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Book Changes in the Value of the Southeast Alaska Salmon Purse Seine Limited Entry Permits Following Two Permit Buy Back Programs

Download or read book Changes in the Value of the Southeast Alaska Salmon Purse Seine Limited Entry Permits Following Two Permit Buy Back Programs written by Jennifer Christine Shriver and published by . This book was released on 2014 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Southeast Alaska salmon purse seine fishery (S01A) is an Alaska state waters limited entry fishery. When initially limited by the Commercial Fisheries Entry Commission in 1975, 419 permanent permits were issued. As salmon prices dropped in the late 1990s, current and expected future revenues also dropped leading to a decline in the market value of permit. This led permitees to look at different ways to improve their economic position. Reduction of permit numbers through the buyback and permanent retirement of some permits emerged as a preferred option for the S01A fishery; it was motivated as the best means to improve economic conditions in the fishery. After a very long road of regulatory changes at the state and federal level, 35 permits were bought and retired in 2008 using funds provided under a federal grant. A second buyback in 2012, based on a federally backed fishery reduction loan led to the retirement of 65 additional permits. Basic economic principles suggest that resulting decrease in supply of limited entry permits would lead to an increase in the market value of remaining permits. An important policy question is: whether the increased value to permitees is sufficient to offset the cost to taxpayers of financing the buyback. However, conducting that cost-benefit assessment is made difficult because of unrelated but concomitant changes in exvessel prices and catch volumes. During the same time that permits were being removed through the buyback, the exvessel value of salmon increased as did the volume of Southeast Alaska salmon harvests, per-vessel average exvessel gross earnings, and the market value of S01A permits. Econometric analyses based on Alaska Commercial Fisheries Entry Commission (CFEC) time series data on S01A permit values, estimated gross earnings, and salmon prices indicate that the buybacks led to statistically significant increases in the asset value of S01A LEPs. In light of the program’s stated goals, the buyback was a qualified success in increasing the asset value of S01A permits and removing latent fishing capacity from returning to the fishery as exvessel prices increased. The buyback did not change the fundamental conditions that precondition the Alaska salmon LEP program to systematic vulnerabilities inherent in a management system that does not counter the pernicious race for fish motivations of participants.

Book Environmental Assessment  Regulatory Impact Review and Final Regulatory Flexibility Analysis for a Fishing Capacity Reduction Program in the Southeast Alaska Purse Seine Salmon Fishery

Download or read book Environmental Assessment Regulatory Impact Review and Final Regulatory Flexibility Analysis for a Fishing Capacity Reduction Program in the Southeast Alaska Purse Seine Salmon Fishery written by and published by . This book was released on 2011 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This is an analysis of the environmental, economic, and social effects of implementing a fishing capacity reduction program for the purse seine salmon fishery occurring in Southeast Alaska. The capacity reduction program would be implemented pursuant to authorizing legislation and applicable provisions of the Magnuson-Stevens Fishery Conservation and Management Act (16 U.S.C. 1861a (b-e)). Two alternatives have been considered: (1) no buyback program and (2) an industry funded buyback program. The environmental issues associated include: the biological environment including the water column and substrate; amount of fish removed, environmental impacts of the gear used to fish, and any incidental taking of a marine mammal, seabird, or prohibited species by the Southeast AK purse seine salmon fishery. Under the buyback program potential impact to the physical and biological environment would not change from the status quo because the amount of fish harvested and gear used to harvest fish would not change. Under the proposed program fewer total vessels would be harvesting fish, however each vessel participating would be using the same gear and would be spending more time at sea so fishing effort would not change"--Cover letter; Portfolio comprised of three related PDF documents digitized and organized by: NOAA Office of Program Planning and Integration (PPI) National Environmental Policy Act (NEPA) staff.

Book North American Journal of Fisheries Management

Download or read book North American Journal of Fisheries Management written by and published by . This book was released on 1984 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Implications of Dual Permit Regulation on the Market Values of Limited Entry Permits in the Bristol Bay Salmon Drift Gillnet Fishery

Download or read book Implications of Dual Permit Regulation on the Market Values of Limited Entry Permits in the Bristol Bay Salmon Drift Gillnet Fishery written by Lange Taylor Solberg and published by . This book was released on 2018 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2003, a regulation allowing two drift salmon permits to actively fish on one fishing vessel was adopted by the Alaska Board of Fisheries. This thesis aims to determine whether the new dual permit regulation impacted the market values for buyers and sellers of limited entry salmon permits beyond inherent noise in the permit price data by estimating a difference-in-differences (DiD) model. I compare monthly average permit prices between the treatment fishery, Bristol Bay, and two control fisheries, Prince William Sound and Area M. I also account for exogenous drivers of fishermen’s perceptions of discounted future profits by controlling for exvessel prices, sockeye salmon run forecasts, and harvests in the DiD regression. Initial results indicate a 51.3% decrease in Bristol Bay permit prices occurred after the regulation was enacted. This result is statistically significant. The model proved to be extremely sensitive to sockeye salmon run forecasts in particular, however; and running the regression without this variable and others create drastically different outcomes that are not statistically significant. The analysis can be improved by future work refining control variables to more accurately reflect the information fishermen have about future profitability in the fishery.

Book Washington State Commercial Salmon Fishery Buyback Programs  1995 1998

Download or read book Washington State Commercial Salmon Fishery Buyback Programs 1995 1998 written by Ben Muse and published by . This book was released on 1999 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Analyzing Factors Affecting Alaska s Salmon Permit Values

Download or read book Analyzing Factors Affecting Alaska s Salmon Permit Values written by Mackenzie D. Wood and published by . This book was released on 2017 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: The effects of total earnings, total costs and mining exploration on permit prices in Alaska are investigated using an autoregressive distributed lag (ARDL) approach to cointegration. I take specific account of regional and gear specific salmon fisheries -- that is, Bristol Bay drift gillnet permits -- in our modelling. I find that there is a stable long-run relationship among permit prices, total earnings, and total costs. It is also found that, in both the short- and long-run, total earnings have a positive and significant relationship with permit prices, while total costs have a negative and significant relationship. Although the mining exploration in the region has a negative and significant effect on permit prices in the short-run, the effect does not seem to last in the long-run.

Book Navigating Troubled Waters

Download or read book Navigating Troubled Waters written by James R. Mackovjak and published by . This book was released on 2010 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Sustaining Alaska s Fisheries

    Book Details:
  • Author : Bob King
  • Publisher : State of Alaska Alaska Department of Fish and Game
  • Release : 2009-01-01
  • ISBN : 9781933375083
  • Pages : 74 pages

Download or read book Sustaining Alaska s Fisheries written by Bob King and published by State of Alaska Alaska Department of Fish and Game. This book was released on 2009-01-01 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: A pictorial retrospective containing stories of visionary pioneers, scientists, and the leaders who have been a part of developing Alaska's sustainable commercial fisheries management principles.

Book Guide to California s Marine Life Management Act

Download or read book Guide to California s Marine Life Management Act written by Michael L. Weber and published by . This book was released on 2000 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Arctic National Wildlife Refuge

Download or read book Arctic National Wildlife Refuge written by U.S. Fish and Wildlife Service. Region 7 and published by . This book was released on 1988 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Marine Fishery Resources

Download or read book Marine Fishery Resources written by Robert Nels Thompson and published by . This book was released on 1972 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Impacts of climate change on fisheries and aquaculture

Download or read book Impacts of climate change on fisheries and aquaculture written by Food and Agriculture Organization of the United Nations and published by Food & Agriculture Org.. This book was released on 2019-01-06 with total page 654 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report indicates that climate change will significantly affect the availability and trade of fish products, especially for those countries most dependent on the sector, and calls for effective adaptation and mitigation actions encompassing food production.

Book Harvest of Fish and Wildlife

Download or read book Harvest of Fish and Wildlife written by Kevin L. Pope and published by CRC Press. This book was released on 2021-06-06 with total page 483 pages. Available in PDF, EPUB and Kindle. Book excerpt: Harvest of Fish and Wildlife: New Paradigms for Sustainable Management unites experts in wildlife and fishery sciences for an interdisciplinary overview of harvest management. This book presents unique insights for embracing the complete social-ecological system to ensure a sustainable future. It educates users on evolutionary and population dynamics; social and political influences; hunter and angler behavior; decision processes; impacts of regulations; and stakeholder involvement. Features: Written by twenty-four teams of leading scientists and managers. Promotes transparent justification for fishing and hunting regulations. Provides examples for integrating decision making into management. Emphasizes creativity in management by integrating art and science. This book appeals to population biologists, evolutionary biologists and social scientists. It is a key resource for on-the-ground managers and research scientists developing harvesting applications. As the book’s contributors explain: “Making decisions that are robust to uncertainty...is a paradigm shift with a lot of potential to improve outcomes for fish and wildlife populations.” –Andrew Tyre and Brigitte Tenhumberg “Temporal shifts in system states...must somehow be anticipated and dealt with to derive harvest policies that remain optimal in the long term.” –Michael Conroy “Proactive, effective management of sportspersons...will be essential in the new paradigm of harvest management.” –Matthew Gruntorad and Christopher Chizinski

Book Code of Federal Regulations

Download or read book Code of Federal Regulations written by and published by . This book was released on 2003 with total page 680 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Marine Mammals Ashore

Download or read book Marine Mammals Ashore written by Joseph R. Geraci and published by National Aquarium in Baltimore. This book was released on 2005 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprehensive manual for understanding and carrying out marine mammal rescue activities for stranded seals, manatees, dolphins, whales, or sea otters.

Book At the Heart of Katmai

    Book Details:
  • Author : Katherine Johnson Ringsmuth
  • Publisher : Department of Interior National Park Service
  • Release : 2013
  • ISBN :
  • Pages : 368 pages

Download or read book At the Heart of Katmai written by Katherine Johnson Ringsmuth and published by Department of Interior National Park Service. This book was released on 2013 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: