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A Cautionary Note on Individual Transferable Quotas Ecology and Society
Sumaila, U. Rashid; UBC Fisheries Centre, University of British Columbia; r.sumaila@fisheries.ubc.ca.
Individual transferable quotas (ITQs) are a type of catch share system, which is a tool used by some governments to manage fisheries. Technical reasons for taking a rather cautious approach to the implementation of ITQs have been provided previously. In the current contribution, I first highlight the strengths and weaknesses of ITQs and then provide suggestions on how to design and implement these quotas to mitigate their weaknesses. ITQs need to be designed carefully as part of a broad ecosystem-based management scheme to meet the three generally accepted objectives of modern fisheries management: ecological, economic, and social sustainability.
Tipo: Peer-Reviewed Reports Palavras-chave: Catch shares; Ecological sustainability; Economic sustainability; Economic efficiency; Exclusive and transferable rights; Ecosystem-based fisheries management; Fisheries; Individual transferable quotas; ITQs; Social sustainability.
Ano: 2010
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Distributional issues in the operation of rights-based fisheries management systems ArchiMer
Guyader, Olivier; Thebaud, Olivier.
Rights-based management regimes are considered by economists as an important solution to the problems of excess capacity and biological over-harvesting of fisheries. In practice, adoption of such regimes, and particularly of those relying on individual quota allocations, has often met with resistance from within the fisheries concerned. A key reason for this resistance appears to be the distributional conflicts which arise in the process of implementing the regimes. An economic analysis of the nature of these conflicts in the different contexts in which they have been observed is proposed. The approach centres on the way in which distributional conflicts can influence the operation of management systems and their impacts on fisheries, from the country to...
Tipo: Text Palavras-chave: Fisheries management; Rights-based management; Individual transferable quotas; Distributional issues; Economic simulation.
Ano: 2001 URL: https://archimer.ifremer.fr/doc/00244/35524/34808.pdf
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Efficiency Gains and Cost Reductions from Individual Transferable Quotas: A Stochastic Cost Frontier for the Australian South East Fishery AgEcon
Kompas, Tom; Che, Tuong Nhu.
In this paper efficiency gains and associated cost reductions from increases in traded quota are estimated with a stochastic cost frontier for the Australian South East Trawl Fishery (SETF). Estimation of this frontier also provides key information on the relative importance of input costs in the SETF, returns to scale, variations in costs as a result of trade in quota and the economic performance of each fishing vessel, year to year. Final estimations indicate that increases in the volume of quota traded have resulted in considerable efficiency gains and cost reductions in the SETF, ranging from 1.8 to 3.5 cents per kilogram for surveyed vessels for every one per cent increase in the volume of quota traded, or 1 to 2.4 per cent of total variable costs,...
Tipo: Conference Paper or Presentation Palavras-chave: Individual transferable quotas; Stochastic cost frontier; Fishery efficiency; International Relations/Trade; Q22; Q28.
Ano: 2003 URL: http://purl.umn.edu/57907
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