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Fish, Floods, and Farmers: The Joint Production of Ecosystem Services on a Working Landscape

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  • This paper examines the tradeoffs between the production of crops and habitat for juvenile salmon, through flood events, on the Yolo Bypass floodplain. I investigate how changes in the fishery management institution affect the economic returns to fish habitat. To understand how habitat provision affects the economic surplus of the farmers and fishers, I develop a bioeconomic model of Yolo Bypass agriculture, salmon population, and California ocean fishery. The results reveal large total producer surplus gains from improving habitat management and the natural resource management institution. In contrast with previous studies on open access resources, I find that the gains from habitat management exceed those that arise from improving the management institution. These findings have important policy implications because many fisheries are already regulated.
  • Keywords: Modeling and Economic Theory, Models: Shocks and Sustainability, Fisheries Economics
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  • Garnache, Cloe. 2014. Fish, Floods, and Farmers: The Joint Production of Ecosystem Services on a Working Landscape. In: Towards ecosystem based management of fisheries: what role can economics play?: Proceedings of the Seventeenth Biennial Conference of the International Institute of Fisheries Economics and Trade, July 7-11, 2014, Brisbane, Australia. Complied by Ann L. Shriver & Melissa Errend. Corvallis, OR: International Institute of Fisheries.
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  • Fisheries Research & Development Corporation, World Wildlife Fund, MG Kailis Group, AquaFish Innovation Lab, NOAA Fisheries, The European Association of Fisheries Economists, Japan International Fisheries Research Society, United Nations University, NORAD
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