Evaluating an experimental catch shares program for Gulf of Mexico headboats: Early returns Daniel Willard Joshua Abbott Arizona State University Environmental Defense Fund Oceans Program jkabbott.faculty.asu.edu What are we evaluating? • Allocation of trips and landings and landings over the season • Allocation of fish per customer • Customers per trip • Discards • Revenues and profits • Welfare gains to anglers from greater potential trip quality over a longer season Data 1. 2003-2014 logbook data for vessels owned by GHC members (2003-2014) 2. Aggregated 2003-2014 logbook data by region/year (TX, LA/MS, AL, NWFL, SWFL) 3. Partially disaggregated logbook data at the region/week scale for non-GHC vessels o Data censored if <3 vessels present by region/week for confidentiality 4. Data on trip pricing and costs from headboat owners 5. Onboard survey of GHC customers and follow-up internet stated preference/revealed preference survey Anglers on GHC vessels Policy evaluation: what’s the counterfactual? • Ideal comparison: “what happened under the EFP relative to what would have happened under the most policy-relevant baseline without the EFP?” o But what is the “policy relevant baseline”? o What is the right empirical approach to impute the missing counterfactual? • Preliminary comparisons for today: o GHC vessels vs. non-GHC pre-2014 vs. post-2014 (diff-in-diff) • Currently very limited by aggregation of data for non-GHC vessels • Concerns: are non-GHC vessels indirectly treated? What about the very short 2014 season? • More to come… o GHC vessels in 2014 vs. pre-2014 (first difference) • The bulk of this presentation • None of what we present today should be interpreted as the “causal effect” of the EFP (yet) I. GHC vs. non-GHC: comparisons across time Number of Total Angler-Days AL NWFL TX ALL SWFL 150000 100000 50000 13 20 11 20 09 20 07 20 05 %Δ 2014-2013 = 5% 150000 100000 %Δ 2014-2013 = 7.1% 50000 20 05 20 07 20 09 20 11 20 13 20 03 0 20 03 20 05 20 07 20 09 20 11 20 13 20 20 03 0 year Non-GHC GHC Red Snapper Landings AL NWFL TX ALL SWFL 150,000 100,000 50,000 20 03 20 05 20 07 20 09 20 11 20 13 0 150,000 100,000 %Δ 2014-2013 = -59% 50,000 %Δ 2014-2013 = 82% 13 20 11 20 20 09 07 20 05 20 03 20 13 20 11 20 09 20 07 20 05 20 20 03 0 year Non-GHC GHC Number of Red Snapper Trips AL NWFL TX ALL SWFL 3000 2000 1000 13 20 11 20 09 20 07 20 05 20 20 03 0 3000 %Δ 2014-2013 = -28% 2000 1000 %Δ 2014-2013 = 161% 13 20 11 20 09 20 07 20 05 20 03 20 07 20 09 20 11 20 13 20 05 20 20 03 0 year Non-GHC GHC II. GHC vessels only: Comparisons through time 1. 2. 3. 4. Allocation of trips & fish over the season Allocation of fish per customer Trip duration Discards Overall trip timing 100 50 0 # Trips 150 Weekly Trips by EFP Vessels 0 10 20 30 40 Week of year Range 2009-2013 Median 2009-2013 2014 2013 50 Trips retaining red snapper 1000 1,295 59.1% 500 9.6% 495 31.3% 0 # Trips 1500 Cumulative Trips Retaining Red Snapper 0 10 20 30 40 Week of year 2014 season 2013 2011 2014 2012 50 Allocation of red snapper landings Cumulative Number of Landed Red Snapper 60,000 54,907 52.1% 40,000 # Fish 11.1% 30,187 20,000 36.8% 0 0 10 20 30 40 Week of year 2014 season 2013 2011 2014 2012 50 Fish per angler – all fishing Red snapper per angler Δ82% 1.5 No SW Florida 1.36 1.24 Fish/Angler 1 1.09 1.01 1.06 0.99 1.05 0.99 0.81 0.77 0.68 0 .5 0.55 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 • These calculations include all trips, even if no red snapper was retained • 2014 increases can mostly be explained on the basis of 82% increases in red snapper landings • BUT trips retaining EFP species have increased by 161% for red snapper • So how are headboat owners closing the gap? Red snapper/angler on red snapper trips Red Snapper per Angler (base=2013) .2 0 -.2 -.4 -.6 Change in Fish/Angler (2013=0) All Red Snapper Trips 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Year Estimates from regression model with vessel and month fixed effects. Weighted by anglers per trip All landed fish/angler All Landings per Angler (base=2013) 1 0 -1 -2 Change in Fish/Angler (2013=0) 2 All EFP Species Trips 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Year Estimates from regression model with vessel and month fixed effects. Weighted by anglers per trip Non-EFP reef fish/angler Non-EFP Reef Fish Landings per Angler (base=2013) 2 1 0 Change in Fish/Angler (2013=0) 3 All Red Snapper Species Trips 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Year Estimates from regression model with vessel and month fixed effects. Weighted by anglers per trip. Reef Fish are species managed under the Reef Fish FMP Changes in trip duration Change in Probability of a Daytrip (base=2013) .1 0 -.1 -.2 Change in Probability (2013=0) .2 Red Snapper Trips Only 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Year Estimates derived from a linear probability model with vessel, month and weekend fixed effects. Red snapper discard rates Relative Discard Rate of Red Snapper (Discard/Catch) 1 .4 .6 .8 Δ-36% .2 Relative Discard Rate (2013=1) 1.2 Trips with positive red snapper catch 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Year Estimates derived from a Poisson regression model with vessel fixed effects and total red snapper catch as an exposure variable. Red snapper CPUE Relative Catch Rate of Red Snapper (Catch/Angler Hour) 1.2 1.4 Relative CPUE (2013=1) 1.6 1.8 Trips with positive red snapper catch .8 1 Δ-11% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Year Estimates derived from a Poisson regression model with vessel fixed effects and estimated angler-hours as an exposure variable. Red snapper (discards/angler-hours) π·π·π·π·π·π·π·π·π·π·π·π·π·π·π·π· π·π·π·π·π·π·π·π·π·π·π·π·π·π·π·π· πΆπΆπΆπΆπΆπΆπΆπΆπΆ = ππ π΄π΄π΄π΄π΄π΄π΄π΄π΄π΄π΄π΄ − βππππππππ πΆπΆπΆπΆπΆπΆπΆπΆπΆ π΄π΄π΄π΄π΄π΄π΄π΄π΄π΄π΄π΄ − βππππππππ 57% of 2013 levels 64% of 2013 levels 89% of 2013 levels Revenues/profits? • An ongoing topic of research o Cost/revenue survey for 2014 (ongoing) • Little obvious evidence of overall increases in customer demand (i.e. more anglers/trips) • BUT 1. Out-of-season trips are now of a higher potential quality to anglers and could command a higher price 2. The shift toward more day trips may enhance net revenues • Higher fees with less than proportional increases in fuel costs Conclusions There is preliminary evidence that, relative to recent seasons, the EFP has: 1. 2. 3. 4. 5. Dramatically spread out the allocation of EFP species across the season Provided many more anglers with the opportunity to fish for EFP species Reduced discards of EFP species Allocated landings of EFP species over a broader population of anglers (due to lower landings per angler) Increased the share of non-EFP reef fish species in landings relative to in previous derby seasons Ongoing research • More rigorous treatment of the without-EFP counterfactual for GHC boats o Quasi-experimental vs. time series approaches? • Changes in trip-taking behavior with respect to weather? • Pre-test of online angler survey using 2014 data o Working with Vic Adamowicz and Patrick Lloyd-Smith o Estimation of consumer surplus from EFP and possible extensions o 2015 season data currently being gathered for the final survey Thank you