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Individual Vessel Quotas and Increased Fishing Pressure on Unregulated Species

  • Frank Asche
  • Daniel V. Gordon
  • Carsten L. Jensen

When individual vessel quotas are used in fisheries management, quotas are set species by species, in most cases. Often, it is only the most important of the target species that are regulated by quota. There is a growing concern that the introduction of individual vessel quotas leads to increased fishing pressure on unregulated species. To model the behavior of fishermen with this regulatory structure, a constrained profit function is used, where the quota species are treated as fixed, while the unregulated species are variable. An empirical analysis is provided for Norwegian purse seiners.

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File URL: http://le.uwpress.org/cgi/reprint/83/1/41
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Article provided by University of Wisconsin Press in its journal Land Economics.

Volume (Year): 83 (2007)
Issue (Month): 1 ()
Pages: 41-49

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Handle: RePEc:uwp:landec:v:83:y:2007:i:1:p:41-49
Contact details of provider: Web page: http://le.uwpress.org/

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  1. Lau, Lawrence J., 1976. "A characterization of the normalized restricted profit function," Journal of Economic Theory, Elsevier, vol. 12(1), pages 131-163, February.
  2. Moschini, GianCarlo, 1988. "Model of Production with Supply Management for the Canadian Agricultural Sector, A," Staff General Research Papers 11269, Iowa State University, Department of Economics.
  3. Quinn Weninger, 1998. "Assessing Efficiency Gains from Individual Transferable Quotas: An Application to the Mid-Atlantic Surf Clam and Ocean Quahog Fishery," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(4), pages 750-764.
  4. Fuss, Melvyn & McFadden, Daniel, 1978. "Production Economics: A Dual Approach to Theory and Applications (I): The Theory of Production," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, volume 1, number fuss1978.
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