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Protected areas in fisheries: a two-patch, two-species model

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  • Greenville, Jared W.
  • MacAulay, T. Gordon

Abstract

The use of marine protected areas as a fishery management tool has been suggested as a hedge against management failures and variation in harvests. A stochastic bioeconomic model of a hypothetical predator–prey fishery is used to test the performance of protected areas in a fishery with heterogenous environments. Protected areas are analysed under density-dependent and sink-source dispersal relationships between the subpopulations that occur within the fishery. Differing management structures governing resource extraction are analysed. The focus of the study is placed on the biological and management characteristics that yield benefits to both fishers and society. It is shown that the establishment of a protected area improves fishery rent and lowers harvest variation. This result is sensitive to both current management controls and the correlation between species and patches.

Suggested Citation

  • Greenville, Jared W. & MacAulay, T. Gordon, 2006. "Protected areas in fisheries: a two-patch, two-species model," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 50(2), pages 1-20, June.
    • Handle: RePEc:ags:aareaj:116924
    DOI: 10.22004/ag.econ.116924
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    Cited by:

    1. Auger, Pierre & Kooi, Bob & Moussaoui, Ali, 2022. "Increase of maximum sustainable yield for fishery in two patches with fast migration," Ecological Modelling, Elsevier, vol. 467(C).
    2. Greenville, Jared W. & MacAulay, T. Gordon, 2006. "Protected Areas and the Management of Fisheries: An Institutional Perspective," 2006 Conference (50th), February 8-10, 2006, Sydney, Australia 139739, Australian Agricultural and Resource Economics Society.
    3. Ives, M.C. & Scandol, J.P. & Greenville, J., 2013. "A bio-economic management strategy evaluation for a multi-species, multi-fleet fishery facing a world of uncertainty," Ecological Modelling, Elsevier, vol. 256(C), pages 69-84.

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