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The Economics of Allocation in Tuna Regional Fisheries Management Organizations (RFMOS)

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Author Info

  • 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

Abstract

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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File URL: http://een.anu.edu.au/download_files/een0612.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 0612.

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Length: 16 pages
Date of creation: Dec 2006
Date of revision:
Handle: RePEc:anu:eenwps:0612

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

Related research

Keywords: tuna; property rights; allocation;

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  1. Tom Kompas & Tuong Nhu Che & R. Quentin Grafton, 2003. "Technical efficiency effects of input controls: evidence from Australia's banana prawn fishery," International and Development Economics Working Papers, International and Development Economics idec03-3, International and Development Economics.
  2. 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, Australian National University, Economics and Environment Network 0508, Australian National University, Economics and Environment Network.
  3. Grafton, R.Q. & Squires, D. & Fox, K.J., 1998. "Private Property and Economic Efficiency: A Study of a Common-Pool Resource," Working Papers, University of Ottawa, Department of Economics 9804e, University of Ottawa, Department of Economics.
  4. Ralph E. Townsend, 1990. "Entry Restrictions in the Fishery: A Survey of the Evidence," Land Economics, University of Wisconsin Press, vol. 66(4), pages 359-378.
  5. Hannah Parris & R. Quentin Grafton, 2005. "Tuna-Led Sustainable Developlment in the Pacific," Economics and Environment Network Working Papers, Australian National University, Economics and Environment Network 0507, Australian National University, Economics and Environment Network.
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