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    Salmon Fish Traps in Alaska: An Economic History Perspective

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    Author
    Colt, Steve
    Keyword
    fish traps
    commercial salmon fishery
    ex-vessel value
    average earnings
    economic rents
    Metadata
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    URI
    http://hdl.handle.net/11122/12509
    Abstract
    Salmon return faithfully to their stream of birth and can be efficiently caught by fixed gear. But since the introduction at the turn of the century of fish traps to the emerging Alaska commercial salmon fishery, most territorial residents fought for their abolition even while admitting to their technical efficiency. The new State of Alaska immediately banned traps in 1959. I estimate the economic rents generated by the Alaska salmon traps as they were actually deployed and find that they saved roughly $4 million (1967 dollars) per year, or about 12% of the ex-vessel value of the catch. I also find strong evidence that the fishermen operating from boats earned zero profits throughout the 20th century. Thus the State's ban on fish traps did allow 6,000 additional people to enter the fishery, but did nothing to boost average earnings.
    Date
    1999
    Publisher
    Institute of Social and Economic Research, University of Alaska.
    Type
    Report
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