Economics of Arctic Fisheries and Marine Invasive Species Part I: Russia and Norway in the Barents Sea Red King Crab Fishery

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Abstract

Bioeconomics of Red King Crab in the Barents Sea involves the crab’s dual nature as invader and market commodity. We apply a spatial dynamic model to find the optimal joint management of international invasive species threats with historic management of the Red King Crab by Norway and Russia with different output market choices and assumptions about the damages to benthic habitat that reflect differing preferences. This research sheds light on the economic and ecological tradeoffs faced in rapidly changing Arctic waters and the challenges presented by transboundary resources with differing net benefits to different groups of resource owners.
Original languageEnglish
Publication date2016
Publication statusPublished - 2016
EventSouthern Economic Association Conference: 86th Annual Meeting - Washington D.C., United States
Duration: 19. Nov 201621. Nov 2016
https://www.southerneconomic.org/conference-2016/

Conference

ConferenceSouthern Economic Association Conference: 86th Annual Meeting
CountryUnited States
CityWashington D.C.
Period19/11/201621/11/2016
Internet address

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Kourantidou , M. (2016). Economics of Arctic Fisheries and Marine Invasive Species Part I: Russia and Norway in the Barents Sea Red King Crab Fishery. Paper presented at Southern Economic Association Conference: 86th Annual Meeting, Washington D.C., United States.