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Management of a fishery using taxes: The European hake fishery

Author

Listed:
  • Mª. Dolores Garza Gil

    (Universidad de Vigo)

  • Manuel M. Varela Lafuente

    (Universidad de Vigo)

  • Juan C. Surís Regueiro

    (Universidad de Vigo)

Abstract

The management by means of taxes of a fishery in which the fishing technology of the fleets has different effects on resource is analysed in this paper. This effect can be included in the natural growth of the marine resource function itself. The results show that the tax equilibrium level depends on shadow price, marginal productivity of the effort and effect of each gear on natural growth. The fleet that has a greater impact on resource will pay a higher rate of tax. And this rate will fall as the fleet in question improves its degree of fishing selectivity. Likewise we present some economic policy recommendations for this fishery.

Suggested Citation

  • Mª. Dolores Garza Gil & Manuel M. Varela Lafuente & Juan C. Surís Regueiro, 2006. "Management of a fishery using taxes: The European hake fishery," Hacienda Pública Española / Review of Public Economics, IEF, vol. 177(2), pages 9-23, July.
    • Handle: RePEc:hpe:journl:y:2006:v:177:i:2:p:9-23
    as

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    References listed on IDEAS

    as
    1. Weitzman, Martin L., 2002. "Landing Fees vs Harvest Quotas with Uncertain Fish Stocks," Journal of Environmental Economics and Management, Elsevier, vol. 43(2), pages 325-338, March.
    2. Marta Escapa & RaÚl Prellezo, 2003. "Fishing Technology and Optimal Distribution of Harvest Rates," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 25(3), pages 377-394, July.
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    4. Ralph E. Townsend, 1990. "Entry Restrictions in the Fishery: A Survey of the Evidence," Land Economics, University of Wisconsin Press, vol. 66(4), pages 359-378.
    5. Boyce, John R., 1996. "An Economic Analysis of the Fisheries Bycatch Problem," Journal of Environmental Economics and Management, Elsevier, vol. 31(3), pages 314-336, November.
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    7. Juan Surís, 1993. "Regulation of the iberoatlantic sardine fishery," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 3(5), pages 457-470, October.
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    More about this item

    Keywords

    taxes; intra-species selectivity; European hake.;
    All these keywords.

    JEL classification:

    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery
    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy

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