Valuing water quality changes using a bioeconomic model of a coastal
This paper develops and applies a structural bioeconomic model of a coastal
recreational fishery. We combine a dynamic fish population model, a statistical
model of angler catch rates, and a recreation demand model to estimate
the value of water quality changes for the Atlantic Coast summer flounder
fishery. The model predicts that improving water quality conditions in
Maryland's coastal bays alone would have relatively small impacts on the
fishery as a whole. However, water quality improvements throughout the
range of the species could lead to substantial increases in fish abundance
and associated benefits to recreational anglers from increased catch rates.
We also estimate an alternative version of the catch function, with no
direct measure of fish abundance included, and we compare results from
this “reduced form” approach to results from our structural
Massey, M., Newbold, S. and B. Gentner. 2006.
"Valuing water quality changes using a bioeconomic model
of a coastal recreational fishery." Journal of Environmental
Economics and Managment, 52(1): 482-500.
For more information, please contact: Sabrina Lovell