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A retrospective analysis of the effects of adopting individual transferable quotas in the Tasmanian red rock lobster, Jasus edwardsii, fishery

Published online by Cambridge University Press:  10 October 2009

Katell G. Hamon ,
Olivier Thébaud ,
Stewart Frusher  and
L. Richard Little
Katell G. Hamon
Affiliation:
IFREMER, UMR AMURE, Département d'économie maritime, BP 70, 29280 Plouzané, France Université européenne de Bretagne, Université de Brest, UMR AMURE, IUEM, 12 rue de Kergoat, CS 93837, 29238 Brest Cedex 3, France CSIRO, Marine and Atmospheric Research, GPO Box 1538, Hobart, Tasmania 7001, Australia University of Tasmania, School of Zoology, GPO Box 252-05, Hobart, Tasmania 7001, Australia Tasmania Aquaculture and Fisheries Institute, University of Tasmania, Marine Research Laboratories, Nubeena Crescent Taroona, GPO Box 252-49, Hobart, Tasmania 7001, Australia
Olivier Thébaud
Affiliation:
IFREMER, UMR AMURE, Département d'économie maritime, BP 70, 29280 Plouzané, France Université européenne de Bretagne, Université de Brest, UMR AMURE, IUEM, 12 rue de Kergoat, CS 93837, 29238 Brest Cedex 3, France
Stewart Frusher
Affiliation:
Tasmania Aquaculture and Fisheries Institute, University of Tasmania, Marine Research Laboratories, Nubeena Crescent Taroona, GPO Box 252-49, Hobart, Tasmania 7001, Australia
L. Richard Little
Affiliation:
CSIRO, Marine and Atmospheric Research, GPO Box 1538, Hobart, Tasmania 7001, Australia Crawford School of Economics and Government, Australian National University, Canberra, ACT 0200, Australia
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Abstract

Individual transferable quotas (ITQ) were implemented in the Tasmanian red rock lobster fishery in 1998 and ten years later we assessed the impacts on the fishery. Particular attention was devoted to investigating the performances of the fishery with regard to three features identified as major impacts in the literature: rationalization of the fishing fleet, change in fishing strategy in order to maximise the fisher's profit and concentration of fishing rights and activity. On average, the fishery reacted as expected and reached its objective in terms of reconstruction of the biomass, but the overall assessment in terms of resulting profitability is not very conclusive. There is no evidence of decrease of the profitability over the period of the study but the fishery is more reactive to external factors on its export market in China than to changes in its own structure.

Keywords

ITQEconomic effectsRed rock lobster fisheryJasus edwardsiiAustralia
Type
Research Article
Information
Aquatic Living Resources , Volume 22 , Issue 4 , October 2009 , pp. 549 - 558
Copyright
© EDP Sciences, IFREMER, IRD, 2009

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