:201627
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    References listed on IDEAS

    as
    1. Huang, Ling & Smith, Martin D., 2011. "Management of an annual fishery in the presence of ecological stress: The case of shrimp and hypoxia," Ecological Economics, Elsevier, vol. 70(4), pages 688-697, February.
    2. Ribaudo, Marc O. & Heimlich, Ralph & Peters, Mark, 2005. "Nitrogen sources and Gulf hypoxia: potential for environmental credit trading," Ecological Economics, Elsevier, vol. 52(2), pages 159-168, January.
    3. Smith, Martin D. & Crowder, Larry B., 2005. "Valuing Ecosystem Services with Fishery Rents: A Lumped-Parameter Approach to Hypoxia in the Neuse River Estuary," Natural Resources Management Working Papers 12127, Fondazione Eni Enrico Mattei (FEEM).
    4. Martin D. Smith & Larry B. Crowder, 2011. "Valuing Ecosystem Services with Fishery Rents: A Lumped-Parameter Approach to Hypoxia in the Neuse River Estuary," Sustainability, MDPI, vol. 3(11), pages 1-39, November.
    Full references (including those not matched with items on IDEAS)

    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. Zinnia Mukherjee & Dipak K. Dey & Rangan Gupta, 2016. "Time series effects of dissolved oxygen and nitrogen on Long Island Sound lobster harvest," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 84(3), pages 1849-1858, December.
    2. Kroetz, Kailin & Kuwayama, Yusuke & Vexler, Caroline, 2019. "What is a Fish Out of Water? The Economics Behind the Joint Management of Water Resources and Aquatic Species in the United States," RFF Working Paper Series 19-09, Resources for the Future.
    3. H. Spencer Banzhaf & James Boyd, 2012. "The Architecture and Measurement of an Ecosystem Services Index," Sustainability, MDPI, vol. 4(4), pages 1-32, March.
    4. Sergey Rabotyagov & Catherine L. Kling & Philip W. Gassman & Nancy N. Rabalais & R. Eugene Turner, 2012. "Economics of Dead Zones: Linking Externalities from the Land to their Consequences in the Sea, The," Center for Agricultural and Rural Development (CARD) Publications 12-wp534, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    5. 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.
    6. Thanh Viet Nguyen & Lars Ravn-Jonsen & Niels Vestergaard, 2016. "Marginal Damage Cost of Nutrient Enrichment: The Case of the Baltic Sea," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 64(1), pages 109-129, May.
    7. Martin D. Smith, 2007. "Generating Value in Habitat-Dependent Fisheries: The Importance of Fishery Management Institutions," Land Economics, University of Wisconsin Press, vol. 83(1), pages 59-73.
    8. Frans P. Vries & Nick Hanley, 2016. "Incentive-Based Policy Design for Pollution Control and Biodiversity Conservation: A Review," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 63(4), pages 687-702, April.
    9. Ni, Yuanming & Steinshamn, Stein I. & Kvamsdal, Sturla F., 2022. "Negative shocks in an age-structured bioeconomic model and how to deal with them," Economic Analysis and Policy, Elsevier, vol. 76(C), pages 15-30.
    10. Johansson, Robert & Peters, Mark & House, Robert, 2007. "Regional Environment and Agriculture Programming Model," Technical Bulletins 184314, United States Department of Agriculture, Economic Research Service.
    11. Kvamsdal, Sturla F. & Maroto, José M. & Morán, Manuel & Sandal, Leif K., 2020. "Bioeconomic modeling of seasonal fisheries," European Journal of Operational Research, Elsevier, vol. 281(2), pages 332-340.
    12. Yichi Lai & Hao Yang & Feng Qiu & Zixin Dang & Yihan Luo, 2023. "Can Rural Industrial Integration Alleviate Agricultural Non-Point Source Pollution? Evidence from Rural China," Agriculture, MDPI, vol. 13(7), pages 1-18, July.
    13. Chris J. Kennedy & Edward B. Barbier, 2013. "Renewable resource management with environmental prediction: the importance of structural specification," Canadian Journal of Economics, Canadian Economics Association, vol. 46(3), pages 1110-1122, August.
    14. Stephenson, Kurt & Aultman, Stephen & Metcalfe, Todd & Miller, Alex, 2009. "An Evaluation of Nutrient Trading Options in Virginia: A Role for Agriculture?," 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia 46779, Southern Agricultural Economics Association.
    15. Valcu, Adriana & Rabotyagov, Sergey S. & Kling, Catherine L., 2013. "Flexible Practice-Based Approaches For Controlling Multiple Agricultural Nonpoint-Source Water Pollution," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150450, Agricultural and Applied Economics Association.
    16. Anastasios Xepapadeas, 2011. "The Economics of Non-Point-Source Pollution," Annual Review of Resource Economics, Annual Reviews, vol. 3(1), pages 355-373, October.
    17. Dale T. Manning & J. Edward Taylor & James E. Wilen, 2018. "General Equilibrium Tragedy of the Commons," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 69(1), pages 75-101, January.
    18. Howard, Gregory E. & Zhang, Wendong & Valcu-Lisman, Adriana M., 2021. "Evaluating the Efficiency-Participation Tradeoff in Agricultural Conservation Programs: The Effect of Reverse Auctions, Spatial Targeting, and Higher Offered Payments," 2021 Annual Meeting, August 1-3, Austin, Texas 313926, Agricultural and Applied Economics Association.
    19. Qi Fu & Bo Li & Linlin Yang & Zhilong Wu & Xinshi Zhang, 2015. "Ecosystem Services Evaluation and Its Spatial Characteristics in Central Asia’s Arid Regions: A Case Study in Altay Prefecture, China," Sustainability, MDPI, vol. 7(7), pages 1-19, June.
    20. Movafaghi, Olivia S. & Stephenson, Kurt & Taylor, Daniel, 2013. "Farmer Response to Nutrient Credit Trading Opportunities in the Coastal Plain of Virginia," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150414, Agricultural and Applied Economics Association.

    More about this item

    Keywords

    hypoxia; temporal effects; dissolved oxygen; nitrogen; lobster; harvest;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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:pre:wpaper:201627. 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: Rangan Gupta (email available below). General contact details of provider: https://edirc.repec.org/data/decupza.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.