Fishing Rights: The Case of Peruvian Anchoveta Fishery

Elsa Galarza and Néstor Collado

Apuntes. Revista de ciencias sociales, 2013, vol. 40, issue 73, 7-42

Abstract: The implementation of the Maximum Catch Limits per Vessel (LMCE for is acronym in Spanish) in the industrial anchoveta fishery in the year 2009, has generated a wide range of changes in fisheries management. The fishing right, which should strickly represent the resource rent payment done by the owner for the use of a public good, was fixed for ten years in this regime. This research estimates the resource rent for the industrial anchoveta fishery for 2011, which implies a maximum rent, and compares the situation under open access effort and under LMCE system. It will also discuss the fishing rights and private sector’s payments versus the actual rent found in this study.

Date: 2013
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