Abstract
Central to fish harvesting management plans are population estimates and productivity relationships. The conventional Schaefer model, consisting of a fish harvesting production function and a population dynamics equation, is generalized to permit estimation of an unconstrained Cobb–Douglas production function for a fishery in the absence of population data. The generalization results in equilibrium catch and population figures that can be substantially different from conventional Schaefer estimates. The choice of model, therefore, may strongly affect steady-state quota allocations and total allowable catch paths to the steady state.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: Canadian Journal of Fisheries and Aquatic Sciences
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
