Spillovers in regional fisheries management: Do catch shares cause leakage?
Journal Article (Journal Article)
Regional councils manage U.S. fisheries. Fishermen can participate in fisheries managed by multiple councils, and effort controls in one region could lead to effort leakage into another. Theoretical modeling demonstrates that positive, negative, and no leakage are possible. Using difference-in-differences, we test for leakage across regional boundaries for a catch share program in New England and find evidence that the New England groundfish sector program caused spillover into adjacent Mid-Atlantic fisheries. Aggregate Mid-Atlantic harvest volume increased among sector members after the policy change. We find leakage in individual fisheries with similar gear and high market substitutability with sector species.
Full Text
Duke Authors
Cited Authors
- Cunningham, S; Bennear, LS; Smith, MD
Published Date
- May 1, 2016
Published In
Volume / Issue
- 92 / 2
Start / End Page
- 344 - 362
International Standard Serial Number (ISSN)
- 0023-7639
Digital Object Identifier (DOI)
- 10.3368/le.92.2.344
Citation Source
- Scopus