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Bioeconomic Implications of Six Harvest Rules for Northeast Arctic Cod

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Abstract
  • This is a study on economic implications of the 3 year harvest control rule (HCR) for the Northeast Arctic cod stock, decided in November 2002 by the Joint Norwegian-Russian Fisheries Commission. Outcomes of this rule are compared to those of five other rules, including the previous one based on a 1 year quota decision. Results are measured by six indicators; three economic, two biological and one management indicator. A previous study showed that for the period 2005-2008, the Precautionary approach (Fpa = 0.40) and 3 year TAC rule agreed in 2002 implied an increase in both spawning stock (SSB) and total fishable stock, SB(3+), at the expense of all economic indicators, when compared to five other HCRs. The same trend we can observe in this analysis of the years 2005-2034.
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  • Eide, Arne, Guri Hjallen Eriksen and Ola Flaaten. 2006. Bioeconomic Implications of Six Harvest Rules for Northeast Arctic Cod. In: Proceedings of the Thirteenth Biennial Conference of the International Institute of Fisheries Economics & Trade, July 11-14, 2006, Portsmouth, UK: Rebuilding Fisheries in an Uncertain Environment. Compiled by Ann L. Shriver. International Institute of Fisheries Economics & Trade, Corvallis, Oregon, USA, 2006. CD ROM. ISBN 0-9763432-3-1
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  • The National Oceanic & Atmospheric Administration Marine Fisheries Service, United States Department of Commerce (NOAA Fisheries); United Kingdom Department for Environment, Food and Rural Affairs (DEFRA); The United States Agency for International Development supported Aquaculture Collaborative Research and Support Program (ACRSP).
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