Valuing ecosystem services with fishery rents: A lumped-parameter approach to hypoxia in the neuse river estuary

Sustainability

Volumn 3, Issue 11, 2011, Pages 2229-2267

  Smith, Martin D ^a   Crowder, Larry B ^b  

^a DUKE UNIVERSITY   (United States)

^b STANFORD UNIVERSITY   (United States)

Author keywords

Bioeconomics; Ecosystem services; Habitat dependent fishery; Hypoxia; Nutrient pollution; Open access; Predator prey

Indexed keywords

EID: 84861358763     PISSN: 20711050     EISSN: None     Source Type: Journal    
DOI: 10.3390/su3112229     Document Type: Article

References (68)

1. National Research Council. Clean Coastal Waters: Understanding and Reducing the Effects of Nutrient Pollution; National Academy Press: Washington, DC, USA, 2000.
2. Craig, J.K.; Crowder, L.B. Hypoxia-induced habitat shifts and energetic consequences in atlantic croaker and brown shrimp on the Gulf of Mexico shelf. Mar. Ecol. Prog. Ser. 2005, 294, 79-94.
3. Craig, J.K.; Crowder, L.B.; Gray, C.D.; McDaniel, C.J.; Henwood, T.A.; Hanifen, J.E. Ecological effects of hypoxia on fish, sea turtles, and marine mammals in the Northwestern Gulf of Mexico. In Coastal Hypoxia: Consequences for Living Resources and Ecosystems; Rabalais, N.N., Turner, R.E., Eds.; American Geophysical Union, Coastal and Estuarine Studies: Washington, DC, USA, 2001; pp. 269-292.
4. Peterson, C.H.; Summerson, H.C.; Thomson, E.; Lenihan, H.S.; Grabowski, J.; Manning, L.; Micheli, F.; Johnson, G. Synthesis of linkages between benthic and fish communities as a key to protecting essential fish habitat. Bull. Mar. Sci. 2000, 66, 759-774.
5. Baird, D.; Christian, R.R.; Peterson, C.H.; Johnson, G.A. Consequences of hypoxia on estuarine ecosystem function: Energy diversion from consumers to microbes. Ecol. Appl. 2004, 14, 805-822.
6. Caddy, J.F. Towards a comparative evaluation of human impacts on fishery ecosystems of enclosed and semi-enclosed seas. Rev. Fish. Sci. 1993, 1, 57-95.
7. National Research Council. Assessing the TMDL Approach to Water Quality Management; National Academy Press: Washington, DC, USA, 2001.
8. Phase II of the Total Maximum Daily Load for Total Nitrogen to the Neuse River Estuary, North Carolina; North Carolina Department of Environment and Natural Resources Division of Water Quality: Raleigh, NC, USA, 2001
9. Paerl, H.W.; Pinckney, J.L.; Fear, J.M.; Peierls, B.L. Ecosystem responses to internal and watershed organic matter loading: Consequences for hypoxia in the eutrophying Neuse River Estuary, North Carolina, USA. Mar. Ecol. Prog. Ser. 1998, 166, 17-25.
10. Eby, L.A.; Crowder, L.B. Hypoxia-based habitat compression in the Neuse River Estuary: Context-dependent shifts in behavioral avoidance thresholds. Can. J. Fish. Aquat. Sci. 2002, 59, 952-965.
11. Eby, L.A.; Crowder, L.B. Effects of hypoxic disturbances on an estuarine nekton assemblage across multiple scales. Estuaries 2004, 27, 342-351.
12. Powers, S.P.; Peterson, C.H.; Sullivan, E.; Powers, M.J.; Vandenburgh, E.; Bishop, M.; Christian, R.; Buzzelli, C.P. Effects of eutrophication on bottom habitat and prey resources of demersal fishes. Mar. Ecol. Prog. Ser. 2005, 302, 233-243.
13. Eby, L.A.; Crowder, L.B.; McClellan, C.M.; Peterson, C.H.; Powers, M.J. Habitat degradation from intermittent hypoxia: Impacts on demersal fishes. Mar. Ecol. Prog. Ser. 2005, 291, 249-261.
14. Miller, T.J. Incorporating space into models of the Chesapeake Bay blue crab population. Bull. Mar. Sci. 2003, 72, 567-588.
15. Etherington, L.L.; Eggleston, D.B. Large-scale blue crab recruitment: Linking postlarval transport, post-settlement planktonic dispersal, and multiple nursery habitats. Mar. Ecol. Prog. Ser. 2000, 204, 179-198.
16. Blue Crab. Chesapeake Bay Program Website. Available online: http://www.chesapeakebay.net/ info/blue_crab.cfm (accessed on 9 April 2004).
17. Selberg, C.D.; Eby, L.A.; Crowder, L.B. Hypoxia in the Neuse River Estuary: Responses of blue crabs and crabbers. N. Am. J. Fish. Manag. 2001, 21, 358-366.
18. NOAA Fisheries. NOAA Fisheries Commercial Landings Data Website. Available online: http://www.st.nmfs.gov/st1/commercial/landings/annual_landings.html (accessed on 12 September 2004).
19. Burgess, C.C.; Bianchi, A.J. An Economic Profile Analysis of the Commercial Fishing Industry of North Carolina Including Profiles for State-Managed Species; North Carolina Department of Environment and Natural Resources, Division of Marine Fisheries, License and Statistics Section: Morehead City, NC, USA, 2004.
20. Draft 3 North Carolina Fishery Management Plan: Blue Crab, 2004; North Carolina Department of Environment and Natural Resources, Division of Marine Fisheries: Raleigh, NC, USA, 2004
21. Upadhyaya, K.P.; Larson, J.B.; F.G. Mixon, J. The economic impact of environmental regulation on the blue crab industry. Int. J. Soc. Econ. 2002, 29, 538-546.
22. Dasgupta, P.; Maler, K.G. The economics of non-convex ecosystems: Introduction. Environ. Res. Econ. 2003, 26, 499-525.
23. Brock, W.A.; Starrett, D. Managing systems with non-convex positive feedback. Environ. Res. Econ. 2003, 26, 575-602.
24. Arrow, K.J.; Dasgupta, P.; Maler, K.G. Evaluating projects and assessing sustainable development in imperfect economies. Environ. Res. Econ. 2003, 26, 647-685.
25. Geyer, W.R.; Morris, J.T.; Prahl, F.G.; Jay, D.A. Interaction between physical processes and ecosystem structure: A comparative approach. In Estuarine Science: A Synthetic Approach to Research and Practice; Hobbie, J.E., Ed.; Island Press: Washington, DC, USA, 2000.
26. Blue Crab Life Cycle. The Blue Crab Archives Website. Available online: http://www.bluecrab.info/lifecycle.html (accessed on 24 July 2011).
27. Ragozin, D.L.; Brown, G. Harvest policies and nonmarket valuation in a predator-prey system. J. Environ. Econ. Manag. 1985, 12, 155-168.
28. Wilen, J.; Brown, G. Optimal recovery paths for perturbations of trophic level bioeconomic systems. J. Environ. Econ. Manag. 1986, 13, 225-234.
29. Kahn, J.R.; Kemp, W.M. Economic losses associated with the degradation of an ecosystem: The case of submerged aquatic vegetation in chesapeake bay. J. Environ. Econ. Manag. 1985, 12, 246-263.
30. McConnell, K.E.; Strand, I.E. Benefits from commercial fisheries when demand and supply depend on water quality. J. Environ. Econ. Manag. 1989, 17, 284-292.
31. Swallow, S.K. Depletion of the environmental basis for renewable resources: The economics of interdependent renewable and nonrenewable resources. J. Environ. Econ. Manag. 1990, 19, 281-296.
32. Barbier, E.B.; Strand, I.E. Valuing mangrove-fishery linkages: A case study of Campeche, Mexico. Environ. Res. Econ. 1998, 12, 151-166.
33. Knowler, D.; Barbier, E.B.; Strand, I.E. An open-access model of fisheries and nutrient enrichment in the Black Sea. Mar. Res. Econ. 2001, 16, 195-217.
34. Sanchirico, J.N.; Wilen, J.E. Bioeconomics of spatial exploitation in a patchy environment. J. Environ. Econ. Manag. 1999, 37, 129-150.
35. Taylor, D.L.; Eggleston, D.B. Effects of hypoxia on an estuarine predator-prey interaction: Foraging behavior and mutual interference in the blue crab callnectes sapidus and the infaunal clam prey mya arenaria. Mar. Ecol. Prog. Ser. 2000, 196, 221-237.
36. Smith, M.D. Two econometric approaches for predicting the spatial behavior of renewable resource harvesters. Land Econ. 2002, 78, 522-538.
37. Smith, M.D.; Wilen, J.E. Economic impacts of marine reserves: The importance of spatial behavior. J. Environ. Econ. Manag. 2003, 46, 183-206.
38. Smith, V.L. Economics of production from natural resources. Am. Econ. Rev. 1968, 58, 409-431.
39. Smith, V.L. On models of commercial fishing. J. Polit. Econ. 1969, 77, 181-198.
40. Wilen, J.E. Common Property Resources and the Dynamics of Overexplotiation: The Case of the North Pacific Fur Seal; Department of Economics Resources Paper No. 3; University of British Columbia: Vancouver, Canada, 1976.
41. Gordon, H.S. Economic theory of a common property resource: The fishery. J. Polit. Econ. 1954, 62, 124-142.
42. Bockstael, N.E.; Opaluch, J.J. Discrete modelling of supply response under uncertainty: The case of the fishery. J. Environ. Econ. Manag. 1983, 10, 125-137.
43. Smith, M.D. State dependence and heterogeneity in fishing location choice. J. Environ. Econ. Manag. 2005, 50, 319-340.
44. Borsuk, M.E.; Stow, C.A.; Reckhow, K.H. Integrated approach to tmdl development for the Neuse River Estuary using a Bayesian probability network model (NEU-BERN). J. Water Res. Plan. Manag. 2003, 129, 271-282.
45. Borsuk, M.E.; Stow, C.A.; Reckhow, K.H. A Bayesian network of eutrophication models for synthesis, prediction, and uncertainty analysis. Ecol. Model. 2004, 173, 219-239.
46. Stow, C.A.; Borsuk, M.E. Assessing TMDL effectiveness using flow-adjusted concentrations: A case study of the Neuse River Estuary, NC. Environ. Sci. Technol. 2003, 37, 2043-2050.
47. Borsuk, M.E.; Stow, C.A.; Reckhow, K.H. The confounding effect of flow on estuarine response to nitrogen loading. J. Environ. Eng. 2004, 130, 605-614.
48. Borsuk, M.E.; Stow, C.A.; Luettich, R.A.; Paerl, H.W.; Pinckney, J.L. Modeling oxygen dynamics in an intermittently stratified estuary: Estimation of process rates using field data. Estuar. Coast. Shelf Sci. 2001, 52, 33-49.
49. Borsuk, M.E.; Stow, C.A.; Higdon, D.; Reckhow, K.H. A Bayesian hierarchical model to predict benthic oxygen demand from organic matter loading in estuaries and coastal zones. Ecol. Model. 2001, 143, 165-181.
50. Borsuk, M.E.; Powers, S.P.; Peterson, C.H. A survival-based model of the effects of bottom-water hypoxia on the density of an estuarine clam (Macoma balthica). Can. J. Fish. Aquat. Sci. 2002, 59, 1266-1274.
51. Eggleston, D.B.; Johnson, E.G.; Hightower, J.E. Population Dynamics and Stock Assessment of the Blue Crab in North Carolina; Final Report for Contracts 99-FEG-10 and 00-FEG-11 for the North Carolina Fishery Resource Grant Program, North Carolina Sea Grant, and the North Carolina Department of Environmental Health and Natural Resources, Division of Marine Fisheries: Raleigh, NC, USA, 2004.
52. Rhodes, A.; Lipton, D.; Shabman, L. A socio-economic profile of the Chesapeake Bay commercial blue crab fishery. Virginia Commonwealth University: Richmond, VA, USA. Unpublished Technical Report, 2001.
53. Smith, M.D.; Wilen, J.E. Marine reserves with endogenous ports: Empirical bioeconomics of the California sea urchin fishery. Mar. Res. Econ. 2004, 19, 85-112.
54. Kaoru, Y.; Smith, V.K.; Liu, J.L. Using random utility models to estimate the recreational value of estuarine resources. Am. J. Agric. Econ. 1995, 77, 141-151.
55. Mansfield, C.; Smith, V.K. Tradeoffs at the trough: TMDLs and the evolving status of us water quality policy. In Recent Advances in Environmental Economics; List, J.A., De Zeeuw, A., Eds.; Edward Elgar: Northhampton, MA, USA, 2002.
56. Phaneuf, D.J. A random utility model for toal maximum daily loads: Estimating the benefits of watershed-based ambient water quality improvements. Water Resour. Res. 2002, 38, 1-11.
57. Smith, V.K.; Schwabe, K.A.; Mansfield, C. Does nature limit environmental federalism? In Environmental and Public Economics: Essays in Honor of Wallace E. Oates; Panagariya, A., Portney, P.R., Schwab, R.M., Eds.; Edward Elgar: Northhampton, MA, USA, 1999.
58. Freeman, A. Valuing environmental resources under alternative management regimes. Ecol. Econ. 1991, 3, 247-256.
59. Krutilla, J.V.; Eckstein, O. Multiple Purpose River Development; The Johns Hopkins Press for Resources for the Future: Baltimore, MD, USA, 1958.
60. Smith, V.K.; Krutilla's legacy. Twenty-first-century challenges for environmental economics. Am. J. Agric. Econ. 2004, 86, 1167-1178.
61. McConnell, K.E.; Sutinen, J.G. Bioeconomic models of marine recreational fishing. J. Environ. Econ. Manag. 1979, 6, 127-139.
62. Bishop, R.C.; Samples, K.C. Sport and commercial fishing conflicts: A theoretical analysis. J. Environ. Econ. Manag. 1980, 7, 220-233.
63. Copes, P.; Knetsch, J.L. Recreational fisheries analysis: Management modes and benefit implications. Can. J. Fish. Aquat. Sci. 1981, 38, 559-570.
64. Johnson, R.N.; Libecap, G.D. Contracting problems and regulation: The case of the fishery. Am. Econ. Rev. 1982, 72, 1005-1022.
65. Hammitt, J.K. Economic implications of hormesis. Hum. Exp. Toxicol. 2004, 23, 267-278.
66. Provencher, B.; Burt, O. The externalities associated with the common property exploitation of groundwater. J. Environ. Econ. Manag. 1993, 24, 139-158.
67. Maler, K.G.; Xepapadeas, A.; Zeeuw, A.D. The economics of shallow lakes. Environ. Res. Econ. 2003, 26, 603-624.
68. Court, R.H. Efficient estimation of the reduced form from incomplete econometric models. Rev. Econ. Stud. 1973, 40, 411-417.