Multilateral Governance Of Fisheries: Management And Cooperation In The Western And Central Pacific Tuna Fisheries
AbstractThe tuna resources of the Western and Central Pacific are the world's largest and most valuable fisheries of their type and are of significant economic importance to the Pacific island countries through whose waters they migrate. Two major concerns exist with the current governance of this fishery. First, Pacific island countries receive only a small share of the resource rents from the tuna fisheries. Second, the current management structure of the fisheries will not ensure the long-term sustainability of the resources. This paper derives a model to show that the sustainability of the resource can be improved when a single policymaker acts as Stackelberg leader and sets a tax, or an equivalent quantity instrument, to maximize rents from the resource. A practical institutional mechanism is presented that mimics the model's rent maximization outcome and that offers substantial benefits to both Pacific island countries and distant water fishing nations.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Marine Resources Foundation in its journal Marine Resource Economics.
Volume (Year): 18 (2003)
Issue (Month): 4 ()
Contact details of provider:
Web page: http://www.uri.edu/cels/enre/mre/mre.htm
Resource /Energy Economics and Policy;
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Carlson, Curtis & Burtraw, Dallas & Cropper, Maureen & Palmer, Karen L., 1998.
"Sulfur dioxide control by electric utilities : what are the gains from trade?,"
Policy Research Working Paper Series
1966, The World Bank.
- Curtis Carlson & Dallas Burtraw & Maureen Cropper & Karen L. Palmer, 2000. "Sulfur Dioxide Control by Electric Utilities: What Are the Gains from Trade?," Journal of Political Economy, University of Chicago Press, vol. 108(6), pages 1292-1326, December.
- Burtraw, Dallas & Palmer, Karen & Cropper, Maureen & Carlson, Curtis, 1998. "Sulfur-Dioxide Control By Electric Utilities: What Are the Gains from Trade?," Discussion Papers dp-98-44-rev, Resources For the Future.
- Joskow, Paul L & Schmalensee, Richard & Bailey, Elizabeth M, 1998. "The Market for Sulfur Dioxide Emissions," American Economic Review, American Economic Association, vol. 88(4), pages 669-85, September.
- R. Quentin Grafton & Leif K. Sandal & Stein Ivar Steinshamn, 2000. "How to Improve the Management of Renewable Resources: The Case of Canada's Northern Cod Fishery," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(3), pages 570-580.
- Bertignac, Michel & Campbell, Harry F. & Hampton, John & Hand, Anthony J., 2000. "Maximizing Resource Rent From The Western And Central Pacific Tuna Fisheries," Marine Resource Economics, Marine Resources Foundation, vol. 15(3).
- Arnason, Ragnar & Magnusson, Gylfi & Agnarsson, Sveinn, 2000. "The Norwegian Spring-Spawning Herring Fishery: A Stylized Game Model," Marine Resource Economics, Marine Resources Foundation, vol. 15(4).
- Kaitala, Veijo & Munro, Gordon R., 1993. "The Management of High Seas Fisheries," Marine Resource Economics, Marine Resources Foundation, vol. 8(4).
- R. Quentin Grafton, 2000. "Governance of the Commons: A Role for the State?," Land Economics, University of Wisconsin Press, vol. 76(4), pages 504-517.
- Pintassilgo, Pedro & Duarte, Clara Costa, 2000. "The New-Member Problem In The Cooperative Management Of High Seas Fisheries," Marine Resource Economics, Marine Resources Foundation, vol. 15(4).
- Brasao, Ana & Duarte, Clara Costa & Cunha-e-Sa, Maria A., 2000. "Managing The Northern Atlantic Bluefin Tuna Fisheries: The Stability Of The Un Fish Stock Agreement Solution," Marine Resource Economics, Marine Resources Foundation, vol. 15(4).
- R. Quentin Grafton & Rognvaldur Hannesson & Bruce Shallard & Daryl Sykes & Joe Terry, 2006. "The Economics of Allocation in Tuna Regional Fisheries Management Organizations (RFMOS)," Economics and Environment Network Working Papers 0612, Australian National University, Economics and Environment Network.
- Munro, Gordon R., 2007. "Internationally Shared Fish Stocks, the High Seas, and Property Rights in Fisheries," Marine Resource Economics, Marine Resources Foundation, vol. 22(4).
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.