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Are marine reserves and harvest control rules substitutes or complements for rebuilding fisheries?

Yamazaki, Satoshi; Jennings, Sarah; Kompas, Tom; Grafton, Quentin

Description

Harvest control rules and no-take marine reserves are two management approaches increasingly advocated as effective means of rebuilding depleted fish stocks and averting the collapse of fisheries. We incorporate the two approaches into a bioeconomic model and evaluate how they act as substitutes and/or complements when used together in fisheries stock recovery plans. Simulations ofthe model with estimated parameters from an actual fishery show that the cost of adopting a harvest strategy...[Show more]

CollectionsANU Research Publications
Date published: 2015
Type: Journal article
URI: http://hdl.handle.net/1885/13457
Source: Resource and Energy Economics
DOI: 10.1016/j.reseneeco.2015.01.001

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