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Effort dynamics and alternative management policies for the small pelagic fisheries of northwest Peninsular Malaysia


Citation

Tai, Shzee Yew and Heaps, Terry (1996) Effort dynamics and alternative management policies for the small pelagic fisheries of northwest Peninsular Malaysia. Marine Resource Economics, 11 (2). pp. 85-103. ISSN 0738-1360; ESSN: 2334-5985

Abstract / Synopsis

The dynamics of fish stocks are an important consideration in determining appropriate fishery management policy. Equally crucial are the dynamics of fishing effort. Both these dynamics have been incorporated in a simulation model to analyze the bio-socioeconomic impacts of four alternative limited entry management policies for the multispecies, multigear small pelagic fishery of northwest Peninsular Malaysia. Fishing effort dynamics are determined by the difference in profits and opportunity costs. Several management alternatives are evaluated at equilibrium. Performance variables such as equilibrium catch, social profits, consumer surplus, social benefits, direct fishery employment and income of individual crew are used in the evaluation. The implications for policy makers are discussed.


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Additional Metadata

Item Type: Article
Divisions: Universiti Pertanian Malaysia
DOI Number: https://doi.org/10.1086/mre.11.2.42629148
Publisher: University of Chicago Press
Keywords: Fishing effort dynamics; License fee; Limited entry licensing; Opportunity cost of effort; Simulations
Depositing User: Nabilah Mustapa
Date Deposited: 13 Apr 2016 15:48
Last Modified: 13 Apr 2016 15:48
Altmetrics: http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=10.1086/mre.11.2.42629148
URI: http://psasir.upm.edu.my/id/eprint/42470
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