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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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Evidence of package trading in a mature multi-species ITQ market ArchiMer
Innes, James; Thebaud, Olivier; Norman-lopez, Ana; Little, L. Richard; Kung, John.
In multi-species fisheries managed under ITQs, the existence of joint production may lead to complex catch-quota balancing issues. Previous modelling and experimental research suggest that, in such fisheries, some fishers may benefit from the ability to trade packages of fishing quotas, rather than fulfil their quota needs by simultaneously bidding on separate single-species quota markets. This note presents evidence of naturally occurring package trades in a real fishery. Based on this evidence, we suggest that further empirical and modelling research is required on the potential and limitations of package quota trading in mixed fisheries managed with ITQs.
Tipo: Text Palavras-chave: ITQs; Mixed fisheries; Package trading; Joint production; Great Barrier Reef.
Ano: 2014 URL: http://archimer.ifremer.fr/doc/00173/28470/32144.pdf
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Fishers’ opinions on marketization of property rights and the quota system in France ArchiMer
Frangoudes, Katia; Bellanger, Manuel.
After many years of Common Fisheries Policies in the European Union, 88% of stocks are still being fished beyond their Maximum Sustainable Yield. While several Member States and the European Commission are moving toward Individual Transferable Quotas as a solution, France has declared its opposition to such marketization of fishing access rights and a national law has classified fisheries resources as a collective heritage. This paper discusses the evolution of the French system, principally its distribution of access rights by the Producer Organizations instead of the market. However, the Producer Organizations, which are more linked to the industrial fleet organizations, have not always modified their sharing formulae to include small-scale fisheries,...
Tipo: Text Palavras-chave: ITQs; Quota allocation; Small-scale fisheries.
Ano: 2017 URL: http://archimer.ifremer.fr/doc/00366/47768/47854.pdf
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Individual transferable quotas and conservation: a critical assessment Ecology and Society
Acheson, James; University of Maine; acheson@maine.edu; Apollonio, Spencer; ; spencerapollonio@yahoo.com; Wilson, James; University of Maine; jwilson@maine.edu.
Individual transferable quotas (ITQs) have become a popular management tool for fisheries. They have been promoted in some quarters and seriously criticized in others because of their social and economic impacts. A more serious problem is that ITQs provide exclusive access to public resources presumably in return for some public benefit, namely conservation; however, in a high percentage of cases they do not conserve fish stocks. In this article, we focus on the reasons that ITQs do not conserve stocks. We point to a number of phenomena identified in the literature as affecting stocks of fish, including problems with total allowable catch (TAC), ecological hierarchy theory, r and K species, the Allee effect, scale and metapopulation structure, the need to...
Tipo: Peer-Reviewed Synthesis Palavras-chave: Fisheries management; Individual transferable quota; ITQs; Quota management.
Ano: 2015
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Micro-economic drivers of profitability in an ITQ-managed fishery: An analysis of the Queensland Coral Reef Fin-Fish Fishery ArchiMer
Thebaud, Olivier; Innes, James; Norman-lopez, Ana; Slade, Stephanie; Cameron, Darren; Cannard, Toni; Tickell, Sharon; Kung, John; Kerrigan, Brigid; Williams, Lew; Little, L. Richard.
An economic survey of the commercial operators currently active in the Queensland Coral Reef Fin-Fish Fishery has been carried out, as part of a research project aimed at evaluating alternative management options for this fishery. This paper presents the background analysis used as a basis to develop the sampling design for this survey. The background analysis focuses on activity patterns of the fleet based on effort and catch information, as well as patterns of quota ownership. Based on this information, a fishing business profile describing the micro-economic structure of fishing operations is developed. This profile, in conjunction with the qualitative information gained in undertaking the economic surveys, allows preliminary understanding of the key...
Tipo: Text Palavras-chave: Commercial fishing; Queensland Coral Reef Fin-Fish Fishery; Great Barrier Reef; Business structures; ITQs; Diversification.
Ano: 2014 URL: https://archimer.ifremer.fr/doc/00250/36166/34749.pdf
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Modelling an ITQ Scheme in the Galapagos Marine Reserve Spiny Lobster Fishery AgEcon
Alvear, Santiago A. Bermeo.
This paper assesses the distributional and economic impacts resulting from a hypothetical individual quota management system in the Galápagos spiny lobster fishery. Using data from the Fisheries Monitoring Programme, an implicit function is derived and evaluated at a total allowable catch to estimate an equilibrium price for quota. By comparing this with each vessel-owner's implicit quota price, the number of fishers who will have an economic incentive to sell quota is estimated. The outcomes of the model indicate that the equity implications, as well as the economic benefits, resulting from the introduction of an ITQ system would be significant.
Tipo: Conference Paper or Presentation Palavras-chave: Galapagos Marine Reserve; Fisheries management; Spiny lobster; ITQs; Resource /Energy Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/31973
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Out of the pot and into the money: Managing the Western Rock Lobster Fishery by ITE's or ITQ's? AgEcon
McLeod, Paul; Lindner, Robert K.; Nicholls, John.
The West Coast Rock Lobster fishery is Australia's most valuable commercial fishery. Around 550 vessels harvest an average of 10,500 tonnes of lobster per annum. The industry has an enviable track record of biological management based on a variety of input controls, although three significant pot reduction interventions have been necessary in recent years. An evaluation of a range of possible future management regimes is reported in this paper. The results were derived from a purpose built bio-economic model three separate biological zones in the fishery using non linear optimization to produce ten year steady state solutions for alternative management options. Management options included the current pot control system, and versions of variable...
Tipo: Conference Paper or Presentation Palavras-chave: Rock lobster; Quotas; ITQs; Western Australia; Bioeconomic; Economic benefits; Resource /Energy Economics and Policy.
Ano: 2007 URL: http://purl.umn.edu/10403
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