Long-run management of Greenland's fishery on Greenland halibut (Reinhardtius hippoglossoides)
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Long-run management of Greenland's fishery on Greenland halibut (Reinhardtius hippoglossoides). / Jensen, Frank; Hoff, Ayoe; Jacobsen, Jette Bredahl; Meilby, Henrik.
I: Environment and Development Economics, Bind 29, Nr. 1, 2024, s. 39-62.Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › fagfællebedømt
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TY - JOUR
T1 - Long-run management of Greenland's fishery on Greenland halibut (Reinhardtius hippoglossoides)
AU - Jensen, Frank
AU - Hoff, Ayoe
AU - Jacobsen, Jette Bredahl
AU - Meilby, Henrik
N1 - Publisher Copyright: Copyright © The Author(s), 2023. Published by Cambridge University Press.
PY - 2024
Y1 - 2024
N2 - In this paper, we consider four scenarios for economic optimal management of a fisheries resource by a high sea and coastal fleet segment. These scenarios differ with respect to whether a common or two separate fish stocks are considered and whether the profit from land-based processing is included. The model is parametrized using the Greenland halibut fishery on the west coast of Greenland as an empirical case. For this fishery, we show that the relative ranking of the optimal high sea industry harvest and profit compared to the coastal industry harvest and profit depends on the chosen scenario. When comparing the scenarios for optimal management and the actual situation, we find that the fish stock tends to be overexploited.
AB - In this paper, we consider four scenarios for economic optimal management of a fisheries resource by a high sea and coastal fleet segment. These scenarios differ with respect to whether a common or two separate fish stocks are considered and whether the profit from land-based processing is included. The model is parametrized using the Greenland halibut fishery on the west coast of Greenland as an empirical case. For this fishery, we show that the relative ranking of the optimal high sea industry harvest and profit compared to the coastal industry harvest and profit depends on the chosen scenario. When comparing the scenarios for optimal management and the actual situation, we find that the fish stock tends to be overexploited.
KW - coastal vessels
KW - Greenland halibut
KW - high sea vessels
KW - optimal management
U2 - 10.1017/S1355770X23000128
DO - 10.1017/S1355770X23000128
M3 - Journal article
AN - SCOPUS:85179118800
VL - 29
SP - 39
EP - 62
JO - Environment and Development Economics
JF - Environment and Development Economics
SN - 1355-770X
IS - 1
ER -
ID: 376298037