An empirical analysis of the economic value of ocean space associated with commercial fishing

► Net revenues from commercial fishing at the 10-min square level were estimated. ► Maps of net revenue and variability in the study area were developed. ► Interactions among catch, effort, season, and gear type were modeled. ► Variability in catch revenue can be explained mostly by changes in fishing effort. ► A spatial scale of at least the 10-min square is appropriate for undertaking MSP.