1887

OECD Food, Agriculture and Fisheries Papers

Selected studies on various food, agriculture and fisheries issues from the OECD Trade and Agriculture Directorate.

NB. No. 1 to No. 58 were released under the previous series title OECD Food, Agriculture and Fisheries Working Papers.

English

Practical Considerations in Using Bioeconomic Modelling for Rebuilding Fisheries

Many of the world.s fish stocks are considered to be in need of rebuilding. In response, global agreements, including UNCLOS, have sought to adopt some (optimal) level of fish biomass, usually the level associated with the maximum sustainable yield (MSY). While establishing a sustainable level of harvest is goal with intuitive appeal, the pursuit of MSY ignores many relevant economic and social factors that are critical to the sustainability of a fishery.

English

Keywords: Striped bass, Bioeconomic Modelling, North Atlantic Cod, Spiny Lobster, fisheries rebuilding, fisheries management, Northern Prawns, fisheries economics, Norwegian Spring Spawning Herring
JEL: Q27: Agricultural and Natural Resource Economics; Environmental and Ecological Economics / Renewable Resources and Conservation / Renewable Resources and Conservation: Issues in International Trade; Q22: Agricultural and Natural Resource Economics; Environmental and Ecological Economics / Renewable Resources and Conservation / Renewable Resources and Conservation: Fishery; Aquaculture
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