Fishery Co-Management in Japanese Coastal Fisheries
This paper presents an empirical analysis of the Japanese coastal fishery co-management system. In particular, the paper focuses on the effectiveness of Fishery Management Organizations (FMOs), which are established by groups of fishermen and set rules and regulations that they self-enforce. The paper finds that FMOs engaged actively in marketing practices in their output markets significantly increased their member fishermen's revenue. Proceeds sharing rules, where individual proceeds are pooled and shared among the members, appeared to have marginal effects despite of several anecdotal evidence that suggests otherwise. Findings suggest that benefit gains from the output markets is substantial in successful fishery co-management.
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- Gaspart, Frederic & Seki, Erika, 2003. "Cooperation, status seeking and competitive behaviour: theory and evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 51(1), pages 51-77, May.
- Makino, Mitsutaku & Matsuda, Hiroyuki, 2005. "Co-management in Japanese coastal fisheries: institutional features and transaction costs," Marine Policy, Elsevier, vol. 29(5), pages 441-450, September.
- Homans, Frances R. & Wilen, James E., 2005. "Markets and rent dissipation in regulated open access fisheries," Journal of Environmental Economics and Management, Elsevier, vol. 49(2), pages 381-404, March.
- Agrawal, Arun, 2001. "Common Property Institutions and Sustainable Governance of Resources," World Development, Elsevier, vol. 29(10), pages 1649-1672, October.
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