Modelling combined harvest and effort regulations: the case of the Dutch beam trawl fishery for plaice and sole in the North Sea

Currently, several European fishing fleets are regulated through a combination of harvest and effort control. The two regulation schemes are interrelated, i.e. a given quota limit will necessarily determine the effort used, and vice versa. It is important to acknowledge this causality when assessing combined effort and harvest regulation systems. A bioeconomic feedback model is presented that takes into account the causality between effort and harvest control by switching back and forth between the two, depending on which is the binding rule. The model consists of a biological and an economic operation module, the former simulating stock assessment and quota establishment, and the latter simulating the economic fleet dynamics. When harvest control is binding, catch is evaluated using the biological projection formula, whereas the economics-based Cobb-Douglas production function is used when effort is binding. The method is applied to the Dutch beam trawl fishery for plaice and sole in the North Sea.