Individual Trandsferable Fishing Quotas in Chile: Recent History and Current Debates
AbstractArtisanal and industrial fishing sectors in Chile require the consolidation of fishery management schemes that promote the rationalization of fishing efforts, adjusting them to scarcer fish stocks. We argue that a system based on Individual Transferable Quotas (ITQs) is the best available option, especially for the industrial sector. Individual assignments favor the coordination of collective solutions to rationalizing fishing efforts, while transferability promotes economically efficient solutions to the excessive fishing capacity problem. We propose an initial assignment of ITQs based on historical presence, conditioning the ITQ user-rights to annual payments that allow financing of the ITQs' management and enforcement costs. We defend an initial assignment of ITQs as transitory user-rights, with a reasonably long period of validity (15-20 years). We argue that this favors the political viability of being able to continue perfecting the ITQs system in the future. We also propose to empower Artisanal Fishermen Associations, which be able to provide reliable proofs of having relevant local representation, with faculties for deciding on and administering the distribution and use (among their members) of the total quota assigned to them by the fisheries regulator. These self-governing faculties would include the possibility of allowing for transferability of individual quota allocations. Finally, we propose that artisanal fishermen have the legal ability to carry out transactions with industrial interests, so that some proportion of the industrial quota could be caught inside the first five miles (currently being a reserved zone for artisanal fishing), for example using artisanal vessels for these purposes.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Ilades-Georgetown University, Universidad Alberto Hurtado/School of Economics and Bussines in its series ILADES-Georgetown University Working Papers with number inv139.
Date of creation:
Date of revision:
This paper has been announced in the following NEP Reports:
- NEP-ALL-2002-12-02 (All new papers)
- NEP-COM-2002-12-02 (Industrial Competition)
- NEP-HIS-2002-12-02 (Business, Economic & Financial History)
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.:
- Hatcher, A., 1996. "Devolved management of fish quotas in the United Kingdom: producers' organizations and individual quota systems," Discussion Papers 97., Centre for the Economics and Management of Aquatic Resources.
- Julio Peñ-Torres, 1999. "Harvesting Preemption, Industrial Concentration and Enclosure of National Marine Fisheries," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 14(4), pages 545-571, December.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Marcela Perticara).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.