Economic Evaluation of Fishery Policies in Lamon Bay, Quezon, Philippines

Maribec Campos (), Blanquita Pantoja, Nerlita Manalili and Marideth Bravo
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Maribec Campos: SEAMEO-SEARCA, Los Banos, Laguna, Philippines
Blanquita Pantoja: SEAMEO-SEARCA, Los Banos, Laguna, Philippines
Nerlita Manalili: SEAMEO-SEARCA, Los Banos, Laguna, Philippines
Marideth Bravo: SEAMEO-SEARCA, Los Banos, Laguna, Philippines

No rr2004063, EEPSEA Research Report from Economy and Environment Program for Southeast Asia (EEPSEA)

Abstract: This study assesses the sustainability of fisheries of Lamon Bay in the Philippines and investigates the effectiveness of fishery conservation policies. It finds that current policies are failing and that a substantial investment would be required to ensure full compliance with current regulations. It also finds that the benefits of achieving high levels of compliance would exceed costs by only a tiny margin. It concludes that current regulations to deal with overfishing are neither cost-effective nor address the underlying problems of overexploitation of fish stocks and open access to fishing areas. The study suggests that a tradable quota system may provide one answer to the problem and outlines government policies that would back up such an approach.

Keywords: fisheries; Philippines (search for similar items in EconPapers)
Date: 2004-06, Revised 2004-06
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