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Transferable Fishing Concessions and EU Fisheries


  • Kanik, Zafer
  • Kucuksenel, Serkan


In this paper, we provide a general background on the latest EU fisheries reform process and analyze the potential effects of rights based management systems on EU fisheries. In the latest reform process, the much debated topic was related to Transferable Fishing Concessions, TFCs. This type of rights based management system will be used in all EU fisheries by 2015. We concentrate on ITQs which are the most well-known rights based management system to be able to understand the potential effects of this policy change. Our analysis suggests that if the sufficient conditions for these mechanisms to be successful are satisfied, this policy change may align the interests of all players in the fishing sector, and hence both economically and biologically sustainable fisheries can be achieved.

Suggested Citation

  • Kanik, Zafer & Kucuksenel, Serkan, 2014. "Transferable Fishing Concessions and EU Fisheries," 2014 International Congress, August 26-29, 2014, Ljubljana, Slovenia 183092, European Association of Agricultural Economists.
  • Handle: RePEc:ags:eaae14:183092

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    References listed on IDEAS

    1. Newell, Richard G. & Sanchirico, James N. & Kerr, Suzi, 2005. "Fishing quota markets," Journal of Environmental Economics and Management, Elsevier, vol. 49(3), pages 437-462, May.
    2. Anderson, Lee G., 1991. "A note on market power in ITQ fisheries," Journal of Environmental Economics and Management, Elsevier, vol. 21(3), pages 291-296, November.
    3. John Stranlund & Carlos Chávez, 2013. "Who should bear the administrative costs of an emissions tax?," Journal of Regulatory Economics, Springer, vol. 44(1), pages 53-79, August.
    4. Grafton, R.Q. & McIlgorm, A., 2009. "Ex ante evaluation of the costs and benefits of individual transferable quotas: A case-study of seven Australian commonwealth fisheries," Marine Policy, Elsevier, vol. 33(4), pages 714-719, July.
    5. Frost, Hans & Andersen, Peder, 2006. "The Common Fisheries Policy of the European Union and fisheries economics," Marine Policy, Elsevier, vol. 30(6), pages 737-746, November.
    6. Anthony Cox, 2009. "Quota Allocation in International Fisheries," OECD Food, Agriculture and Fisheries Papers 22, OECD Publishing.
    7. Tanaka, Kenta & Higashida, Keisaku & Managi, Shunsuke, 2014. "A laboratory assessment of the choice of vessel size under individual transferable quota regimes," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 58(3), July.
    8. R. Quentin Grafton & Ragnar Arnason & Trond Bjorndal & David Campbell & Harry F. Campbell & Colin W. Clark & Robin Connor & Diane P. Dupont & Rognvaldur Hannesson & Ray Hilborn & James E. Kirkley & To, 2005. "Incentive-based approaches to sustainable fisheries," Economics and Environment Network Working Papers 0508, Australian National University, Economics and Environment Network.
    9. Tom Kompas & Tuong Che, 2005. "Efficiency Gains and Cost Reductions from Individual Transferable Quotas: A Stochastic Cost Frontier for the Australian South East Fishery," Journal of Productivity Analysis, Springer, vol. 23(3), pages 285-307, July.
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