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Factors that influence the entry–exit decision and intensity of participation of fishing fleet for the Galapagos lobster fishery

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  • Bucaram, Santiago J.
  • Hearn, Alex

Abstract

The Galapagos Islands are a prime example of a place where fishery management policies have been established without first understanding the behavior of fishermen. Since the creation of the Galapagos Marine Reserve in 1998, there has not been a single study in the archipelago that investigates fishing behavior and the factors affecting this behavior. This paper addresses this gap in the literature by describing and analyzing the decisions of the fishing fleet for the red spiny lobster fishery. It focuses on factors that affect the short-term decisions regarding both participation and intensity of participation in the lobster fishery. This paper finds that the fishing fleet in the Galapagos Islands behaves as profit maximizing firms, because they consider all the benefits and costs that affect both their participation decision as well as their decision about how frequently to be active after they have decided to participate. The results also show that there is a large latent effort in the lobster fisheries that could threaten the sustainability of any initiatives aimed at increasing catchability, prices, or markets. It is expected that this analysis will be valuable to policy makers when designing or improving the management plans for Galapagos fisheries.

Suggested Citation

  • Bucaram, Santiago J. & Hearn, Alex, 2014. "Factors that influence the entry–exit decision and intensity of participation of fishing fleet for the Galapagos lobster fishery," Marine Policy, Elsevier, vol. 43(C), pages 80-88.
    • Handle: RePEc:eee:marpol:v:43:y:2014:i:c:p:80-88
    DOI: 10.1016/j.marpol.2013.05.005
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    References listed on IDEAS

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    2. Jones, Peter JS Dr, 2013. "A Governance Analysis of the Galápagos Marine Reserve," MarXiv ymg9c, Center for Open Science.
    3. Clark, Colin W. & Munro, Gordon R. & Sumaila, Ussif Rashid, 2005. "Subsidies, buybacks, and sustainable fisheries," Journal of Environmental Economics and Management, Elsevier, vol. 50(1), pages 47-58, July.
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    5. Castrejón, Mauricio & Charles, Anthony, 2013. "Improving fisheries co-management through ecosystem-based spatial management: The Galapagos Marine Reserve," Marine Policy, Elsevier, vol. 38(C), pages 235-245.
    6. Heckman, James, 2013. "Sample selection bias as a specification error," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 31(3), pages 129-137.
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    Cited by:

    1. Mauricio Castrejón & Anthony Charles, 2020. "Human and climatic drivers affect spatial fishing patterns in a multiple-use marine protected area: The Galapagos Marine Reserve," PLOS ONE, Public Library of Science, vol. 15(1), pages 1-32, January.
    2. Andrés Pazmiño & Silvia Serrao-Neumann & Darryl Low Choy, 2018. "Towards Comprehensive Policy Integration for the Sustainability of Small Islands: A Landscape-Scale Planning Approach for the Galápagos Islands," Sustainability, MDPI, vol. 10(4), pages 1-29, April.

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