Document Type

Working Paper

Publication Date

8-10-2009

Working Paper Number

WP #09032, August 2009; Old working paper #31848

Abstract

Models of fishing behavior rarely incorporate the complexities of marine ecosystems, multiple-stock harvest technologies, and regulations present in real world marine fisheries. We introduce a structural model of a multi-species, weak-output-disposability harvest technology. A latent target-cost-minimizing share vector is estimated to link the technology to a spatially and temporally heterogeneous fish stock. Data from the Gulf of Mexico reef fish fishery is used to estimate the model. The results provide a robust characterization of harvest and discard behavior across space and time. Our approach considerably improves methods used to study fishing behavior and evaluate alternative fisheries management policies.

JEL Classification

Q2, Q22

File Format

application/pdf

Length

40 pages

Included in

Economics Commons

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