A Policy Analysis of the BC Salmon Fishery

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A Policy Analysis of the BC Salmon Fishery

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Richard Schwindt
Aidan R. Vining
David Weimer

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Abstract

Between 1996 and 2001 the Government of Canada implemented a multi-million dollar program to restructure and revitalize the British Columbia wild salmon fishery in order to avoid an economic and ecological collapse. This paper provides a brief history of BC salmon fishery policy with emphasis on the restructuring of the 1990s, documents the current state of the fishery, and provides an analysis of four policy options: the current, restructured fishery; a licence auction and landings tax regime; the allocation of river-specific, exclusive ownership and harvesting rights (with cooperative ownership on the Fraser River); and the implementation of individual transferable harvesting quotas (ITQs). Each policy is evaluated in terms of three major goals: economic efficiency, resource preservation, and equity. The analysis indicates that river-specific, exclusive ownership rights together with cooperative ownership on the Fraser are most likely to achieve the best mix of these goals.

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Article provided by University of Toronto Press in its journal Canadian Public Policy.

Volume (Year): 29 (2003)
Issue (Month): 1 (March)
Pages: 73-93
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Handle: RePEc:cpp:issued:v:29:y:2003:i:1:p:73-93

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References listed on IDEAS
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.:

Kathleen A. Miller, 1996. "Salmon Stock Variability And The Political Economy Of The Pacific Salmon Treaty," Contemporary Economic Policy, Western Economic Association International, vol. 14(3), pages 112-129, 07. [Downloadable!] (restricted)
Johnson, Ronald N & Libecap, Gary D, 1982. "Contracting Problems and Regulation: The Case of the Fishery," American Economic Review, American Economic Association, vol. 72(5), pages 1005-22, December. [Downloadable!] (restricted)
A. Bruce Arai, 1994. "Policy and Practice in the Atlantic Fisheries: Problems of Regulatory Enforcement," Canadian Public Policy, University of Toronto Press, vol. 20(4), pages 353-364, December. [Downloadable!] (restricted)
Wallace E. Oates & Paul R. Portney, 1992. "Economic Incentives and the Containment of Global Warming," Eastern Economic Journal, Eastern Economic Association, vol. 18(1), pages 85-98, Winter. [Downloadable!]
De Voretz, Don & Schwindt, Richard, 1985. "Harvesting Canadian Fish and Rents: A Partial Review of the Report of the Commission on Canadian Pacific Fisheries Policy," Marine Resource Economics, Marine Resources Foundation, vol. 1(4). [Downloadable!]
Agnello, Richard J & Donnelley, Lawrence P, 1975. "Property Rights and Efficiency in the Oyster Industry," Journal of Law & Economics, University of Chicago Press, vol. 18(2), pages 521-33, October.
Dupont, Diane P., 1990. "Rent dissipation in restricted access fisheries," Journal of Environmental Economics and Management, Elsevier, vol. 19(1), pages 26-44, July. [Downloadable!] (restricted)
Ostrom, Elinor & Gardner, Roy, 1993. "Coping with Asymmetries in the Commons: Self-Governing Irrigation Systems Can Work," Journal of Economic Perspectives, American Economic Association, vol. 7(4), pages 93-112, Fall. [Downloadable!] (restricted)
Boyce, John R., 1993. "Using Participation Data to Estimate Fishing Costs for Commercial Salmon Fisheries in Alaska," Marine Resource Economics, Marine Resources Foundation, vol. 8(4). [Downloadable!]
David Feeny & Susan Hanna & Arthur F. McEvoy, 1996. "Questioning the Assumptions of the "Tragedy of the Commons" Model of Fisheries," Land Economics, University of Wisconsin Press, vol. 72(2), pages 187-205. [Downloadable!] (restricted)
R. Quentin Grafton & Daniel E. Lane, 1998. "Canadian Fisheries Policy: Challenges and Choices," Canadian Public Policy, University of Toronto Press, vol. 24(2), pages 133-147, June. [Downloadable!] (restricted)
Other versions:
- Grafton, R-Q & Lane, D-E, 1997. "Canadian Fisheries Policy : Challenges and Choices," Working Papers 9703e, University of Ottawa, Department of Economics.

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