Examining the flow of revenues from North Pacific fisheries
The North Pacific fisheries generate close to $2 billion in first-wholesale revenue each year, yet there is no systematic accounting or analysis of the states or cities to where this money flows. In this project we are identifying the main fleets exploiting the North Pacific fisheries and summarizing the revenues earned by the location of residence and hailing port for fleet participants over several years. We hypothesize that the location of residence data for vessel owners is an indicator of where fishing profits are likely to be spent. The hailing port data may be representative of where the vessel obtains a significant portion of its supplies and, potentially, crew members. We are also attempting to identify spatial trends and structural breaks in the distribution of revenues in response to recent management actions. Finally, we hope to examine whether the revenue distribution has consolidated over time. We believe this information will be interesting to the public at large and fishery managers seeking more information on how fleet-level decisions map into the distribution of earnings to different cities and states.
— Ron Felthoven, Chris Anderson and Jenefer Meredith