Application of Bioeconomic Model in Marine Fish Production

Application of Bioeconomic Model in Marine Fish Production

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Considering different fish landing centers located at Midnapore district the study highlights the scenario of marine fisheries in West Bengal at a glance. An attempt has been made to empirically estimate maximum sustainable yield (MSY),maximum economic yield (MEY) & Open access yield(OAY) by applying Surplus Production Model developed by Schaeffer(1954). In order to judge the consistency of empirically estimated results with the theoretical observations a comparison has been made among the estimated yields & their corresponding efforts. The policy prescriptions focus on the extent to which open access fishing can be allowed without violating the sustainability criteria.

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