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Incentive-based approaches to sustainable fisheries (now replaced by EEN0508)

Author

Listed:
  • R. Quentin Grafton

    () (Australian National University, Asia Pacific School of Economics and Government)

  • Ragnar Arnason

    () (University of Iceland, Department of Economics)

  • Trond Bjorndal
  • David Campbell
  • Harry F. Campbell
  • Colin W. Clark
  • Robin Connor
  • Diane P. Dupont
  • Rognvaldur Hannesson
  • Ray Hilborn
  • James E. Kirkley
  • Tom Kompas
  • Daniel E. Lane
  • Gordon R. Munro
  • Sean Pascoe
  • Dale Squires
  • Stein Ivar Steinshamn
  • Bruce R. Turris
  • Quinn Weninger

Abstract

Using examples from more than a dozen fisheries, we highlight the failures of ‘command control’ management and show that approaches that empower fishers with the incentives and the mandate to be co-custodians of the marine environment can promote sustainability. Evidence is provided that where harvesters share well-defined management responsibilities over fish, and experience both the pain of overexploitation and the gains from conservation, they are much more likely to protect fish stocks and habitat. The key insight is that to maintain marine ecosystems for present and future generations, fishing incentives must be compatible with long-term goals of sustainability.

Suggested Citation

  • 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 (now replaced by EEN0508)," Economics and Environment Network Working Papers 0501, Australian National University, Economics and Environment Network.
  • Handle: RePEc:anu:eenwps:0501
    as

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    File URL: http://een.anu.edu.au/download_files/een0501.pdf
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    References listed on IDEAS

    as
    1. Matthew Turner & Quinn Weninger, 2005. "Meetings with Costly Participation: An Empirical Analysis," Review of Economic Studies, Oxford University Press, vol. 72(1), pages 247-268.
    2. Grafton, R Quentin & Squires, Dale & Fox, Kevin J, 2000. "Private Property and Economic Efficiency: A Study of a Common-Pool Resource," Journal of Law and Economics, University of Chicago Press, vol. 43(2), pages 679-713, October.
    3. R. Quentin Grafton & Leif K. Sandal & Stein Ivar Steinshamn, 2000. "How to Improve the Management of Renewable Resources: The Case of Canada's Northern Cod Fishery," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(3), pages 570-580.
    4. Tom Kompas & Tuong Nhu Che & R. Quentin Grafton, 2004. "Technical efficiency effects of input controls: evidence from Australia's banana prawn fishery," Applied Economics, Taylor & Francis Journals, vol. 36(15), pages 1631-1641.
    5. R. Quentin Grafton & Harry W. Nelson, 2005. "The Effects of Buy-Back Programs in the British Columbia Salmon Fishery," Economics and Environment Network Working Papers 0505, Australian National University, Economics and Environment Network.
    6. Dupont, Diane P., 1990. "Rent dissipation in restricted access fisheries," Journal of Environmental Economics and Management, Elsevier, vol. 19(1), pages 26-44, July.
    7. Quinn Weninger, 2000. "Buyback programs in commercial fisheries:efficiency versus transfers," Canadian Journal of Economics, Canadian Economics Association, vol. 33(2), pages 394-412, May.
    8. Dupont, Diane P. & Grafton, R. Quentin & Kirkley, James & Squires, Dale, 2002. "Capacity utilization measures and excess capacity in multi-product privatized fisheries," Resource and Energy Economics, Elsevier, vol. 24(3), pages 193-210, June.
    9. Holland, Dan & Schnier, Kurt E., 2006. "Individual habitat quotas for fisheries," Journal of Environmental Economics and Management, Elsevier, vol. 51(1), pages 72-92, January.
    10. Turner, Matthew A., 1997. "Quota-Induced Discarding in Heterogeneous Fisheries," Journal of Environmental Economics and Management, Elsevier, vol. 33(2), pages 186-195, June.
    11. R. Quentin Grafton & Dale Squires & James E. Kirkley, 1996. "Private Property Rights And Crises In World Fisheries: Turning The Tide?," Contemporary Economic Policy, Western Economic Association International, vol. 14(4), pages 90-99, October.
    12. Fox, Kevin J. & Grafton, R. Quentin & Kirkley, James & Squires, Dale, 2003. "Property rights in a fishery: regulatory change and firm performance," Journal of Environmental Economics and Management, Elsevier, pages 156-177.
    13. Grafton R. Quentin, 1995. "Rent Capture in a Rights-Based Fishery," Journal of Environmental Economics and Management, Elsevier, vol. 28(1), pages 48-67, January.
    14. R. Quentin Grafton & Harry W. Nelson & Bruce Turris, 2005. "How to Resolve the Class II Common Property Problem? The Case of British Columbia's Multi-Species Groundfish Traw," Economics and Environment Network Working Papers 0506, Australian National University, Economics and Environment Network.
    15. Holland, Dan & Gudmundsson, Eyjolfur & Gates, John, 1999. "Do fishing vessel buyback programs work: A survey of the evidence," Marine Policy, Elsevier, vol. 23(1), pages 47-69, January.
    16. Diane P. Dupont & Kevin J. Fox & Daniel V. Gordon & R. Quentin Grafton, 2005. "Profit and Price Effects of Multi-species Individual Transferable Quotas," Journal of Agricultural Economics, Wiley Blackwell, vol. 56(1), pages 31-57.
    17. Squires, Dale & Campbell, Harry & Cunningham, Stephen & Dewees, Christopher & Grafton, R Quentin & Herrick, Samuel F & Kirkley, James & Pascoe, Sean & Salvanes, Kjell & Shallard, Bruce & Turris, Bruce, 1998. "Individual transferable quotas in multispecies fisheries," Marine Policy, Elsevier, vol. 22(2), pages 135-159, March.
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    Cited by:

    1. Santiago, Jose L. & Ballesteros, Marta A. & Chapela, Rosa & Silva, Cristina & Nielsen, Kåre N. & Rangel, Mafalda & Erzini, Karim & Wise, Laura & Campos, Aida & Borges, Maria F. & Sala, Antonello & Vir, 2015. "Is Europe ready for a results-based approach to fisheries management? The voice of stakeholders," Marine Policy, Elsevier, vol. 56(C), pages 86-97.

    More about this item

    Keywords

    incentives; sustainability; rights; fisheries management;

    JEL classification:

    • Q00 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - General

    Lists

    This item is featured on the following reading lists or Wikipedia pages:
    1. Socio-economics of Fisheries and Aquaculture

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