The Alaska Salmon enhancement program: a cost/benefit analysis
Date
1993
Journal Title
Journal ISSN
Volume Title
Publisher
Marine Resource Economics Foundation Inc.
Abstract
In May 1991. the Alaska Senate's Special Committee on Domestic
and International Commercial Fisheries iniiiated the first review ofthe state's
salmon enhancement program since its inception 20 years ago. As part of this
review, a ccstlhenefu analysis ofthe State's enhancement program for salmon
was performed with cooperation from the Fisheries Research Fnhancement
Division ofthe Alaska Department of Fish and Game. The main results are
that the additional producer's surplus generated by the pink and sockeye
hatchery programs are estimated to be less than the costs of running these
programs. Eliminating the entire pink or sockeye salmon programs is estimated
to increase net benefits by about 8% and 6%. respectively. A 15%
increase in either program is estimated to result in a reduction in net benefits
and a 15% decrease in either program is estimated to result in a slight increase
in net benefits. Estimates of the confidence intervals for net benefits suggest
that the gains from the elimination of either the pink program or the sockeye
program are statistically different from zero. However, changes of plus or
minus 15% of current hatchery production are found not to statistically affect
net benefits.
Description
Article deposited after permission was granted by Editor of Marine Resource Economics, August 10, 2011.
Keywords
cost, benefit
Citation
J.R. Boyce, M.L. Herrmann, D.P. Bischak and J. Greenberg. "The Alaska Salmon enhancement program: a cost/benefit analysis". Marine Resource Economics 8:4 (1993) pages 293-312.