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Marine Resource Economics >
Volume 03, Number 4, 1986 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/47986
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| Title: | Potential Economic Benefits and Optimum Fleet Size in the Pacific Coast Trawl Fleet |
| Authors: | Huppert, Daniel D.
Squires, Dale |
| Issue Date: | 1986 |
| Series/Report no.: | Marine Resource Economics
Vol. 3 No. 4 |
| Abstract: | Limiting entry to the Pacific coast groundfish fishery poses two principal questions: (1) How large are the potential economic returns under limited access management? and (2) Will the economic benefits exceed the program costs plus costs associated with transitory dislocations in the fishery? This paper reports on a partial evaluation of the first question, based on a mixed integer programming model that computes
optimum fleet size, fishing effort configuration, and associated economic surplus. The multispecies fishery, economic
parameters, annual harvest constraints, and summary results are presented. Overall, a maximum economic profit of about $12 million can be generated by a trawl fleet that is about 38 percent smaller than the baseline 1984 fleet with a 23 percent reduction in weeks fished. Another important conclusion is
that economic profits would suffer if fishing vessels are prevented from shifting among groundfish, pink shrimp, and joint
venture fisheries. |
| URI: | http://purl.umn.edu/47986 |
| Identifiers: | 0738-1360 |
| Institution/Association: | Marine Resource Economics>Volume 03, Number 4, 1986 |
| Total Pages: | 22 |
| From Page: | 297 |
| To Page: | 318 |
| Collections: | Volume 03, Number 4, 1986
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| 8175701.pdf | | 5125Kb | PDF | View/Open |
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