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Felthoven, Ronald G.; Horrace, William C.; Schnier, Kurt E.. |
We use a stochastic production frontier model to investigate the presence of heterogeneous production and its impact on fleet capacity and capacity utilization in a multi-species fishery. Furthermore, we propose a new fleet capacity estimate that incorporates complete information on the stochastic differences between each vessel-specific technical efficiency distribution. Results indicate that ignoring heterogeneity in production technologies within a multi-species fishery, as well as the complete distribution of a vessel's technical efficiency score, may yield erroneous fleet-wide production profiles and estimates of capacity. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Resource /Energy Economics and Policy. |
Ano: 2006 |
URL: http://purl.umn.edu/21276 |
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Hicks, Robert L.; Schnier, Kurt E.. |
This paper examines the impact of dolphin-safe eco-labeling and how it fundamentally altered the spatial distribution of fishing effort and fishermen's willingness to pay to avoid dolphins. To do this, a dynamic discrete choice econometric model is applied to the Eastern Tropical Pacific tuna fishery. This econometric approach combines a dynamic programming component with the static discrete site choice model. This estimator couples the current period projected profits associated with fishing a specific site with the value of all future location choices on the cruise, assuming choices are made optimally. The key feature of this model is that it recovers behavioral parameters and solves the dynamic programming problem recursively. The dynamic site... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental Economics and Policy. |
Ano: 2006 |
URL: http://purl.umn.edu/21290 |
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Holland, Daniel S.; Schnier, Kurt E.. |
Fisheries managers in the United States are required to identify and mitigate the adverse impacts of fishing activity on essential fish habitat (EFH). There are additional concerns that the viability of noncommercial species, animals that are habitat dependent and/or are themselves constituents of fishery habitat may still be threatened. We consider a cap-and-trade system for habitat conservation, individual habitat quotas for fisheries, to achieve habitat conservation and species protection goals cost effectively. Individual quotas of habitat impact units (HIUs) would be distributed to fishers with an aggregate quota set to maintain a target habitat stock of EFH conservation. Using a dynamic, spatially explicit fishery simulation model we explore the... |
Tipo: Working or Discussion Paper |
Palavras-chave: Resource /Energy Economics and Policy. |
Ano: 2005 |
URL: http://purl.umn.edu/12140 |
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