Simulating the effect of regulatory systems in a fishery - An application to the French driftnet albacore fleet

Type Article
Date 2002-09
Language English
Author(s) Guyader Olivier1
Affiliation(s) 1 : IFREMER (Institut Français de Recherche pour l'Exploitation de la Mer), Service déconomie maritime, B.P. 70, 29280, Plouzané, France
Source Environmental and Resource Economics (0924-6460) (Springer), 2002-09 , Vol. 23 , N. 1 , P. 1-28
DOI 10.1023/A:1020273001099
WOS© Times Cited 7
Keyword(s) albacore tuna, dolphin, driftnet, fisheries, ITQ, licence, quasi-rent, quota price, quotas, regulation, simulation
Abstract With a thin economic component, most bio-economic models of fisheries fail to assess the effects of the regulation systems on firms. In order to analyse the short term consequences of different management schemes, a simulation model is applied to the French driftnet albacore fleet: licence allocation with driftnet regulation, individual quotas, and individual transferable quotas without any input control. Vessel technology is estimated by using the data collected, and groups of vessels are distinguished according to criteria of performance. We present the adjustment within firms and between groups under different scenarios (limited entry with and without driftnet regulation, individual quotas and individual transferable quotas allocation), and we compare their results in terms of quasi-rent value and other indicators such as hake harvests or dolphin by-catches.
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