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An Evaluation Of Alternative Strategies For Virginia Oyster Grounds Management: Economic Considerations In Policy Design
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1988
[PDF-5.29 MB]
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Description:The Virginia oyster industry has been in a steady decline since the early 1960s. In 1984 the legislature directed the Virginia Marine Resources Commission (VMRC) to develop an oyster fishery management plan (OFMP) that would maximize the biological, economic, and social benefits from the harvest of market oysters. The task before the VMRC is to make a plan that (1) satisfies the production goals of the OFMP, (2) remains within the VMRC budget, and (3) is acceptable to the state's harvesters and processors. The objective of this report is to present the analytical framework that has been developed to evaluate the economic impacts of oyster grounds policy alternatives. The report discusses the current state of the oyster industry, goals and objectives of the fishery management plan, oyster fishery economic research and modeling efforts, and the analytic framework for evaluating the effectiveness of alternative management strategies. The final section draws conclusions and recommendations for oyster grounds policy design.
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Sea Grant Document Number:VSGCP-T-88-002
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Rights Information:Public Domain
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Compliance:Library
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