Though the basic purpose of MPAs is marine ecosystem conservation, the question of their influence on the local economy is often critical since it governs their social acceptability. This paper addresses the
problem of measuring the local economic impact of MPAs, on the basis of a comparative analysis of socio-economic...
During the first three years (2007-2009) of the Gulf of Mexico red snapper IFQ program most quota lease trades were local, involving fishers that lived in the same communities. In 2010, the red snapper quota lease market changed as more IFQ participants began trading quota with fishers from different regions...
"Rationalization” or the change to catch share management in fisheries has been shown to lead to the slowing of fishing activity, input and effort consolidation, cost savings, as well as new market and product development. The effects of rationalization on fishermen’s behavior become more complex when one accounts for the...
In 2011 an individual fishing quota (IFQ) system was implemented for the limited entry trawl component of the Pacific groundfish fishery in the US. The IFQ system allocates quota shares (QS) for 29 IFQ stocks and individual bycatch quota (IBQ) shares for Pacific halibut. Each year quota shareholders are issued...
Many of the tangible benefits of catch share programs (e.g., reducing overcapacity) are dependent on the trading of shares. Additional trading-related questions (such as whether landings will change port or be concentrated geographically) are also important to the overall evaluation of a fishery, but are often asked only during post-implementation...
A serious impediment blocks advancement of individual transferable quota (ITQ) policy in the United States, particularly in North Pacific fisheries being considered for ITQ management. The traditional ITQ design, that allocates rights to only the harvesting sector, unintentionally expropriates wealth/property interests from the co-dependent-processing sector. This regulatory expropriation is a...
Norway has for years managed its coastal fisheries through a regime that for all practical purposes has acted as open access, that is, open for bona fide fishers. The trawling sector was closed already in the 1930s, and the large offshore fleet was regulated through limited entry licensing from the...