Dissertation/Thesis Abstract

Revisiting the Fishery Production Function: Space, Time, and Policy Invariant Relationships
by Reimer, Matthew Nolan, Ph.D., University of California, Davis, 2012, 204; 3555406
Abstract (Summary)

Conventional models of the fishing production process are not sufficiently rich enough to capture the primary decisions that fishermen make, giving policy makers little information on which to base predictions regarding the outcomes of a policy change. In this thesis, I explore the nature of the fishery production process and it's implications for evaluating and predicting the outcomes of introducing rights-based management policies to fisheries. I put forward the idea that many of the traditionally included inputs in conventional production models of fishing—such as time spent fishing and number of gear deployments—are not direct choice variables for fishermen; rather, they are indirect outcomes of deep structural decisions over the temporal and spatial deployment of fishing gear. I demonstrate that production models that omit these structural decisions capture reduced form relationships between inputs and outputs that are functions of deeper structural parameters corresponding to biological processes, economic behavior, and institutions. The result is a production relationship between inputs and outputs whose structure alters systematically with an institutional change, rendering conventional fishery production models inadequate for predicting the outcomes of a policy intervention. The findings in this thesis suggest that accurate assessment of the impacts of rights-based management policies requires a description of the production process that is sufficiently structural so as to be invariant to changes in management institutions.

Indexing (document details)
Advisor: Wilen, James E., Abbott, Joshua K.
Commitee: Larson, Douglas M., Smith, Aaron
School: University of California, Davis
Department: Agricultural and Resource Economics
School Location: United States -- California
Source: DAI-A 74/07(E), Dissertation Abstracts International
Subjects: Agricultural economics, Natural Resource Management, Aquatic sciences
Keywords: Economics, Fisheries, ITQS, Institutions, Policy invariant relationships, Production
Publication Number: 3555406
ISBN: 9781267969514
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