The Economics of Allocation in Tuna Regional Fisheries Management Organizations (RFMOS)
R. Quentin Grafton (),
Rognvaldur Hannesson (),
Bruce Shallard (),
Daryl Sykes and
Additional contact information
Rognvaldur Hannesson: Norwegian School of Economics and Business Administration
Economics and Environment Network Working Papers from Australian National University, Economics and Environment Network
The paper reviews existing allocation mechanisms in the five tuna regional fisheries management organizatins and shows that although they have adopted different approaches all have failed to prevent overcapacity and, or some stocks, overexploitation. As an alternative, it is proposed that each tuna regional fishing management organization establish total allowable catches by species and area, and then allocate non-transferable and permanent country shares (as a proportion of the total harvest) to member countries. Each country would be free to use or sell its annual allocation of fish that would be determined by the permanent country shares, but the sales could only be to fellow member countries. A two-tier allocation to countries of permanenet shares of a total allowable catch, and then annual harvest allocations to vessels of member countries, offers the promise of mitigating, and possibly overcoming, the twin problems of overcapacity and overexploitation in the highly migratory and high seas tuna fisheries.
Keywords: tuna; property rights; allocation (search for similar items in EconPapers)
JEL-codes: Q22 Q27 (search for similar items in EconPapers)
Pages: 16 pages
New Economics Papers: this item is included in nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to een.anu.edu.au:80 (No such host is known. )
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:anu:eenwps:0612
Access Statistics for this paper
More papers in Economics and Environment Network Working Papers from Australian National University, Economics and Environment Network
Bibliographic data for series maintained by Jack Pezzey ( this e-mail address is bad, please contact ).