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Diversification or Specialization: The Impact of U.S. West Coast Trawl Rationalization on Multiregional Fishery Participation and Effort Public Deposited

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  • "Rationalization” or the change to catch share management in fisheries has been shown to lead to the slowing of fishing activity, input and effort consolidation, cost savings, as well as new market and product development. The effects of rationalization on fishermen’s behavior become more complex when one accounts for the spillover effects that catch share programs can create in other fisheries and other regions. The possession of secure harvesting privileges in one catch share fishery allows quota shareholders to expand operations in other fisheries since their share of the catch share fishery is protected (a “diversification” effect). However, there is an opportunity cost related to the slowing of the rate of fishing, given that more time spent fishing in the catch share fishery means there will be less time available for fishing elsewhere. Therefore, it is possible that more efficient vessels may expand their operations and specialize in the catch share fishery leaving the selling/lessor vessels to specialize in another fishery and/or region (a “specialization” effect). Which outcome is more likely is an empirical question, which we address by examining the recently implemented U.S. West Coast Groundfish Trawl Catch Share Program. Newly available cost and earnings data, product revenues and prices, and biological stock data allow us to calculate the average marginal effect of changes in West Coast species total allowable catches, prices, and vessel costs on the expected number of days spent fishing in Alaska to quantify the spillover effects of West Coast trawl rationalization on fisheries in Alaska.
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  • Hsueh, Lily and Stephen Kasperski. 2015. Diversification or Specialization: The Impact of U.S. West Coast Trawl Rationalization on Multiregional Fishery Participation and Effort. In: Proceedings of the Eighth Biennial Forum of the North American Association of Fisheries Economists, May 20-22, 2015, Ketchikan, Alaska: Economic Sustainability, Fishing Communities and Working Waterfronts. Compiled by Ann L. Shriver and Melissa Errend. North American Association of Fisheries Economists, Corvallis, Oregon, USA, 2015.
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  • Alaska Sea Grant, North Pacific Fishery Management Council, North Pacific Research Board, Northern Economics, Pollock Conservation Cooperative Research Center, Rasmuson Foundation, University of Alaska Fairbanks, School of Fisheries and Ocean Sciences, University of Alaska Southeast, Ketchikan
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  • description.provenance : Submitted by Melissa Errend (melissa.errend@gmail.com) on 2015-10-30T17:45:32Z No. of bitstreams: 1 Kasperski 85 NAAFE 2015.pdf: 1130504 bytes, checksum: d09796383a4aacd67da39c4c0ffce8d0 (MD5)
  • description.provenance : Made available in DSpace on 2015-11-02T16:53:59Z (GMT). No. of bitstreams: 1 Kasperski 85 NAAFE 2015.pdf: 1130504 bytes, checksum: d09796383a4aacd67da39c4c0ffce8d0 (MD5) Previous issue date: 2015-05
  • description.provenance : Approved for entry into archive by Susan Gilmont(susan.gilmont@orst.edu) on 2015-11-02T16:53:59Z (GMT) No. of bitstreams: 1 Kasperski 85 NAAFE 2015.pdf: 1130504 bytes, checksum: d09796383a4aacd67da39c4c0ffce8d0 (MD5)

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