Managing Marine Capture Fisheries with Incentive Based Price Instruments

Public Finance and Management, Vol.3, No. 1, pp. 67-93, 2003

27 Pages Posted: 3 Dec 2003  

James N. Sanchirico

University of California, Davis - Environmental Science and Policy; Resources for the Future; Motu Economic and Public Policy Research Trust

Abstract

Marine capture fisheries provide important, high-quality sources of protein, income and trade throughout the world. The future availability of these resources, however, is not assured, as economic and biological overfishing plagues many of the world's fisheries. In this paper, we review the use of incentive-based price instruments, such as landings and vessel taxes, to address the current crisis. We also investigate the use of price instruments as indirect means to ensure sustainability of marine mammal populations, and to optimally manage spatially distinct but connected populations.

Suggested Citation

Sanchirico, James N., Managing Marine Capture Fisheries with Incentive Based Price Instruments. Public Finance and Management, Vol.3, No. 1, pp. 67-93, 2003. Available at SSRN: https://ssrn.com/abstract=461532 or http://dx.doi.org/10.2139/ssrn.461532

James N. Sanchirico (Contact Author)

University of California, Davis - Environmental Science and Policy ( email )

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HOME PAGE: http://www.des.ucdavis.edu/faculty/Sanchirico.html

Resources for the Future ( email )

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Motu Economic and Public Policy Research Trust ( email )

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