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Development in fleet fishing capacity in rights based fisheries

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  • Asche, Frank
  • Bjørndal, Marianne Tranberg
  • Bjørndal, Trond

Abstract

Individual Transferable Quota (ITQ) fisheries management systems are supposed to remedy the over-capacity problem associated with traditional command-and-control management systems. This paper provides some insight with respect to the impact of ITQs on vessel numbers in six different countries. The results indicate that the number of vessels was reduced by at least 30% within a few years of the implementation of individual vessel quotas. Thereafter a slow reduction in vessel numbers continued, indicating that it may take time period before over-capacity is fully removed. Moreover, the total effect on vessel numbers is surprisingly similar across countries and fisheries despite different degrees of transferability in the different cases analysed.

Suggested Citation

  • Asche, Frank & Bjørndal, Marianne Tranberg & Bjørndal, Trond, 2014. "Development in fleet fishing capacity in rights based fisheries," Marine Policy, Elsevier, vol. 44(C), pages 166-171.
    • Handle: RePEc:eee:marpol:v:44:y:2014:i:c:p:166-171
    DOI: 10.1016/j.marpol.2013.08.018
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    References listed on IDEAS

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    2. Thøgersen, Thomas & Eigaard, Ole Ritzau & Fitzpatrick, Mike & Mardle, Simon & Andersen, Jesper Levring & Haraldsson, Gunnar, 2015. "Economic gains from introducing international ITQs—The case of the mackerel and herring fisheries in the Northeast Atlantic," Marine Policy, Elsevier, vol. 59(C), pages 85-93.
    3. Standal, Dag & Sønvisen, Signe Annie & Asche, Frank, 2016. "Fishing in deep waters: The development of a deep-sea fishing coastal fleet in Norway," Marine Policy, Elsevier, vol. 63(C), pages 1-7.
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    5. Roy, Sunanda & Singh, Rajesh & Weninger, Quinn, 2021. "Entry under placement uncertainty," ISU General Staff Papers 202102240800001096, Iowa State University, Department of Economics.

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