R. Quentin Grafton () (Australian National University, Crawford School of Economics and Government) Rognvaldur Hannesson () (Norwegian School of Economics and Business Administration) Bruce Shallard () Daryl Sykes Joe Terry
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The paper reviews existing allocation mechanisms in the five tuna regional fisheries management organizatins and shows that although they have adopted different approaches all have failed to prevent overcapacity and, or some stocks, overexploitation. As an alternative, it is proposed that each tuna regional fishing management organization establish total allowable catches by species and area, and then allocate non-transferable and permanent country shares (as a proportion of the total harvest) to member countries. Each country would be free to use or sell its annual allocation of fish that would be determined by the permanent country shares, but the sales could only be to fellow member countries. A two-tier allocation to countries of permanenet shares of a total allowable catch, and then annual harvest allocations to vessels of member countries, offers the promise of mitigating, and possibly overcoming, the twin problems of overcapacity and overexploitation in the highly migratory and high seas tuna fisheries.
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Find related papers by JEL classification: Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery Q27 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Renewable Resources and Conservation: Issues in International Trade
This paper has been announced in the following NEP Reports:
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.:
Grafton, Quentin R. & Arnason, Ragnar & Bjorndal, Trond & Campbell, David & Campbell, Harry F. & Clark, Colin W. & Connor, Robin & Dupont, Diane P. & Hannesson, Rognvaldur & Hillborn, Ray & Kirkley, J, 2007.
"Incentive-based approaches to sustainable fisheries,"
Staff General Research Papers
12766, Iowa State University, Department of Economics.
Other versions:
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,"
Economics and Environment Network Working Papers
0508, Australian National University, Economics and Environment Network.
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