Development in fleet fishing capacity in rights based fisheries

Frank Asche, Marianne Tranberg Bjørndal and Trond Bjørndal

Marine Policy, 2014, vol. 44, issue C, 166-171

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.

Keywords: Individual Transferable Quota (ITQ); Individual vessels quotas; Fisheries management (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:marpol:v:44:y:2014:i:c:p:166-171

DOI: 10.1016/j.marpol.2013.08.018

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