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An economic approach to understanding the international transfer of bycatch from unilateral bycatch reduction policies

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  • Mukherjee, Zinnia

Abstract

This paper contributes to an interdisciplinary discussion on the role of unilaterally imposed bycatch reduction policies vis-à-vis multilateral bycatch reduction agreements in an open economy. Through international trade, unilaterally imposed bycatch reduction policies can lead to a transfer of bycatch related environmental damage to foreign countries. The magnitude of this transfer or spillover effect depends on many economic factors. The paper includes an analytical discussion of those supply and demand side factors, which can be used to explain the differences in empirical findings of the transfer effect in various contexts. From a policy perspective, the discussion serves to define the extent of government intervention needed to mitigate the spillover effect in any given context. It also helps to identify the scope of regional multilateral bycatch reduction agreements as a way of coordinating efforts among countries that participate in bycatch related fish trade.

Suggested Citation

  • Mukherjee, Zinnia, 2015. "An economic approach to understanding the international transfer of bycatch from unilateral bycatch reduction policies," Marine Policy, Elsevier, vol. 51(C), pages 190-195.
    • Handle: RePEc:eee:marpol:v:51:y:2015:i:c:p:190-195
    DOI: 10.1016/j.marpol.2014.07.024
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