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Evaluating Changes in Total Factor Productivity in the Amendment 80 Catcher/Processor Fishery

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Abstract
  • Amendment 80 of the Bering & Sea Aleutian Island Groundfish Fisheries Management Plan instituted groundfish retention standards (GRS) with the goal of reducing discards, which had been historically high for a particular fleet. The GRS continue to be a subject of regulatory attention as recent discard levels are markedly below the GRS targets. Coincident with the implementation of the GRS an economic cost-data collection program was established which will enable us to estimate the impact of these regulatory changes on the Amendment 80 fleet. Using the aggregate-quantity-price index framework of O'Donnell (2012a, 2012b) this paper explores the relationships among technologies, regulations and behavior as well as develops empirical estimates of the effects of groundfish retention standards on net revenues, productivity, and efficiency in the Amendment 80 fishery.
  • Keywords: Markets and Trade, Fisheries Economics, Markets: Related Markets Analysis
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  • Fissel, Benjamin. 2014. Evaluating Changes in Total Factor Productivity in the Amendment 80 Catcher/Processor Fishery. 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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