A Critical Review of the Fisheries Policy: Total Allowable Catches and Rations for Cod in the North Sea

descriptionPublicationkeyboard_double_arrow_right Research , Book , Preprint 01 Jan 2001 Denmark English Publisher:Esbjerg: University of Southern Denmark, Department of Environmental and Business Economics (IME)

Authors: Frank Jensen;

handle: 10419/83112

A Critical Review of the Fisheries Policy: Total Allowable Catches and Rations for Cod in the North Sea

- Summary
- Subjects
- Metrics

Abstract

A purpose of this paper is to give a critical review of the total allowable catch (TAC) policy within the European Union (the EU) for cod in the North Sea. The actual TACs are compared with the biological recommendations about the TAC and the bio-economic optimal TAC. It is shown that the actual TAC follows biological recommendations but that bio-economic principles are poorly reflected in the TAC. The Danish regulatory policy for cod in the North Sea (rations) is analysed by means of a bio-economic model. It is shown that the information requirements needed for conducting a bio-economic optimal allocation of rations are considerable. Furthermore, the actual allocation scheme for rations distribute too high a share of the EU determined Danish quota to small vessels. Taxes and individual transferable quotas (ITQs) combined with bio-economic optimal TACs is presented as an alternative to the existing policy.

Country

Denmark

Related Organizations

University of Southern Denmark
Denmark

Keywords

Nordsee, ddc:330, EU-Fischereipolitik, Rations, Total Allowable Catches, Taxes and Individual Transferable Quotas, Cod in the North Sea, Cod in the North Sea, Total Allowable Catches, Rations, Taxes and Individual Transferable Quotas

Impact byBIP!

	selected citations These citations are derived from selected sources. This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	0
	popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.	Average
	influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	Average
	impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.	Average