T-143-13
Linking Regional Economic and Marine Food Web Models for Ecosystem-Based Management
Linking Regional Economic and Marine Food Web Models for Ecosystem-Based Management
The implementation of ecosystem-based fisheries management (EBFM) requires the development of new analytic tools to integrate environmental, ecological, and socio-economic data from various sources; to capture explicit interactions among ecosystem components; and to simulate and evaluate the effects of alternative management options. We are developing a computable general equilibrium (CGE) framework that models coastal and marine resource sectors linked to the output of a marine food web model. The framework can be used to examine the interactions among different components of a coastal economy and alternative realizations of the structure of a marine food web. We illustrate our framework with examples from New England fisheries and aquaculture. The integrated framework can be used to develop “what-if” type policy simulations for many important issues faced by coastal and ocean managers (e.g., marine spatial planning and climate change impact assessments). Through comparative analyses, we show how economic and distributional tradeoffs among alternative policy options can be assessed.