Bycatch ITQ Management in Oligopolistic Fisheries
AbstractThis paper analyzes the effects of an individual transferable quota (ITQ) system implemented on bycatch on the global harvest level of oligopolistic fisheries. We show that the impact of changes in the total allowable catch (TAC) on the equilibrium harvest level depends on the degree of returns to scale in harvest. In particular, a reduction in the TAC may lead to a rise in activity in fisheries characterized by some amount of increasing returns to scale. Besides, these effects appear to be stronger, the fiercer the competition within fisheries.
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Bibliographic InfoPaper provided by CEREGMIA, Université des Antilles et de la Guyane in its series Documents de Travail with number 2011-05.
Length: 18 pages
Date of creation: Sep 2011
Date of revision:
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Web page: http://www.ceregmia.eu/
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oligopolistic competition; fisheries; bycatch; ITQs;
Find related papers by JEL classification:
- Q21 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Demand and Supply (the Commons)
- Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery
- D43 - Microeconomics - - Market Structure and Pricing - - - Oligopoly and Other Forms of Market Imperfection
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-01-03 (All new papers)
- NEP-COM-2012-01-03 (Industrial Competition)
- NEP-ENV-2012-01-03 (Environmental Economics)
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