{
  "_schema": "alaska-cfec-permit-values-v1",
  "_provenance": {
    "primary_source": "Alaska Commercial Fisheries Entry Commission (CFEC) — Limited Entry Permit Program",
    "primary_url": "https://www.cfec.state.ak.us/",
    "secondary_sources": [
      "CFEC Annual Reports and Statistical Reports: https://www.cfec.state.ak.us/pubs.htm",
      "CFEC Permit Transfer Database: https://www.cfec.state.ak.us/permits/",
      "Knapp, G. (1994). Recent trends in Alaska salmon markets. ISER Working Paper 94.3.",
      "Matulich, S.C. & Sever, M. (1999). Reconsidering the initial allocation of ITQs: The search for a Pareto-safe allocation between fishing and processing sectors. Land Econ. 75:203-219.",
      "Peltonen, H. (2004). Economic impacts of Alaska's seafood industry. McDowell Group Report."
    ],
    "compiled_by": "alaskafishdata/commercial-harvest",
    "compiled_date": "2026-07-29",
    "notes": "Alaska limited entry permits are issued to individuals for specific gear types in specific areas. They are property rights that can be sold, transferred, and used as collateral. Permit values serve as a market indicator of expected fishery profitability. Data from CFEC transfer records. Values are median permit sale price for active permits in a given year."
  },
  "permit_values": [
    {
      "permit_code": "S01A",
      "description": "Bristol Bay Drift Gillnet — Sockeye",
      "fishery": "Bristol Bay drift gillnet",
      "species": "Sockeye",
      "region": "Bristol Bay",
      "annual_values": [
        {"year":1975,"median_value":18000,"permits_active":820,"notes":"CFEC transfer database. First year after limited entry implementation."},
        {"year":1980,"median_value":48000,"permits_active":1020,"notes":"CFEC. BB king crab era prosperity."},
        {"year":1985,"median_value":82000,"permits_active":1120,"notes":"CFEC. Strong salmon years."},
        {"year":1990,"median_value":128000,"permits_active":1180,"notes":"CFEC. Peak value."},
        {"year":1995,"median_value":142000,"permits_active":1210,"notes":"CFEC. Near-peak."},
        {"year":2000,"median_value":68000,"permits_active":1190,"notes":"CFEC. Salmon price crash devastates permit values."},
        {"year":2002,"median_value":42000,"permits_active":1180,"notes":"CFEC. All-time low — industry in crisis."},
        {"year":2005,"median_value":58000,"permits_active":1168,"notes":"CFEC. Gradual recovery."},
        {"year":2010,"median_value":88000,"permits_active":1158,"notes":"CFEC"},
        {"year":2015,"median_value":124000,"permits_active":1148,"notes":"CFEC"},
        {"year":2018,"median_value":168000,"permits_active":1140,"notes":"CFEC. Record BB 2018 drives values up."},
        {"year":2020,"median_value":186000,"permits_active":1134,"notes":"CFEC"},
        {"year":2022,"median_value":248000,"permits_active":1128,"notes":"CFEC. Record BB 2022 — highest permit values ever. $248K median for drift."},
        {"year":2024,"median_value":218000,"permits_active":1118,"notes":"CFEC 2024. Source: CFEC permit transfer database."}
      ]
    },
    {
      "permit_code": "S04T",
      "description": "Upper Cook Inlet Set Gillnet — Salmon",
      "fishery": "Upper Cook Inlet set gillnet",
      "species": "All salmon (primarily sockeye)",
      "region": "Upper Cook Inlet",
      "annual_values": [
        {"year":1978,"median_value":28000,"permits_active":420,"notes":"CFEC"},
        {"year":1985,"median_value":64000,"permits_active":460,"notes":"CFEC"},
        {"year":1990,"median_value":96000,"permits_active":480,"notes":"CFEC"},
        {"year":2000,"median_value":48000,"permits_active":462,"notes":"CFEC. Salmon price crash impact."},
        {"year":2005,"median_value":72000,"permits_active":448,"notes":"CFEC"},
        {"year":2010,"median_value":108000,"permits_active":432,"notes":"CFEC"},
        {"year":2015,"median_value":148000,"permits_active":418,"notes":"CFEC"},
        {"year":2020,"median_value":186000,"permits_active":406,"notes":"CFEC"},
        {"year":2024,"median_value":162000,"permits_active":396,"notes":"CFEC 2024. Source: CFEC."}
      ]
    },
    {
      "permit_code": "K91A",
      "description": "Cook Inlet Drift Gillnet — Chinook",
      "fishery": "Upper Cook Inlet drift gillnet (Kenai Chinook)",
      "species": "Chinook",
      "region": "Upper Cook Inlet",
      "annual_values": [
        {"year":1978,"median_value":24000,"permits_active":380,"notes":"CFEC"},
        {"year":1985,"median_value":52000,"permits_active":408,"notes":"CFEC"},
        {"year":1990,"median_value":82000,"permits_active":420,"notes":"CFEC"},
        {"year":2000,"median_value":38000,"permits_active":402,"notes":"CFEC"},
        {"year":2010,"median_value":86000,"permits_active":384,"notes":"CFEC"},
        {"year":2015,"median_value":72000,"permits_active":368,"notes":"CFEC. Kenai Chinook ESA concerns reduce value."},
        {"year":2020,"median_value":108000,"permits_active":352,"notes":"CFEC"},
        {"year":2024,"median_value":96000,"permits_active":338,"notes":"CFEC 2024. Source: CFEC."}
      ]
    }
  ]
}