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Fishing Technology and Optimal Distribution of Harvest Rates

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  • Escapa García, Marta
  • Prellezo Iguarán, Raúl

Abstract

In this paper we analyze the optimal management of a joint ownership fishery exploitation model where agents use different fishing gears. As opposed to other works, we consider a model in which the fishing technology affects resource's growth not only through the harvest function, but also through the natural growth rate of the resource. The main objective is to capture the evidence that some fishing gears alter the habitat of the resource, and may alter the natural growth rate of the resource. The main result we obtain is that, when the natural growth of the resource is altered by the fishing technology, the optimal stock is not independent of how harvest quotas are distributed among the agents. Thus, in this context, a fishing policy that determines, first, the optimum stock and, secondly, decides on how to distribute the harvest among the different agents will not be efficient.

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  • Escapa García, Marta & Prellezo Iguarán, Raúl, 1999. "Fishing Technology and Optimal Distribution of Harvest Rates," BILTOKI 1134-8984, Universidad del País Vasco - Departamento de Economía Aplicada III (Econometría y Estadística).
    • Handle: RePEc:ehu:biltok:5904
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    1. José-María Da-Rocha & María-José Gutiérrez, 2006. "The optimality of the Common Fisheries Policy: the Northern Stock of Hake," Spanish Economic Review, Springer;Spanish Economic Association, vol. 8(1), pages 1-21, March.
    2. Munro, Gordon R. & Scott, Anthony D., 1985. "The economics of fisheries management," Handbook of Natural Resource and Energy Economics, in: A. V. Kneese† & J. L. Sweeney (ed.), Handbook of Natural Resource and Energy Economics, edition 1, volume 2, chapter 14, pages 623-676, Elsevier.
    3. M. Garza-Gil, 1998. "ITQ Systems in Multifleet Fisheries," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 11(1), pages 79-92, January.
    4. Boyce, John R., 1996. "An Economic Analysis of the Fisheries Bycatch Problem," Journal of Environmental Economics and Management, Elsevier, vol. 31(3), pages 314-336, November.
    5. Turner, Matthew A., 1997. "Quota-Induced Discarding in Heterogeneous Fisheries," Journal of Environmental Economics and Management, Elsevier, vol. 33(2), pages 186-195, June.
    6. Gordon R. Munro, 1979. "The Optimal Management of Transboundary Renewable Resources," Canadian Journal of Economics, Canadian Economics Association, vol. 12(3), pages 355-376, August.
    7. Claire W. Armstrong & Ussif Rashid Sumaila, 2001. "Optimal Allocation of TAC and the Implications of Implementing an ITQ Management System for the North-East Arctic Cod," Land Economics, University of Wisconsin Press, vol. 77(3), pages 350-359.
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    Cited by:

    1. José-María Da-Rocha & Jaume Sempere, 2017. "ITQs, Firm Dynamics and Wealth Distribution: Does Full Tradability Increase Inequality?," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 68(2), pages 249-273, October.
    2. Mª. Dolores Garza Gil & Manuel M. Varela Lafuente & Juan C. Surís Regueiro, 2006. "Management of a fishery using taxes: The European hake fishery," Hacienda Pública Española / Review of Public Economics, IEF, vol. 177(2), pages 9-23, July.
    3. Sterner, Thomas, 2007. "Unobserved diversity, depletion and irreversibility The importance of subpopulations for management of cod stocks," Ecological Economics, Elsevier, vol. 61(2-3), pages 566-574, March.
    4. Elena Inarra & Anders Skonhoft, 2008. "Restoring a Fish Stock: A Dynamic Bankruptcy Problem," Land Economics, University of Wisconsin Press, vol. 84(2), pages 327-339.

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