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Volume 04, Number 1, 1987 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/47996
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| Title: | Optimal Levels for Canada's Pacific Halibut Catch |
| Authors: | Cook, Beverly A.
Copes, Parzival |
| Issue Date: | 1987 |
| Series/Report no.: | Marine Resource Economics
Vol. 4 No. 1 |
| Abstract: | The exclusion from U.S. waters since 1981 has greatly reduced the harvest potential for Canada's Pacific halibut fleet, making it particularly important that halibut resources in the Canadian zone he exploited at optimal levels. This paper provides a bioeconomic analysis of the joint-stock fishery in Area 2 convention waters. Using Canadian cost and revenue relationships,
optimal harvesting levels are established according to three different criteria,
including not only the maximization of resource rent, but also the maximization
of a more inclusive social surplus and the maximization of benefits for the harvesting sector. Estimates are made of halibut demand, as well as yield-effort and cost-effort relationships in order to calculate the various optima. The implications of this analysis for a Canadian fleet confined to the Canadian 200-mile zone of Area 2 are then discussed. |
| URI: | http://purl.umn.edu/47996 |
| Identifiers: | 0738-1360 |
| Institution/Association: | Marine Resource Economics>Volume 04, Number 1, 1987 |
| Total Pages: | 17 |
| From Page: | 45 |
| To Page: | 61 |
| Collections: | Volume 04, Number 1, 1987
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| 8175712.pdf | | 4656Kb | PDF | View/Open |
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