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Empirical Analysis of the Strategies and Adaptations of the Spanish Fleet After the Common Fisheries Policy Reform

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  • This work analyses empirically the exploitation dynamics from 1997 to 2003, of the most important segment of the Spanish fishing fleet operating in the EU waters, also known as “300 fleet”. The aim of the analysis is exploring the economic consequences of the coming into force of the new approaches in the EU fisheries management system in the framework of the Common Fisheries Policy Reform, particularly from an institutional point of view. Such analysis is based on the use of suitable index analysis for quantifying the contribution caused by the variation in prices, catches, and capital productivity into the changes in production of this fleet segment during this period. For this case analysis, It is suggested that the current EU fishing resources management system distorts the biological perception of scarceness or abundance of resources through the institutional framework of quota allocation. Quota allocation is becoming the factor that contributes most to explain the variations in fleet income, as against capital productivity that plays a secondary role. However capital productivity would explain the higher contribution to income generation provided that the biological perception of scarceness was internalised faithfully in the institutional framework for EU fishing quota setting and allocation. Restrictions on fishing activities, based on quotas and licences limit the range of strategies that the Spanish fleet operating in EU waters can deploy in order to face biological variability, improvement of technology and changes in fish market prices. These observations lead to the conclusion that the current fishing resources management system during the Common Fisheries Policy Reform, could have been distorting the biological perception of scarceness or abundance of natural resources and reduce the capital productivity contribution in the income creation, by making the fishing capital less malleable, and by generating less economic efficiency in the Spanish fleet under TAC regulation.
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  • Calvo Santos, Angel and Dolores Garza-Gil. 2006. Emprirical Analysis of the Strategies and Adaptations of the Spanish Fleet After the Common Fisheries Policy Reform. In: Proceedings of the Thirteenth Biennial Conference of the International Institute of Fisheries Economics & Trade, July 11-14, 2006, Portsmouth, UK: Rebuilding Fisheries in an Uncertain Environment. Compiled by Ann L. Shriver. International Institute of Fisheries Economics & Trade, Corvallis, Oregon, USA, 2006. CD ROM. ISBN 0-9763432-3-1
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  • The National Oceanic & Atmospheric Administration Marine Fisheries Service, United States Department of Commerce (NOAA Fisheries); United Kingdom Department for Environment, Food and Rural Affairs (DEFRA); The United States Agency for International Development supported Aquaculture Collaborative Research and Support Program (ACRSP).
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