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Private Property Rights And Crises In World Fisheries: Turning The Tide?

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Author Info
R. QUENTIN GRAFTON
DALE SQUIRES
JAMES E. KIRKLEY

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Abstract

This paper addresses the crises in the world's fisheries involving dwindling stocks, overcapitalization, and jurisdiction disputes from a property rights perspective. In particular, it examines the causes of the problems fishers face and explores the potential of privatizing the right to catch fish as a means to address the crises. The analysis assesses experiences of private harvesting rights with reference to monitoring and enforcement, allocating rights, economic benefits, adjustments in the fishery, and resource rents. It also examines issues such as fluctuating fish stocks, straddling stocks and high seas fisheries, and the endemic poverty of many artisanal fisheries in the context of current fisheries practice. Copyright 1996 Western Economic Association International.

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File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/j.1465-7287.1996.tb00636.x
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Publisher Info
Article provided by Western Economic Association International in its journal Contemporary Economic Policy.

Volume (Year): 14 (1996)
Issue (Month): 4 (October)
Pages: 90-99
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Handle: RePEc:bla:coecpo:v:14:y:1996:i:4:p:90-99

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  1. R. Quentin Grafton & Ragnar Arnason & Trond Bjorndal & David Campbell & Harry F. Campbell & Colin W. Clark & Robin Connor & Diane P. Dupont & Rognvaldur Hannesson & Ray Hilborn & James E. Kirkley & To, 2005. "Incentive-based approaches to sustainable fisheries (now replaced by EEN0508)," Economics and Environment Network Working Papers 0501, Australian National University, Economics and Environment Network. [Downloadable!]
  2. Tom Kompas & Tuong Nhu Che & R. Quentin Grafton, 2004. "Technical efficiency effects of input controls: evidence from Australia's banana prawn fishery," Applied Economics, Taylor and Francis Journals, vol. 36(15), pages 1631-1641, August. [Downloadable!] (restricted)
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  3. Gautam Sethi & Christopher Costello & Anthony Fisher & W. Hanemann & Larry Karp, 2004. "Fishery Management Under Multiple Uncertainty," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series 929, Department of Agricultural & Resource Economics, UC Berkeley. [Downloadable!]
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