The Demand and Allocation of Alaskan and Canadian Snow Crab

"For over two decades the Alaskan snow crab industry has been an important component of the economic health of the Alaskan crab fisheries. This has been particularly true given the substantial historical stock declines in the Alaskan king and Tanner crab fisheries. However, dwindling local stocks, combined with substantial increases in snow (Queen) crab from Canada and other countries, has raised considerable concern over the sustained economic health from these fisheries. This paper reports on an econometric model of the Alaskan and Canadian snow crab fishery designed to both document the exvessel and wholesale price and revenue responses to harvest and market conditions, and to document the pre-crab rationalization market performance of the Alaskan snow crab fishery on the eve of the historic implementation of both harvester and processor quotas." Copyright 2007 Canadian Agricultural Economics Society.