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Consumption Externalities in a Commercial Fishery: the Queensland Beam Trawl Fishery

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  • H.F. CAMPBELL
  • C.R.M. REID

Abstract

Demand and contingent valuation models are used to analyze survey data obtained from a sample of recreational boat and shore fishers in southern Queensland. The value of the recreational fishery to the average fisher in the sample and the value of marginal increases in catches of target species are estimated. These estimates are used to calculate the value of Pigovian taxes representing the marginal cost of catch and congestion externalities imposed by the beam trawl fishery on the recreational fishery. The results suggest that the cost of these externalities does not justify the closure of the beam trawl fishery.

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  • H.F. Campbell & C.R.M. Reid, 2000. "Consumption Externalities in a Commercial Fishery: the Queensland Beam Trawl Fishery," The Economic Record, The Economic Society of Australia, vol. 76(232), pages 1-14, March.
    • Handle: RePEc:bla:ecorec:v:76:y:2000:i:232:p:1-14
    DOI: 10.1111/j.1475-4932.2000.tb00001.x
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    References listed on IDEAS

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    5. Trudy Ann Cameron & Michelle D. James, 1986. "The Determinants of Value for a Recreational Fishing Day: Estimates from a Contingent Valuation Survey," UCLA Economics Working Papers 405, UCLA Department of Economics.
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    7. H. Scott Gordon, 1954. "The Economic Theory of a Common-Property Resource: The Fishery," Journal of Political Economy, University of Chicago Press, vol. 62(2), pages 124-124.
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    2. Tuan, Tran Hu & Lindhjem, Henrik, 2008. "Meta-analysis of nature conservation values in Asia & Oceania: Data heterogeneity and benefit transfer issues," MPRA Paper 11470, University Library of Munich, Germany.

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