IDEAS home Printed from https://ideas.repec.org/a/ags/aareaj/118586.html
   My bibliography  Save this article

Optimal management of the New Zealand longfin eel (Anguilla dieffenbachii)

Author

Listed:
  • Doole, Graeme J.

Abstract

Annual recruitment of the NewZealand longfin eel (Anguilla dieffenbachii) hasdecreased by 75 per cent since significant levels of commercial fishing began in the early 1970s. This motivates application of a multiple-cohort bioeconomic model to a New Zealand longfin eel fishery to investigate its optimal management and ascertain the suitability of existing regulatory policy. The use of historical harvest to calculate total allowable catch is asserted to be unsustainable based on recovery dynamics. In addition, individual transferable quota systems are argued to be fundamentally flawed for the protection of longfin fisheries because of high-grading, low-surplus production and a current lack of effective stock-assessment procedures. Area closure and the spatial definition of harvest rights are attractive alternatives given the territoriality of longfins and high larval spillover. The importance of unfished reserves is reinforcedwhen significant uncertainties regarding population strength, harvest intensity and growth dynamics are considered. Restriction of exploitation to older cohorts in fished areas is demonstrated to maximise economic yield.

Suggested Citation

  • Doole, Graeme J., 2005. "Optimal management of the New Zealand longfin eel (Anguilla dieffenbachii)," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 49(4), pages 1-17.
    • Handle: RePEc:ags:aareaj:118586
    DOI: 10.22004/ag.econ.118586
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/118586/files/j.1467-8489.2005.00310.x.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.118586?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Grafton, R. Quentin & Kompas, Tom, 2005. "Uncertainty and the active adaptive management of marine reserves," Marine Policy, Elsevier, vol. 29(5), pages 471-479, September.
    2. Batstone, C J & Sharp, B M H, 1999. "New Zealand's quota management system: the first ten years," Marine Policy, Elsevier, vol. 23(2), pages 177-190, March.
    3. Newell, Richard G. & Sanchirico, James N. & Kerr, Suzi, 2005. "Fishing quota markets," Journal of Environmental Economics and Management, Elsevier, vol. 49(3), pages 437-462, May.
    4. Jon M. Conrad, 1982. "Management of a Multiple Cohort Fishery: The Hard Clam in Great South Bay," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 64(3), pages 463-474.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Holland, Luke M. & Doole, Graeme J., 2014. "Implications of fairness for the design of nitrate leaching policy for heterogeneous New Zealand dairy farms," Agricultural Water Management, Elsevier, vol. 132(C), pages 79-88.
    2. Liu, Yajie & Sumaila, Ussif Rashid & Volpe, John Paul, 2011. "Potential ecological and economic impacts of sea lice from farmed salmon on wild salmon fisheries," Ecological Economics, Elsevier, vol. 70(10), pages 1746-1755, August.
    3. Doole, Graeme J., 2012. "Cost-effective policies for improving water quality by reducing nitrate emissions from diverse dairy farms: An abatement–cost perspective," Agricultural Water Management, Elsevier, vol. 104(C), pages 10-20.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Sanchirico, James & Newell, Richard & Papps, Kerry, 2005. "Asset Pricing in Created Markets for Fishing Quotas," RFF Working Paper Series dp-05-46, Resources for the Future.
    2. Richard G. Newell & Kerry L. Papps & James N. Sanchirico, 2007. "Asset Pricing in Created Markets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 89(2), pages 259-272.
    3. Robert N. Stavins, 2011. "The Problem of the Commons: Still Unsettled after 100 Years," American Economic Review, American Economic Association, vol. 101(1), pages 81-108, February.
    4. Rimsaite, Renata & Fisher-Vanden, Karen A. & Olmstead, Sheila M., 2016. "Price Efficiency in U.S. Water Rights Markets," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 243124, Agricultural and Applied Economics Association.
    5. Eli P. Fenichel & Joshua K. Abbott, 2014. "Natural Capital: From Metaphor to Measurement," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 1(1), pages 1-27.
    6. Suzi Kerr & Richard Newell & Jim Sanchirico, 2003. "Evaluating the New Zealand Individual Transferable Quota Market for Fisheries Management," Others 0309004, University Library of Munich, Germany.
    7. Greenville, Jared W. & MacAulay, T. Gordon, 2006. "A Bioeconomic Analysis of Protected Area use in Fisheries Management," 2006 Annual meeting, July 23-26, Long Beach, CA 21469, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    8. Dafna Eshel, 2005. "Optimal Allocation of Tradable Pollution Rights and Market Structures," Journal of Regulatory Economics, Springer, vol. 28(2), pages 205-223, September.
    9. Doole, Graeme J. & Alexander, Robert R., 2005. "Importance of user cost to the optimal management of multiplecohort fish populations," 2005 Conference (49th), February 9-11, 2005, Coff's Harbour, Australia 137839, Australian Agricultural and Resource Economics Society.
    10. MacGregor, James & Karousakis, Katia & Groom, Ben, 2004. "Using Economic Incentives to Conserve CITES-listed Species: A Scoping Study on ITQs for Sturgeon in the Caspian Sea," Discussion Papers 24139, International Institute for Environment and Development, Environmental Economics Programme.
    11. Sanchirico, James N. & Holland, Daniel & Quigley, Kathryn & Fina, Mark, 2006. "Catch-quota balancing in multispecies individual fishing quotas," Marine Policy, Elsevier, vol. 30(6), pages 767-785, November.
    12. Naylor, Rosamond L., 2004. "Threats to Aquatic Environments: Is Aquaculture a Solution?," 2004: Fish, Aquaculture and Food Security: Sustaining Fish as a Food Supply, 11 August 2004 124070, Crawford Fund.
    13. Christopher Costello & Corbett A. Grainger, 2018. "Property Rights, Regulatory Capture, and Exploitation of Natural Resources," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 5(2), pages 441-479.
    14. Tleubayev, Alisher & Jamali Jaghdani, Tinoush & Götz, Linde & Svanidze, Miranda, 2021. "The relationship between trade policies and macroeconomic adjustments in the Russian cheese market integration," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 22(3), pages 44-68.
    15. Quentin Grafton, R., 2010. "Adaptation to climate change in marine capture fisheries," Marine Policy, Elsevier, vol. 34(3), pages 606-615, May.
    16. Asproudis, Elias & Filippiadis, Eleftherios, 2021. "Bargaining for Community Fishing Quotas," MPRA Paper 107409, University Library of Munich, Germany.
    17. Simon Anastasiadis & Marie-Laure Nauleau & Suzi Kerr & Tim Cox & Kit Rutherford, 2011. "Does Complex Hydrology Require Complex Water Quality Policy? NManager Simulations for Lake Rotorua," Working Papers 11_14, Motu Economic and Public Policy Research.
    18. Rickard, Amelia & Wagner, Jeffrey & Schull, Jonathan, 2017. "Observations on the technology and economics of digital emissions," Technology in Society, Elsevier, vol. 48(C), pages 28-32.
    19. Okumura, Yasunori, 2016. "Individual transferable quotas in Cournot competition," Economic Modelling, Elsevier, vol. 55(C), pages 315-321.
    20. McDermott, Shana M. & Finnoff, David C. & Shogren, Jason F. & Kennedy, Chris J., 2021. "When does natural science uncertainty translate into economic uncertainty?," Ecological Economics, Elsevier, vol. 184(C).

    More about this item

    Keywords

    Resource /Energy Economics and Policy;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aareaj:118586. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaresea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.