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Economic and conservation implications of a variable effort penalty system in effort-controlled fisheries

Citation

Pascoe, S and Innes, J and Norman-Lopez, A and Wilcox, C and Dowling, N, Economic and conservation implications of a variable effort penalty system in effort-controlled fisheries, Applied Economics, 45, (27) pp. 3880-3890. ISSN 0003-6846 (2013) [Refereed Article]

Copyright Statement

Copyright 2013 Taylor & Francis

DOI: doi:10.1080/00036846.2012.736941

Abstract

Bycatch of threatened, endangered or protected species by commercial fishers is a universal problem. Technical solutions are often applied that may impose inefficiencies across the fleet, even in periods or areas when the risk of bycatch is low. These may include gear specifically designed to avoid the bycatch which may also reduce the targeted catch, or designation of marine protected areas that exclude fishing from whole areas. In this article, we examine the effectiveness of a variable penalty system that can provide incentives for fishers to redirect their effort away from problem areas. The system is examined using a case study of fishery, which is currently subjected to gear and closure controls to limit bycatch of turtles and seabirds. An alternative incentive-based management policy using a series of differential hook penalties has been proposed as a flexible tool to discourage vessels operating in certain areas. The effects of various hook penalties and closures in key areas on fishing effort in those areas and elsewhere as well as vessel economic performance are assessed using a location choice model. The results suggest that incentive-based approaches may result in lower costs to industry than closures provided some level of residual bycatch is acceptable.

Item Details

Item Type:Refereed Article
Keywords:effort controls, location choice, bycatch, decrementation systems, fisheries
Research Division:Environmental Sciences
Research Group:Environmental Science and Management
Research Field:Conservation and Biodiversity
Objective Division:Expanding Knowledge
Objective Group:Expanding Knowledge
Objective Field:Expanding Knowledge in Economics
Author:Pascoe, S (Dr Sean Pascoe)
Author:Wilcox, C (Dr Chris Wilcox)
ID Code:119359
Year Published:2013
Web of Science® Times Cited:5
Deposited By:Centre for Fisheries and Aquaculture
Deposited On:2017-07-31
Last Modified:2017-08-07
Downloads:0

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