Skip to main content
Log in

A Review of Selected Bioeconomic Models with Environmental Influences in Fisheries

  • Published:
Journal of Bioeconomics Aims and scope

Abstract

Bioeconomic models are integrated economic-ecological models, with all the advantages and disadvantages of such models. Most bioeconomic modelling seeks appropriate levels of stock and catch to assist resource managers, normally with environmental conditions assumed constant. However, bioeconomic models can be used to analyse the welfare effects of changes in environmental quality as well. This latter application is the subject of this review. The review concentrates on the commercial harvesting of fish stocks, where population dynamics are influenced by environmental quality. In the first part of the paper, the basic static and dynamic bioeconomic models are described and then extensions are considered that take account of the influence of environmental quality on habitat and, by inference, on sustainable catch levels and measures of economic surplus. The second part of the paper describes a series of case studies from the empirical bioeconomic literature that apply some of the theoretical innovations described earlier.

This is a preview of subscription content, log in via an institution to check access.

Access this article

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

Institutional subscriptions

Similar content being viewed by others

References cited

  • Andersen, Lee G. 1977. The economics of fisheries management. Johns Hopkins University Press, Baltimore.

    Google Scholar 

  • Andersen, Peder & Jon G. Sutinen. 1984. Stochastic bioeconomics: a review of basic methods and results. Marine Resource Economics 1(2):117–136.

    Google Scholar 

  • Barbier, Edward B. & Ivar Strand. 1998. Valuing mangrove-fishery linkages—a case study of Campeche, Mexico. Environmental and Resource Economics 12:151–166.

    Article  Google Scholar 

  • Bell, Frederick W. 1972. Technological externalities and common property resources: an empirical study of the U.S. northern lobster fishery. Journal of Political Economy 80:148–158.

    Article  Google Scholar 

  • Berck, Peter & Jeffrey M. Perloff. 1984. An open access fishery with rational expectations. Econometrica 52(12):489–506.

    Article  Google Scholar 

  • Bjorndal, Trond & Jon M Conrad. 1987. Capital dynamics in the north sea herring fishery. Marine Resource Economics 4:63–74.

    Google Scholar 

  • Clark, Colin W. 1985. Bioeconomic modelling and fisheries management. John Wiley and Sons, New York.

    Google Scholar 

  • Clark, Colin W. 1990. Mathematical bioeconomics. John Wiley and Sons, New York. [Second Edition]

    Google Scholar 

  • Common, Mick & Charles Perrings. 1992. Towards an ecological economics of sustainability. Ecological Economics 6:7–34.

    Article  Google Scholar 

  • Conrad, Jon M. 1995. Bioeconomic models of the fishery. Pp. 405–432 in D. Bromley (ed.) Handbook of Environmental Economics, Blackwells, Oxford and Cambridge.

    Google Scholar 

  • Conrad, Jon M. & Colin W. Clark. 1987. Natural resource economics — notes and problems. Cambridge University Press, Cambridge.

    Google Scholar 

  • Copes, Parzival V. 1970. The backward bending supply curve of the fishing industry. Scottish Journal of Political Economy 35:69–77.

    Google Scholar 

  • Costello, Christopher, Stephen Polasky & Andrew Solow. 2001. Renewable resource management and environmental prediction. Canadian Journal of Economics 34(1):196–211.

    Article  Google Scholar 

  • Eggert, Håkan. 1998. Bioeconomic analysis and management. Environmental and Resource Economics 11(3–4):399–411.

    Article  Google Scholar 

  • Ellis, Gregory M. & Anthony C. Fisher. 1987. Valuing the environment as input. Journal of Environmental Management 25:149–156.

    Google Scholar 

  • Freeman, A. Myrick III. 1991. Valuing environmental resources under alternative management regimes. Ecological Economics 3:247–256.

    Article  Google Scholar 

  • Freeman, A. Myrick III. 1993. The measurement of environmental and resource values. Johns Hopkins University Press, Baltimore.

    Google Scholar 

  • Freeman, A. Myrick III. 1995. The benefits of water quality improvements for marine recreation: a review of the empirical evidence. Marine Resource Economics 10:385–406.

    Google Scholar 

  • Gordon, H. Scott. 1954. The economic theory of a common-property resource: the fishery. Journal of Political Economy 62:124–142.

    Article  Google Scholar 

  • Hammack, Judd. & Gardner M. Brown. 1974. Waterfowl and wetlands: towards bioeconomic analysis. Johns Hopkins University Press, Baltimore.

    Google Scholar 

  • Hartmann, R. 1976. The harvesting decision when a standing forest has value. Economic Inquiry 14:52–58.

    Article  Google Scholar 

  • Holling, Crawford S. 1973. Resilience and the stability of ecological systems. Annual Review of Ecology and Systematics 4:1–24.

    Article  Google Scholar 

  • Homans, Frances R. & James. E Wilen, 1997. A model of regulated open access resource use. Journal of Environmental Economics and Management 32:1–21.

    Article  Google Scholar 

  • Johansson, Per-Olav. 1987. The economic theory and measurement of environmental benefits. Cambridge University Press, Cambridge.

    Google Scholar 

  • Johnston, Robert J. & Jon G. Sutinen. 1996. Uncertain biomass shifts and collapse: implications for harvest policy in the fishery. Land Economics 72(4):500–518.

    Article  Google Scholar 

  • Kahn, James R. 1987. Measuring the economic damages associated with terrestrial pollution of marine ecosystems. Marine Resource Economics 4:193–209.

    Google Scholar 

  • Kahn, James R. & William M. Kemp. 1985. Economic losses associated with the degradation of an ecosystem: the case of submerged aquatic vegetation in Chesapeake Bay. Journal of Environmental Economics and Management 12:246–263.

    Article  Google Scholar 

  • Knowler, Duncan J. & Edward B. Barbier. 2001. An open-access model of fisheries and nutrient enrichment in the Black Sea. Marine Resource Economics 16(3):195–217.

    Google Scholar 

  • Knowler, Duncan J. & Edward B. Barbier. 2000. The economics of an invading species: a theoretical model and case study application. Pp. 70–93 in C. Perrings, M. Williamson & S. Dalmazzone (ed.) The Economics of Invading Species, Edward Elgar, Aldershot, U.K.

    Google Scholar 

  • Loomis, John B. 1988. The bioeconomic effects of timber harvesting on recreational and commercial salmon and steelhead fishing: a case study of Siuslaw National Forest. Marine Resource Economics 5:43–60.

    Google Scholar 

  • Lynne, Gary D., Patricia Conroy & Frederick J. Prochaska. 1981. Economic valuation of marsh areas for marine production processes. Journal of Environmental Economics and Management 8:175–186.

    Article  Google Scholar 

  • Mäler, Karl-Goran. 1992. Production function approach in developing countries. Pp. 11–32 in J.R. Vincent, E.W. Crawford & J.P. Hoehn (ed.) Valuing Environmental Benefits in Developing Countries, Special Report No. 29, Michigan State University, East Lansing.

    Google Scholar 

  • McConnell, Kevin E. & Ivar Strand. 1989. Benefits from commercial fisheries when demand and supply depend on water quality. Journal of Environmental Economics and Management 17:284–292.

    Article  Google Scholar 

  • Munro, Gordon R. 1992. Mathematical bioeconomics and the evolution of modern fisheries economics. Bulletin of Mathematical Biology 2–3:163–184.

    Article  Google Scholar 

  • Munro, Gordon R. & Anthony D. Scott. 1985. The economics of fisheries management. Pp. 623–676 in A.V. Kneese & J.L. Sweeney (ed.) Handbook of Natural Resource and Energy Economics, Elsevier Science Publishers, Amsterdam.

    Google Scholar 

  • Perrings, Charles A. 1991. Ecological sustainability and environmental control. Structural Change and Economic Dynamics 2:275–295.

    Article  Google Scholar 

  • Perrings, Charles A. & David W. Pearce. 1994. Threshold effects and incentives for the conservation of biodiversity. Environment and Resource Economics 4:13–28.

    Article  Google Scholar 

  • Perrings, Charles A., Carl Folke & Karl-Goran Mäler. 1992. The ecology and economics of biodiversity loss: the research agenda. Ambio 21(3):201–211.

    Google Scholar 

  • Perrings, Charles A., R. Kerry Turner & Carl Folke. 1995. Ecological economics: the study of interdependent economic and ecological systems. Discussion paper No. 55, Beijer International Institute of Ecological Economics, Stockholm.

    Google Scholar 

  • Point, Patrick. 1994. The value of non-market natural assets as production factor. Pp. 23–57 in R. Pethig. (ed.) Valuing the Environment: Methodological and Measurement Issues, Kluwer Academic Publishers, Netherlands.

    Google Scholar 

  • Reed, William J. 1988. Optimal harvesting of a fishery subject to random catastrophic collapse. IMA Journal of Mathematics Applied in Medicine & Biology 5:215–235.

    Google Scholar 

  • Ricker, William E. 1975. Computation and interpretation of biological statistics of fish populations. Bulletin 191, Department of the Environment, Fisheries and Marine Service, Ottawa.

    Google Scholar 

  • Schaefer, Milner B. 1957. Some considerations of population dynamics and economics in relation to the management of marine fisheries. Journal of the Fisheries Research Board of Canada 14:669–681.

    Google Scholar 

  • Smith, Vernon L. 1969. On models of commercial fishing. Journal of Political Economy 77:181–198.

    Article  Google Scholar 

  • Sumaila, U. Rashid. 1997. Cooperative and non-cooperative exploitation of the Arcto-Norwegian cod stock in the Barents Sea. Environmental and Resource Economics 10:147–165.

    Article  Google Scholar 

  • Swallow, Stephen K. 1994. Renewable and nonrenewable resource theory applied to coastal agriculture, forest, wetland and fishery linkages. Marine Resource Economics 9:291–310.

    Google Scholar 

  • Van der Ploeg, S.W., L.C. Braat & W.F. van Lierop. 1987. Integration of resource economics and ecology. Ecological Modelling 38:171–190.

    Article  Google Scholar 

  • Wilen, James E. 1985. Bioeconomics of renewable resource use. Pp. 61–124 in A. V. Kneese & J.L. Sweeney (ed.) Handbook of Natural Resource and Energy Economics, Elsevier Science Publishers, Amsterdam.

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Rights and permissions

Reprints and permissions

About this article

Cite this article

Knowler, D. A Review of Selected Bioeconomic Models with Environmental Influences in Fisheries. Journal of Bioeconomics 4, 163–181 (2002). https://doi.org/10.1023/A:1021151809501

Download citation

  • Issue Date:

  • DOI: https://doi.org/10.1023/A:1021151809501

Navigation