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Economic Benefits of Management Reform in the Gulf of Mexico Grouper Fishery: A Semi-parametric Analysis
| Content Provider | Semantic Scholar |
|---|---|
| Author | Weninger, Quinn |
| Copyright Year | 2004 |
| Abstract | This paper uses a semi-parametric empirical model to estimate the economic benefits of adopting a property rights-based management program in the Gulf of Mexico grouper fishery. The analysis predicts that a rights-based fleet will be comprised of fewer, more cost efficient boats than under the current controlled access management program. Results indicate that in the year of our data, 1993, the smaller, more productive fleet could harvest the allowable reef fish catch at a cost saving of $2.92–$7.07 million, 12–30% less than under controlled access management. Recent tightening of controlled access regulations suggest that the benefits from management reform could be even larger in the current day fishery. |
| Starting Page | 479 |
| Ending Page | 497 |
| Page Count | 19 |
| File Format | PDF HTM / HTML |
| DOI | 10.1007/s10640-008-9203-2 |
| Volume Number | 41 |
| Alternate Webpage(s) | http://www2.econ.iastate.edu/research/webpapers/paper_11178_04002.pdf |
| Alternate Webpage(s) | http://www2.econ.iastate.edu/faculty/weninger/documents/Redgrouper8.pdf |
| Alternate Webpage(s) | https://doi.org/10.1007/s10640-008-9203-2 |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
