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Effects of the Share Remuneration System on Fisheries Management Targets and Rent Distribution

Author

Listed:
  • Jordi Guillen
  • Claire Macher
  • Mathieu Merzéréaud
  • Jean Boncoeur
  • Olivier Guyader

Abstract

Most fisheries worldwide remunerate their crew with a share system, where crew receive a part of the revenues or a part of the revenues less costs, rather than a fixed wage. Although labor is one of the main costs in fisheries and the share remuneration system has a strong influence on firm behavior and its economic performance, little attention has been paid it. In a share remuneration system, crew salaries can significantly increase when the economic performance of a vessel improves. This allows the crew to capture part of the fisheries rent. Bioeconomic analyses are performed for the Bay of Biscay nephrops fishery on main management targets. Results confirm the importance of considering a share system compared to a fixed remuneration system in vessel owner (capital) and crew (labor) rent distribution and fishing decisions.

Suggested Citation

  • Jordi Guillen & Claire Macher & Mathieu Merzéréaud & Jean Boncoeur & Olivier Guyader, 2015. "Effects of the Share Remuneration System on Fisheries Management Targets and Rent Distribution," Marine Resource Economics, University of Chicago Press, vol. 30(2), pages 123-138.
    • Handle: RePEc:ucp:mresec:doi:10.1086/679970
    DOI: 10.1086/679970
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    References listed on IDEAS

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    1. Guillen, Jordi & Macher, Claire & Merzéréaud, Mathieu & Fifas, Spyros & Guyader, Olivier, 2014. "The effect of discards and survival rate on the Maximum Sustainable Yield estimation based on landings or catches maximisation: Application to the nephrops fishery in the Bay of Biscay," Marine Policy, Elsevier, vol. 50(PA), pages 207-214.
    2. Fabienne Daures & Verena M. Trenkel & Olivier Guyader, 2013. "Modelling the fishing costs of French commercial vessels in the Bay of Biscay," Post-Print hal-00873138, HAL.
    3. Jin, Di & Thunberg, Eric & Kite-Powell, Hauke & Blake, Kevin, 2002. "Total Factor Productivity Change in the New England Groundfish Fishery: 1964-1993," Journal of Environmental Economics and Management, Elsevier, vol. 44(3), pages 540-556, November.
    4. Sylvie van Iseghem & Emmanuelle Quillérou & Cécile Brigaudeau & Claire Macher & Olivier Guyader & Fabienne Daurès, 2011. "Ensuring representative economic data: survey data-collection methods in France for implementing the Common Fisheries Policy," Post-Print hal-00617842, HAL.
    5. McConnell, Kenneth E. & Price, Michael, 2006. "The lay system in commercial fisheries: Origin and implications," Journal of Environmental Economics and Management, Elsevier, vol. 51(3), pages 295-307, May.
    6. Thorolfur Matthiasson, 1997. "Fixed wage or share: Contingent contract renewal and skipper motivation," Labor and Demography 9702002, University Library of Munich, Germany.
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    Cited by:

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    2. José-María Da-Rocha & Raul Prellezo & Jaume Sempere & Luis Taboada Antelo, 2017. "A dynamic economic equilibrium model for the economic assessment of the fishery stock-rebuilding policies," Serie documentos de trabajo del Centro de Estudios Económicos 2017-01, El Colegio de México, Centro de Estudios Económicos.

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