Informal Markets, Perishability and Vertical Control: Brokerage of Artisanal Landings

Julio Peña Torres ()
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Julio Peña Torres: ILADES-Georgetown University, Universidad Alberto Hurtado

ILADES-UAH Working Papers from Universidad Alberto Hurtado/School of Economics and Business

Abstract: This is a case study of the institutional changes occurring since the late 1990s at the Chilean Austral Hake (Merluccius Australis) artisanal fishery. This high-value exporting fishery, specialized in selling fresh-chilled products, represents a pioneering case of self-government developments within small-scale fishing communities exploiting mobile marine resources in Chile. Despite entry restrictions and global catch quotas, this fishery faced a productivity crisis between the late 1980s and the second half of the 1990s. Consequently, the fishermen started talks with the Government in order to introduce new management rules. After gradual evolution, today there prevails a well-developed system of de facto individual non-transferable quotas which are subject to a high degree of self-management by fishermen organisations. In order to understand the conditioning factors behind the exchange solutions found at this fishery, an analysis is provided of the industrial concentration and the strategies of vertical control between transacting parties along the production and marketing stages. The contractual issues analysed are: the use of informal markets, interlinkage contracting, temporal specificity due to product perishability, the use of different instruments of vertical control and the influence of increasing industrial concentration as we advance through the wholesale marketing channel and get closer to the retailing stages at final export markets.

Keywords: Food production and marketing; Production chains; Vertical control; Artisanal fishery; Chilean Austral Hake (search for similar items in EconPapers)
JEL-codes: D23 J54 L14 L42 L81 N56 O13 O17 Q13 Q22 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2005-06
New Economics Papers: this item is included in nep-mkt
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