Lesser-known consequences of managing marine fisheries using individual transferable quotas

Gibbs, Mark T. (2007) Lesser-known consequences of managing marine fisheries using individual transferable quotas. Marine Policy, 31(2), pp. 112-116.

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Abstract

Managing marine fisheries using output controls in the form of individual transferable quotas (ITQs) can be an attractive alternative to more traditional input controls. There are now a number of examples of where ITQ-managed fisheries have been able to reduce the impact of the major management problems in global fisheries, namely, gross over-capitalisation and effort. However, ITQs are not the perfect management tool and one of the lesser known consequences of ITQ-managed fisheries where ITQs consist of a harvest right is the implicit relationship between ITQ property rights and rights of access to the fishing grounds. This implicit spatial right to the grounds can provide obstacles in the way of allocating water-space within fishing grounds for alternative uses such as marine-protected areas, large-scale aquaculture, and wind farms. These lesser-known consequences of ITQ-managed fisheries are discussed here.

Impact and interest:

11 citations in Scopus
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11 citations in Web of Science®

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ID Code: 97787
Item Type: Journal Article
Refereed: Yes
Keywords: Fisheries management, ITQ, New Zealand, catch per unit effort, fishery management, fishery policy, marine resource, resource development, Australasia
DOI: 10.1016/j.marpol.2006.05.009
ISSN: 0308-597X
Copyright Owner: 2007 Elsevier
Deposited On: 29 Jul 2016 06:50
Last Modified: 05 Aug 2016 03:20

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