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Bioeconomic analysis of protected area use in fisheries management

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  • Jared Greenville
  • Gordon MacAulay

Abstract

Protected areas in fishery management have been suggested to hedge management failures and variation in harvests. In this paper, a stochastic bioeconomic model of a two-species fishery in the Manning Bioregion is used to test the performance of protected areas as a management tool in a fishery. The establishment of a protected area is analysed under the assumption of heterogenous environments that are linked via density-dependent or sink-source stock dispersal relationships. The sensitivity of the results to different degrees of management is also explored. The model is applied to the Ocean Prawn Trawl, and Ocean Trap and Line fisheries within Manning Bioregion in New South Wales, Australia. The focus of the study is placed on the biological and institutional characteristics that yield benefits to the fishery. It was found that protected area use in the Manning Bioregion is likely to have differing effects on the two fisheries examined, benefiting Ocean Trap and Line fishers but adversely affecting Ocean Prawn Trawl fishers. Overall, it is unlikely that protected area use will lead to an increase resource rent in the fishery. Copyright 2007 The Authors Journal compilation 2007 Australian Agricultural and Resource Economics Society Inc. .

Suggested Citation

  • Jared Greenville & Gordon MacAulay, 2007. "Bioeconomic analysis of protected area use in fisheries management," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 51(4), pages 403-424, December.
    • Handle: RePEc:bla:ajarec:v:51:y:2007:i:4:p:403-424
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    References listed on IDEAS

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    1. R. Quentin Grafton & Tom Kompas & Pham Van Ha, 2009. "Cod Today and None Tomorrow: The Economic Value of a Marine Reserve," Land Economics, University of Wisconsin Press, vol. 85(3), pages 454-469.
    2. Greenville, Jared W. & MacAulay, T. Gordon, 2004. "A bioeconomic model of a marine park," 2004 Conference (48th), February 11-13, 2004, Melbourne, Australia 58451, Australian Agricultural and Resource Economics Society.
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    Cited by:

    1. Gómez-Cardona, Santiago, 2022. "Spatial Structure effects on Fisheries Management for Lake Victoria's Nile Perch," Working Papers 0713, University of Heidelberg, Department of Economics.

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