202-328-5000 www.rff.orgCatch-Quota Balancing in Multispecies Individual Fishing Quotas
Individual fishery quotas (IFQs) are an increasingly prevalent form of fishery management around the world, with more than 170 species currently managed with IFQs. Yet, because of the difficulties in matching quota holdings with catches, many argue that IFQs are not appropriate for multispecies fish...
Main Authors: | , , , |
---|---|
Other Authors: | |
Format: | Text |
Language: | English |
Published: |
2005
|
Subjects: | |
Online Access: | http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.160.4958 http://www.fakr.noaa.gov/npfmc/sci_papers/IFQ.pdf |
id |
ftciteseerx:oai:CiteSeerX.psu:10.1.1.160.4958 |
---|---|
record_format |
openpolar |
spelling |
ftciteseerx:oai:CiteSeerX.psu:10.1.1.160.4958 2023-05-15T16:49:44+02:00 202-328-5000 www.rff.orgCatch-Quota Balancing in Multispecies Individual Fishing Quotas James N. Sanchirico Daniel Holl Kathryn Quigley Mark Fina The Pennsylvania State University CiteSeerX Archives 2005 application/pdf http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.160.4958 http://www.fakr.noaa.gov/npfmc/sci_papers/IFQ.pdf en eng http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.160.4958 http://www.fakr.noaa.gov/npfmc/sci_papers/IFQ.pdf Metadata may be used without restrictions as long as the oai identifier remains attached to it. http://www.fakr.noaa.gov/npfmc/sci_papers/IFQ.pdf Key Words Natural resources created markets tradable permits JEL Classification Numbers Q22 Q28 D40 L10 text 2005 ftciteseerx 2016-01-07T15:42:42Z Individual fishery quotas (IFQs) are an increasingly prevalent form of fishery management around the world, with more than 170 species currently managed with IFQs. Yet, because of the difficulties in matching quota holdings with catches, many argue that IFQs are not appropriate for multispecies fisheries. Using on-the-ground-experience with multispecies IFQ fisheries in Iceland, New Zealand, Australia, and Canada, we assess the design and use of catch-quota balancing mechanisms. Our methodology includes a mix of interviews with fishery managers, industry representatives, and brokers, literature review, and data analysis. We find that a combination of incentives and limits on use rates for the mechanisms provide sufficient flexibility to the quota owner without the fishery manager incurring excessive levels of overexploitation risk. Contrary to some opinions, these programs are evidence that it is possible to implement IFQ programs for multispecies fisheries and that they can be profitable and sustainable. Text Iceland Unknown Canada New Zealand |
institution |
Open Polar |
collection |
Unknown |
op_collection_id |
ftciteseerx |
language |
English |
topic |
Key Words Natural resources created markets tradable permits JEL Classification Numbers Q22 Q28 D40 L10 |
spellingShingle |
Key Words Natural resources created markets tradable permits JEL Classification Numbers Q22 Q28 D40 L10 James N. Sanchirico Daniel Holl Kathryn Quigley Mark Fina 202-328-5000 www.rff.orgCatch-Quota Balancing in Multispecies Individual Fishing Quotas |
topic_facet |
Key Words Natural resources created markets tradable permits JEL Classification Numbers Q22 Q28 D40 L10 |
description |
Individual fishery quotas (IFQs) are an increasingly prevalent form of fishery management around the world, with more than 170 species currently managed with IFQs. Yet, because of the difficulties in matching quota holdings with catches, many argue that IFQs are not appropriate for multispecies fisheries. Using on-the-ground-experience with multispecies IFQ fisheries in Iceland, New Zealand, Australia, and Canada, we assess the design and use of catch-quota balancing mechanisms. Our methodology includes a mix of interviews with fishery managers, industry representatives, and brokers, literature review, and data analysis. We find that a combination of incentives and limits on use rates for the mechanisms provide sufficient flexibility to the quota owner without the fishery manager incurring excessive levels of overexploitation risk. Contrary to some opinions, these programs are evidence that it is possible to implement IFQ programs for multispecies fisheries and that they can be profitable and sustainable. |
author2 |
The Pennsylvania State University CiteSeerX Archives |
format |
Text |
author |
James N. Sanchirico Daniel Holl Kathryn Quigley Mark Fina |
author_facet |
James N. Sanchirico Daniel Holl Kathryn Quigley Mark Fina |
author_sort |
James N. Sanchirico |
title |
202-328-5000 www.rff.orgCatch-Quota Balancing in Multispecies Individual Fishing Quotas |
title_short |
202-328-5000 www.rff.orgCatch-Quota Balancing in Multispecies Individual Fishing Quotas |
title_full |
202-328-5000 www.rff.orgCatch-Quota Balancing in Multispecies Individual Fishing Quotas |
title_fullStr |
202-328-5000 www.rff.orgCatch-Quota Balancing in Multispecies Individual Fishing Quotas |
title_full_unstemmed |
202-328-5000 www.rff.orgCatch-Quota Balancing in Multispecies Individual Fishing Quotas |
title_sort |
202-328-5000 www.rff.orgcatch-quota balancing in multispecies individual fishing quotas |
publishDate |
2005 |
url |
http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.160.4958 http://www.fakr.noaa.gov/npfmc/sci_papers/IFQ.pdf |
geographic |
Canada New Zealand |
geographic_facet |
Canada New Zealand |
genre |
Iceland |
genre_facet |
Iceland |
op_source |
http://www.fakr.noaa.gov/npfmc/sci_papers/IFQ.pdf |
op_relation |
http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.160.4958 http://www.fakr.noaa.gov/npfmc/sci_papers/IFQ.pdf |
op_rights |
Metadata may be used without restrictions as long as the oai identifier remains attached to it. |
_version_ |
1766039935526109184 |