Modeling the Impact of Days at Sea Leasing in the Northeast Multispecies Fishery

Abstract

This paper presents a preliminary economic analysis of the impact of implementing a days at sea leasing system in the Northeast Multispecies Groundfish Fishery. Linear and non-linear programming techniques were used to estimate days at sea lease prices and evaluate profits, vessel activity, fishing effort, crew employment and changes in harvest levels compared to a system in which vessels utilize their full days-at-sea allocation and to actual performance in 2001. (Click here for the paper)

Source: Walden, J.B. 2003. “Modeling the impact of days at sea leasing in the Northeast multispecies fishery.” Presented at the 2003 North American Association of Fisheries Economists (NAAFE) Conference, May 4-7, 2003, Williamsburg, VA.

For more information, please contact: John.Walden@noaa.gov