Economic analysis in support of fishery management

January 2006

Effective fishery management requires a sound understanding of how fishing behavior is affected by biological, regulatory and market factors. The Fisheries Economics Team’s efforts in this regard include analyses of existing fishery data, as well as analyses of original data collected by the Team.

The Team is developing multi-fishery network models that identify linkages among fisheries (as substitute and complementary activities), as well as linkages of each fishery to processing and other types of economic activity in fishing communities. This modeling effort, which encompasses all California fisheries (not just PFMC-managed fisheries), is intended to help address National Standard 8 of the MSFCMA.

The Team is routinely involved in a number of aspects of economic data collection - including questionnaire design, statistically-based sampling methods and monitoring of data collection activities. Completed projects include economic surveys of marine recreational anglers, commercial passenger fishing vessel operators, and freshwater salmon and steelhead anglers in California. The Team is currently working on implementation of an economic logbook for California’s commercial nearshore groundfish fishery.

The Team’s research on the commercial groundfish and salmon fisheries includes estimation of fishery investment and participation models using "real options" techniques from financial economics. The Team is also developing a Bayesian hierarchical approach to measuring technical efficiency.

The Team’s recreational fishery research focuses largely on discrete choice models of angler behavior and estimation of the economic value and economic impacts of recreational fisheries - including marine (all species) and freshwater (salmon and steelhead) fisheries.

Contact: SWFSC Fisheries Ecology Division, Fisheries Economics

Last modified: 12/24/2014