Economic gains from individual fishing quotas: The Norwegian coastal groundfish fisheries

Author:

Liu Yaqin1ORCID,Pincinato Ruth B. M.2,Asche Frank23ORCID,Smith Martin D.4,Ventura Francesco1

Affiliation:

1. Marine Policy Center Woods Hole Oceanographic Institution Woods Hole Massachusetts USA

2. Department of Safety, Economics and Planning University of Stavanger Stavanger Norway

3. Institute of Food and Agricultural Sciences, School of Forest, Fisheries and Geomatics Science University of Florida  Gainesville Florida USA

4. Nicholas School of the Environment and Department of Economics Duke University Durham North Carolina USA

Abstract

AbstractMany rights‐based systems in fisheries use individual fishing quotas (IFQs) that allocate shares of total allowable catch to individual fishers, vessels, or groups of fishers. We analyze the performance of IFQs in the Norwegian coastal groundfish fisheries that substantially limit transferability. We use data from two similar fishing groups that were treated with different management. Difference‐in‐differences results show that IFQs increase productivity and prices for some of the main groundfish species. Results suggest that expected productivity gains and price gains from first‐best rights‐based policies that create highly transferable IFQs can result from second‐best policies that substantially limit transferability.

Publisher

Wiley

Cited by 1 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. Non-parametric tests of behavior in the commons;Journal of Economic Behavior & Organization;2024-08

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