Document Type
Article
Department/Program
Virginia Institute of Marine Science
Publication Date
2004
Journal
Marine Resource Economics
Volume
19
Issue
1
First Page
113
Last Page
129
Abstract
In this paper, we present a spatial model of fishing that can be used to assess some of the economic welfare losses to producers from setting aside essential fish habitat (EFH) areas. The paper demonstrates how spatially explicit behavioral models of fishing are estimated, how these models can be used to measure welfare losses to fishermen, and how these models can then, in turn, be used to simulate fishing behavior. In developing the spatial model of fishing behavior, the work incorporates ideas of congestion and information effects, and we show a modification of standard welfare measures that accounts for these spillover effects. Using this methodology, these effects are traced through to the policy simulations, where we demonstrate how these welfare and predicted shares need to be modified to account for spillover effects from fleet activity.
DOI
Copyright Marine Resource Economics
Recommended Citation
Hicks, Robert L.; Kirkley, James; and Strand, Iver E. Jr., Short-run Welfare Losses from Essential Fish Habitat Designations for the Surfclam and Ocean Quahog Fisheries (2004). Marine Resource Economics, 19(1), 113-129.
Copyright Marine Resource Economics
