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A Revenue Analysis of the Alaska Pink Salmon Fishery
Author(s) -
Herrmann Mark,
Greenberg Joshua A.
Publication year - 1994
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 - 10.1577/1548-8675(1994)014<0537:araota>2.3.co;2
Subject(s) - oncorhynchus , fishery , revenue , hatchery , chinook wind , fish <actinopterygii> , production (economics) , fish hatchery , business , fish farming , aquaculture , economics , biology , finance , macroeconomics
The Alaska salmon industry is suffering from declining prices due to an increasing supply of salmon worldwide, This has led to a much‐needed economic evaluation of the Alaska salmon enhancement program and especially of the hatchery system for pink salmon Oncorhynchus gorbuscha . An econometric model of world salmon markets was used to evaluate possible future pink salmon enhancement production scenarios, as requested by the Alaska State Legislature and the Alaska Department of Fish and Game, Results of this model, based on point estimates, indicate that if pink salmon production for enhancement were decreased, revenues to pink salmon fishers in Alaska would rise, although there would be regional differences. However, a complete elimination of the Alaska salmon enhancement program would decrease revenues.