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Informe Técnico de Consultoría ASPECTOS CONCEPTUALES Y ...

Informe Técnico de Consultoría ASPECTOS CONCEPTUALES Y ...

AUTOR (ES):Millerd,

AUTOR (ES):Millerd, FrankTITULOEarly Attempts at Establishing Exclusive Rights in theBritish Columbia Salmon FisheryAÑO 2007REFERENCIALand Economics 83 (14), pp.23-40BIBLIOGRAFICAIDIOMAInglésPALABRAS CLAVESRESUMEN Resource managers struggled to discharge theirresponsibilities as the British Columbia salmon fisheryexpanded. With limited management and regulatory capacityand facing increasing fishing effort, exclusive rightsappeared to be viable management tools. Exclusive areafishing privileges and limitations on the numbers offishermen and processing plants were used. But, despite thepotential for efficient harvesting and other benefits, theexclusive rights did not last. Established to meet short-termneeds, not for long-term benefits, the rights allocationswerefiawed and opposed by many. With little assurance ofexclusivity, no secure longterm tenure, and littletransferability, the rights were incomplete.DIRECCIÓN DE ACCESOELECTRÓNICOA-51

AUTOR (ES):Newell, Richard G.; Sanchirico, James N.; Kerr, SuziTITULOFishing quota marketsAÑO 2005REFERENCIAJournal of Environmental Economics and Management 49BIBLIOGRAFICA (2005) 437–462IDIOMAInglésPALABRAS CLAVES Tradable permits; Individual transferable quota; Fisheries;PolicyRESUMENIn 1986, New Zealand responded to the open-access problemby establishing the world’s largest individual transferablequota (ITQ) system. Using a 15-year panel dataset from NewZealand that covers 33 species and more than 150 marketsfor fishing quotas, we assess trends in market activity, pricedispersion, and the fundamentals determining quota prices.We find that market activity is sufficiently high in theeconomically important markets and that price dispersionhas decreased. We also find evidence of economicallyrational behavior through the relationship between quotalease and sale prices and fishing output and input prices,ecological variability, and market interest rates. Controllingfor these factors, our results show a greater increase in quotaprices for fish stocks that faced significant reductions,consistent with increased profitability due to rationalization.Overall, this suggests that these markets are operatingreasonably well, implying that ITQs can be effectiveinstruments for efficient fisheries management.DIRECCIÓN DE ACCESO http://www.elsevier.com/locate/jeemELECTRÓNICOA-52

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