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A Multiregional Approach for Estimating the Economic Impact of Harvest Restrictions on Saltwater Sportfishing
Author(s) -
Seung Chang K.,
Lew Daniel K.
Publication year - 2017
Publication title -
north american journal of fisheries management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.587
H-Index - 72
eISSN - 1548-8675
pISSN - 0275-5947
DOI - 10.1080/02755947.2017.1345808
Subject(s) - fishing , recreation , computable general equilibrium , economic impact analysis , economic model , recreational fishing , geography , fishery , economic analysis , economics , natural resource economics , ecology , agricultural economics , macroeconomics , biology , microeconomics
Previous economic impact studies associated with recreational fishing have used models that ignore impacts occurring outside of the modeled region. This study develops a multiregional computable general equilibrium (MRCGE) model to evaluate the economic effects across multiple regions resulting from changing limits on sport anglers’ harvest of several important species in Alaska. Fishing participation changes arising due to changes in the limits are predicted from a stated‐preference model. Next, an MRCGE model is used to estimate the economic effects in Alaska, the U.S. West Coast, and rest of the United States. By accounting for the economic linkages among the three regions, this study shows the importance of multiregional approaches for more accurately measuring economic impacts even when fishery managers may only be concerned about the economic, social, and biological effects occurring in the primary region. Received January 25, 2017; accepted June 16, 2017 Published online September 5, 2017