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The Effects of Buy-Back Programs in the British Columbia Salmon Fishery

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Author Info

  • R. Quentin Grafton

    () (Australian National University, Asia Pacific School of Economics and Government)

  • Harry W. Nelson

Abstract

Policymakers have implemented five distinct buybacks of either vessels or salmon licenses over the past three decades in the British Columbia (BC) salmon fishery. The earliest buyback was one of the first of its kind in any fishery and the most recent buyback is one of the largest ever in terms of reducing vessel numbers and the funds used. This paper reviews the circumstances under which these buybacks were conducted with an emphasis on their impact on reducing fishing capacity and effort. The focus is on the two most recent buybacks that took place in 1996 and 1998-2000, what has been learned and what they have achieved.

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File URL: http://een.anu.edu.au/download_files/een0505.pdf
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Bibliographic Info

Paper provided by Australian National University, Economics and Environment Network in its series Economics and Environment Network Working Papers with number 0505.

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Length: 26 pages
Date of creation: Aug 2005
Date of revision:
Handle: RePEc:anu:eenwps:0505

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Web page: http://een.anu.edu.au/

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Cited by:
  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.

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