Two Econometric Approaches for Predicting the Spatial Behavior of Renewable Resource Harvesters

Martin D. Smith

Abstract

This paper analyzes spatial patterns of exploitation in the California sea urchin fishery using two different econometric approaches: a combined count data and SUR model of monthly observations and a micro-level Nested Logit model of individual harvester daily decisions. Each model is used to simulate the spatial distribution of fishing effort. The models are compared using goodness of fit measures and implications for management are discussed. (JEL Q22)