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ITQs under illegal fishing: An application to the red shrimp fishery in Chile

Author

Listed:
  • Chávez, Carlos
  • González, Nuria
  • Salgado, Hugo

Abstract

We study an individual transferable quota system with imperfect enforcement. We apply a model of individual fisherman behavior to the red shrimp (Pleuroncodes monodon) fishery in central-southern Chile. Simulation results suggest that illegal fishing could generate a 21% increase in fishing effort, resulting in a 13% increase in catch and a 2% lower quota price in comparison with the results of a system that operates under perfect compliance. The results are sensitive to changes in the level of fish abundance, total allowable catch, and the design of enforcement to induce compliance.

Suggested Citation

  • Chávez, Carlos & González, Nuria & Salgado, Hugo, 2008. "ITQs under illegal fishing: An application to the red shrimp fishery in Chile," Marine Policy, Elsevier, vol. 32(4), pages 570-579, July.
    • Handle: RePEc:eee:marpol:v:32:y:2008:i:4:p:570-579
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    Citations

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    Cited by:

    1. Salgado, Hugo & Chávez, Carlos A. & Miller, Montserrat & Stranlund, John K., 2015. "ITQ markets with administrative costs: An application to the industrial common sardine and anchovy fishery in Chile," Marine Policy, Elsevier, vol. 62(C), pages 178-185.
    2. Hugo Salgado & Carlos Chávez, 2016. "Using Taxes to Deter Illegal Fishing in ITQ Systems," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 64(4), pages 709-724, August.
    3. Chenyang Xu & Klaas van’t Veld, 2020. "Team Inspection in the Management of Common-Pool Resources When Corruption is Present," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 75(3), pages 553-584, March.
    4. Parés, Claudio & Dresdner, Jorge & Salgado, Hugo, 2015. "Who should set the total allowable catch? Social preferences and legitimacy in fisheries management institutions," Marine Policy, Elsevier, vol. 54(C), pages 36-43.

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