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Economics of the U. S. South Atlantic and Gulf of Mexico King Mackerel and Spanish Mackerel Fisheries - 2016
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2019
[PDF-4.81 MB]
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Description:This technical memorandum provides summary information and estimated economic information for the commercial sector of the federally-managed coastal migratory pelagic (CMP) fisheries in both the Gulf of Mexico (GOM) and the U.S. South Atlantic (SAT) in calendar year 2016, including a comparison to earlier years. King mackerel, Spanish mackerel, and cobia are the species managed in the CMP fisheries. The fisheries are jointly managed by the GOM Fishery Management Council and the SAT Fishery Management Council through the CMP Fishery Management Plan (FMP). These fisheries have been managed by a combination of complex regional quotas, regional trip-limits, regional gear limits, and regional closures when sub-quotas are met. For detailed information about the CMP FMP, please consult the GOM Council’s website at: http://gulfcouncil.org as well as the SAT Council’s website at: http://safmc.net/.
This report’s unique focus is on the economics of the commercial harvesting sector in the GOM and SAT CMP fisheries. The report combines trip logbook data (effort and catch at the trip-level) with two supplemental economic sample surveys—one on the logbook itself (and hence at the trip-level); the other is an annual mail survey at the vessel-level. The economic surveys elicit revenue, variable and/or fixed costs by category, and some auxiliary economic variables, such as a vessel’s market value. After extensive cleaning and processing, and linking back to the logbook data, the report summarizes the logbook data by meaningful subsets of the overall data (domains in statistical context). We call these subsets Segments of Interest (SOI). In most cases, they are at the species, region, and/or at the gear-level, such as king mackerel or trolling trips. Based on the sample data, estimates of the SOI population means for the economic variables are provided, including net revenues and margins.
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Rights Information:Public Domain
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Compliance:Submitted
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