An Econometric Market Model for Alaska Sablefish

Sablefish (Anoplopoma fimbria) are distributed from Japan to Baja California. Alaska is the world’s principal supplier of sablefish with the majority of commercial landings occurring in the Gulf of Alaska and the Aleutian Islands. This demersal, long-lived fish is in one of Alaska’s highest value co...

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Bibliographic Details
Main Authors: Warpinski, Stephanie, Herrmann, Mark, Criddle, Keith R., Greenberg, Joshua
Format: Conference Object
Language:English
unknown
Published: North American Association of Fisheries Economists
Subjects:
Fisheries > Economic aspects > Congresses
Sustainable fisheries > Congresses
Fisheries Economics
Catch Shares
Quotas & Market Power
Seafood Markets/Trade
Baja
Gulf of Alaska
Pacific
Alaska
Aleutian Islands
Online Access:https://ir.library.oregonstate.edu/concern/conference_proceedings_or_journals/ms35t9562
Description
Summary:Sablefish (Anoplopoma fimbria) are distributed from Japan to Baja California. Alaska is the world’s principal supplier of sablefish with the majority of commercial landings occurring in the Gulf of Alaska and the Aleutian Islands. This demersal, long-lived fish is in one of Alaska’s highest value commercial fisheries. In terms of both export and ex-vessel prices; the total value of the sablefish fishery is comparable to that of the Pacific halibut fishery. Although sablefish came to be managed under IFQs at the same time as halibut, the outcomes of IFQ implementation in this fishery have not received as much as attention as in the halibut fishery. We have developed a simultaneous equation market model for sablefish and used simulations to examine linkages between harvests, prices and revenues.

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