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Reduction of the fishing capacity in "common pool" fisheries

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  • Jensen, Carsten Lynge

Abstract

Decommissioning schemes and administrative regulations on the fishing capacity are often used to reduce the problem of overcapacity in common pool fisheries. However, these means are seldom very effective as to limit the overcapacity in the longer term. The reason being that the regulations do not impact the basic incentives in the creation of overcapacity. A way to reduce the tendency for overcapacity in common pool fishery is to use lumpsum taxation of the capital. The advantage of the lumpsum taxation is that it changes the incentives in capital formation. The method is a well-suited way for the management authorities to address the problem of overcapacity encountered in the EU fishery.

Suggested Citation

  • Jensen, Carsten Lynge, 2002. "Reduction of the fishing capacity in "common pool" fisheries," Marine Policy, Elsevier, vol. 26(3), pages 155-158, May.
    • Handle: RePEc:eee:marpol:v:26:y:2002:i:3:p:155-158
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    Citations

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    Cited by:

    1. Lukas Schweiger, 2010. "The Evolution of the Common Fisheries Policy: Governance of a Common-Pool Resource in the Context of European Integration," Working Papers of the Vienna Institute for European integration research (EIF) 7, Institute for European integration research (EIF).
    2. Torben Klarl, 2013. "Market dynamics, dynamic resource management and environmental policy in the context of (strong) sustainability," Journal of Evolutionary Economics, Springer, vol. 23(4), pages 861-888, September.
    3. Clark, Colin W. & Munro, Gordon R. & Sumaila, Ussif Rashid, 2005. "Subsidies, buybacks, and sustainable fisheries," Journal of Environmental Economics and Management, Elsevier, vol. 50(1), pages 47-58, July.
    4. Jordan F. Suter & Sam Collie & Kent D. Messer & Joshua M. Duke & Holly A. Michael, 2019. "Common Pool Resource Management at the Extensive and Intensive Margins: Experimental Evidence," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 73(4), pages 973-993, August.
    5. Imeson, R.J. & van den Bergh, J.C.J.M., 2006. "Policy failure and stakeholder dissatisfaction in complex ecosystem management: The case of the Dutch Wadden Sea shellfishery," Ecological Economics, Elsevier, vol. 56(4), pages 488-507, April.

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