Constrained public benefits from global catch share fisheries.
Proc Natl Acad Sci U S A
; 118(39)2021 09 28.
Article
em En
| MEDLINE
| ID: mdl-34544851
ABSTRACT
Across publicly owned natural resources, the practice of recovering financial compensation, commonly known as resource rent, from extractive industries influences wealth distribution and general welfare of society. Catch shares are the primary approach adopted to diminish the economically wasteful race to fish by allocating shares of fish quotas-public assets-to selected fishing firms. It is perceived that resource rent is concentrated within catch share fisheries, but there has been no systematic comparison of rent-charging practices with other extractive industries. Here, we estimate the global prevalence of catch share fisheries and compare rent recovery mechanisms (RRM) in the fishing industry with other extractive industries. We show that while catch share fisheries harvest 17.4 million tons (19% of global fisheries landings), with a value of 17.7 billion USD (17% of global fisheries landed value), rent charges occurred in only 5 of 18 countries with shares of fish quotas primarily allocated free of charge. When compared with other extractive industries, fishing is the only industry that consistently lacks RRM. While recovering resource rent for harvesting well-governed fishery resources represents a source of revenue to coastal states, which could be sustained indefinitely, overcharging the industry might impact fish supply. Different RRM occurred in extractive industries, though generally, rent-based charges can help avoid affecting deployment of capital and labor to harvest fish since they depend on the profitability of the operations. Our study could be a starting point for coastal states to consider adapting policies to the enhanced economic condition of the fishing industry under catch shares.
Palavras-chave
Texto completo:
1
Coleções:
01-internacional
Base de dados:
MEDLINE
Assunto principal:
Dinâmica Populacional
/
Ecossistema
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Conservação dos Recursos Naturais
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Pesqueiros
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Peixes
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Modelos Biológicos
Tipo de estudo:
Risk_factors_studies
Limite:
Animals
Idioma:
En
Ano de publicação:
2021
Tipo de documento:
Article