Optimal Timing of Harvest for the North Carolina Bay Scallop Fishery

Robert L. Kellogg, J. E. Easley and Thomas Johnson

American Journal of Agricultural Economics, 1988, vol. 70, issue 1, 50-62

Abstract: Substantial improvement is possible in economic returns for the North Carolina bay scallop fishery by delaying the opening of the season beyond its traditional date. A general bioeconomic harvesting model was developed for use in determining the optimal season opening/closing schedule for a seasonal fishery with the control specified as an on/off switch. One hundred and twenty separate scenarios were created by setting five exogenous variables to reasonable alternative values. The optimal season is contrasted with the unregulated case for each scenario. The optimal opening was typically two to three weeks later than the model of past practices.

Date: 1988
References: Add references at CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://hdl.handle.net/10.2307/1241975 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:70:y:1988:i:1:p:50-62.

Access Statistics for this article

American Journal of Agricultural Economics is currently edited by Madhu Khanna, Brian E. Roe, James Vercammen and JunJie Wu

More articles in American Journal of Agricultural Economics from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().