In the early years of human society, all natural resources such as agriculture, animals, forestry, and fisheries were considered to be public property and the treasure belonged to all people. One branch of these natural resources threatened by over-development is straddling and highly migratory fish species, like tuna, which cannot be protected by a single government. While discussing fishery management, we review the change in tuna catches of thirteen countries in Western and Central Pacific Fisheries Commission (WCPFC), as it represents the impacts from different policies and events during a specific period of time. We reference the method applied in economics science by testing for the existence of stochastic convergence and addressing these break points, which are the important targets due to external shocks or internal influence. The characteristic of the method is in testing both time series and panel data by following the traditional unit root tests methods and unit root tests while considering structural breaks. We are able to conclude in preliminary estimates that some serious historical fishery events happened at the break point time, and if we take these structural breaks into consideration, then the growth of tuna catches will be stationary. In other words, if shocks to relative tuna catches are temporary, then the series stochastically converges, meaning that the manager does not need to intervene in the development of tuna fishery, because temporary shocks do not affect the stationarity of tuna catches¡¦ levels. Once the structural breaks occurred in the past, it is not necessary for these government and international organizations to change fishery policies in order to respond to the breaks. They should realize the meaning of the stationary panel instead of enacting an over-intervening policy based on temporary shocks.
Identifer | oai:union.ndltd.org:NSYSU/oai:NSYSU:etd-0104112-222614 |
Date | 04 January 2012 |
Creators | Lin, Shih-Hsun |
Contributors | Chien-Chiang Lee, Chun-Ping Chang, Houng-Yung Chen, Chung-Ling Chen, Chyi-Lu Jang |
Publisher | NSYSU |
Source Sets | NSYSU Electronic Thesis and Dissertation Archive |
Language | English |
Detected Language | English |
Type | text |
Format | application/pdf |
Source | http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0104112-222614 |
Rights | user_define, Copyright information available at source archive |
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