A retrospective analysis of the effects of adopting individual transferable quotas in the Tasmanian red rock lobster, Jasus edwardsii, fishery

Type Article
Date 2009-10
Language English
Author(s) Hamon Katell1, 2, 3, 4, 5, Thebaud OlivierORCID1, 2, Frusher Stewart5, Little L. Richard3, 6
Affiliation(s) 1 : IFREMER, Dept Econ Maritime, UMR AMURE, F-29280 Plouzane, France.
2 : Univ Europeenne Bretagne, Univ Brest, IUEM, UMR AMURE, F-29238 Brest 3, France.
3 : CSIRO, Hobart, Tas 7001, Australia.
4 : Univ Tasmania, Sch Zool, Hobart, Tas 7001, Australia.
5 : Univ Tasmania, Marine Res Labs, Tasmania Aquaculture & Fisheries Inst, Hobart, Tas 7001, Australia.
6 : Australian Natl Univ, Crawford Sch Econ & Govt, Canberra, ACT 0200, Australia.
Source Aquatic Living Resources (0990-7440) (Edp Sciences S A), 2009-10 , Vol. 22 , N. 4 , P. 549-558
DOI 10.1051/alr/2009039
WOS© Times Cited 47
Keyword(s) ITQ, Economic effects, Red rock lobster fishery, Jasus edwardsii, Australia
Abstract Individual transferable quotas (ITQ) were implemented in the Tasmanian red rock lobster fishery in 1998 and ten years later we assessed the impacts on the fishery. Particular attention was devoted to investigating the performances of the fishery with regard to three features identified as major impacts in the literature: rationalization of the fishing fleet, change in fishing strategy in order to maximise the fisher's profit and concentration of fishing rights and activity. On average, the fishery reacted as expected and reached its objective in terms of reconstruction of the biomass, but the overall assessment in terms of resulting profitability is not very conclusive. There is no evidence of decrease of the profitability over the period of the study but the fishery is more reactive to external factors on its export market in China than to changes in its own structure.
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Hamon Katell, Thebaud Olivier, Frusher Stewart, Little L. Richard (2009). A retrospective analysis of the effects of adopting individual transferable quotas in the Tasmanian red rock lobster, Jasus edwardsii, fishery. Aquatic Living Resources, 22(4), 549-558. Publisher's official version : https://doi.org/10.1051/alr/2009039 , Open Access version : https://archimer.ifremer.fr/doc/00000/11173/