Walking a Tight Line:Management of a New Arctic Fishery in the Presence of Spatially Differentiated Ecological Economic Externalities
This paper focuses on bioeconomic modelling of the invasive Red King Crab (RKC) in the Barents Sea. The RKC was introduced into the Barents Sea by Russia for marine cultivation and spread westward to Norwegian waters. We investigate the impact of harvesting management decisions pursued jointly and i...
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University of Washington
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ftsydanskunivpub:oai:sdu.dk:publications/61a2b528-d9ec-459b-bf17-0d8ff5854565 2024-05-19T07:33:24+00:00 Walking a Tight Line:Management of a New Arctic Fishery in the Presence of Spatially Differentiated Ecological Economic Externalities Fernandez, Linda Kaiser, Brooks Kourantidou , Melina 2018 https://portal.findresearcher.sdu.dk/da/publications/61a2b528-d9ec-459b-bf17-0d8ff5854565 http://www.xcdsystem.com/iifet/files/IIFET_Abstracts_Author.pdf eng eng University of Washington https://portal.findresearcher.sdu.dk/da/publications/61a2b528-d9ec-459b-bf17-0d8ff5854565 info:eu-repo/semantics/openAccess Fernandez , L , Kaiser , B & Kourantidou , M 2018 , Walking a Tight Line : Management of a New Arctic Fishery in the Presence of Spatially Differentiated Ecological Economic Externalities . in Book of Abstracts : 2018 Biennial Conference of the International Institute of Fisheries Economics and Trade: Adapting to a Changing World: Challenges and Opportunities . University of Washington , pp. 108 , IIFET 2018 - International Institute of Fisheries Economics & Trade , Seattle , United States , 16/07/2018 . < http://www.xcdsystem.com/iifet/files/IIFET_Abstracts_Author.pdf > conferenceObject 2018 ftsydanskunivpub 2024-05-01T00:26:29Z This paper focuses on bioeconomic modelling of the invasive Red King Crab (RKC) in the Barents Sea. The RKC was introduced into the Barents Sea by Russia for marine cultivation and spread westward to Norwegian waters. We investigate the impact of harvesting management decisions pursued jointly and independently by Russia and Norway. While previous RKC literature models focus on one jurisdiction, we analyze an international setting and account for the management changes that have occurred over time. Historical management of RKC in the Barents by the two nations reflects different output market choices (Russia’s large scale offshore fishing versus Norway’s small scale frozen and live crab fishery) and assumptions about the costs to the benthic ecosystem from the invasion. Since costs of invasion are quantitatively uncertain, the model uses stochastic specification along with ecological parameters from the literature and nonmarket valuation studies. We examine changes in RKC harvest from asymmetric incentives between Russia and Norway for managing the fishery under cooperation and noncooperation that has evolved over time. The asymmetric incentives include a diversified RKC stock supply for Russia away from the Barents, varied harvesting costs, and preferences for ecological amenities between the two countries. We discuss the potential impact of spatial containment of RKC in Norway along with the comparison of noncooperation and cooperation between Russia and Norway. This research sheds light on the economic and ecological tradeoffs faced in rapidly changing Arctic waters and the challenges presented by transboundary resources with differing net benefits to difference groups. Conference Object Arctic Arctic Barents Sea Red king crab University of Southern Denmark Research Portal |
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University of Southern Denmark Research Portal |
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ftsydanskunivpub |
language |
English |
description |
This paper focuses on bioeconomic modelling of the invasive Red King Crab (RKC) in the Barents Sea. The RKC was introduced into the Barents Sea by Russia for marine cultivation and spread westward to Norwegian waters. We investigate the impact of harvesting management decisions pursued jointly and independently by Russia and Norway. While previous RKC literature models focus on one jurisdiction, we analyze an international setting and account for the management changes that have occurred over time. Historical management of RKC in the Barents by the two nations reflects different output market choices (Russia’s large scale offshore fishing versus Norway’s small scale frozen and live crab fishery) and assumptions about the costs to the benthic ecosystem from the invasion. Since costs of invasion are quantitatively uncertain, the model uses stochastic specification along with ecological parameters from the literature and nonmarket valuation studies. We examine changes in RKC harvest from asymmetric incentives between Russia and Norway for managing the fishery under cooperation and noncooperation that has evolved over time. The asymmetric incentives include a diversified RKC stock supply for Russia away from the Barents, varied harvesting costs, and preferences for ecological amenities between the two countries. We discuss the potential impact of spatial containment of RKC in Norway along with the comparison of noncooperation and cooperation between Russia and Norway. This research sheds light on the economic and ecological tradeoffs faced in rapidly changing Arctic waters and the challenges presented by transboundary resources with differing net benefits to difference groups. |
format |
Conference Object |
author |
Fernandez, Linda Kaiser, Brooks Kourantidou , Melina |
spellingShingle |
Fernandez, Linda Kaiser, Brooks Kourantidou , Melina Walking a Tight Line:Management of a New Arctic Fishery in the Presence of Spatially Differentiated Ecological Economic Externalities |
author_facet |
Fernandez, Linda Kaiser, Brooks Kourantidou , Melina |
author_sort |
Fernandez, Linda |
title |
Walking a Tight Line:Management of a New Arctic Fishery in the Presence of Spatially Differentiated Ecological Economic Externalities |
title_short |
Walking a Tight Line:Management of a New Arctic Fishery in the Presence of Spatially Differentiated Ecological Economic Externalities |
title_full |
Walking a Tight Line:Management of a New Arctic Fishery in the Presence of Spatially Differentiated Ecological Economic Externalities |
title_fullStr |
Walking a Tight Line:Management of a New Arctic Fishery in the Presence of Spatially Differentiated Ecological Economic Externalities |
title_full_unstemmed |
Walking a Tight Line:Management of a New Arctic Fishery in the Presence of Spatially Differentiated Ecological Economic Externalities |
title_sort |
walking a tight line:management of a new arctic fishery in the presence of spatially differentiated ecological economic externalities |
publisher |
University of Washington |
publishDate |
2018 |
url |
https://portal.findresearcher.sdu.dk/da/publications/61a2b528-d9ec-459b-bf17-0d8ff5854565 http://www.xcdsystem.com/iifet/files/IIFET_Abstracts_Author.pdf |
genre |
Arctic Arctic Barents Sea Red king crab |
genre_facet |
Arctic Arctic Barents Sea Red king crab |
op_source |
Fernandez , L , Kaiser , B & Kourantidou , M 2018 , Walking a Tight Line : Management of a New Arctic Fishery in the Presence of Spatially Differentiated Ecological Economic Externalities . in Book of Abstracts : 2018 Biennial Conference of the International Institute of Fisheries Economics and Trade: Adapting to a Changing World: Challenges and Opportunities . University of Washington , pp. 108 , IIFET 2018 - International Institute of Fisheries Economics & Trade , Seattle , United States , 16/07/2018 . < http://www.xcdsystem.com/iifet/files/IIFET_Abstracts_Author.pdf > |
op_relation |
https://portal.findresearcher.sdu.dk/da/publications/61a2b528-d9ec-459b-bf17-0d8ff5854565 |
op_rights |
info:eu-repo/semantics/openAccess |
_version_ |
1799471457116356608 |