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The Optimality of the Common Fisheries Policy: the Northern Stock of Hake

dc.contributor.authorGutiérrez Huerta, María José
dc.contributor.authorDa Rocha, José María
dc.date.accessioned2012-02-06T14:58:27Z
dc.date.available2012-02-06T14:58:27Z
dc.date.issued2002
dc.identifier.issn1988-088X
dc.identifier.urihttp://hdl.handle.net/10810/6760
dc.description.abstractWe evaluate the management of the Northern Stock of Hake during 1986-2001. A stochastic bioeconomic model is calibrated to match the main features of this fishing ground. We show how catches, biomass stock and profits would have been if the optimal Common Fisheries Policy (CFP) consistent with the target biomass implied by the Fischler’s Recovery Plan had been implemented. The main finding are: i) an optimal CFP would have generated profits of more than 667 millions euros, ii) if side-payments are allowed (implemented by ITQ’s, for example) these profits increase 26%.es
dc.description.sponsorshipFinancial support from the Instituto de Estudios Económicos de Galicia, Pedro Barrie de la Maza, FEDER, Ministerio de Ciencia y Tecnología, SEC2002-4318-C02-01 (José María Da-Rocha), CICYT 1393-12254/2000 and SEC2003- 02510/ECO (María José Gutiérrez), Fundación BBVA 1/BBVA 00044.321-15466/2002 (María José Gutiérrez) and from Universidad del País Vasco, 9/UPV00035.321-13511/2001 (María José Gutiérrez) is gratefully acknowledged.es
dc.language.isoenges
dc.publisherUniversity of the Basque Country, Department of Foundations of Economic Analysis IIes
dc.relationinfo:eu-repo/grantAgreement/MCYT/SEC2002-4318-C02-01
dc.relationinfo:eu-repo/grantAgreement/MCYT/CICYT1393-12254-2000
dc.relationinfo:eu-repo/grantAgreement/MCYT/SEC2003-02510-ECO
dc.relation.ispartofseriesDFAEII 2002.20
dc.rightsinfo:eu-repo/semantics/openAccesses
dc.rights.urihttp://creativecommons.org/licenses/by-nc-sa/3.0/*
dc.subjectcommon fisheries policyes
dc.subjectfishing regulationes
dc.subjectfischler recovery planes
dc.titleThe Optimality of the Common Fisheries Policy: the Northern Stock of Hakees
dc.typeinfo:eu-repo/semantics/workingPaperes
dc.rights.holderAttribution-NonCommercial-ShareAlike 3.0 Unported*
dc.subject.jelQ22
dc.subject.jelQ28
dc.identifier.repecRePEc:ehu:dfaeii:200220es
dc.departamentoesFundamentos del análisis económico IIes_ES
dc.departamentoeuEkonomia analisiaren oinarriak IIes_ES
dc.subject.categoriaECONOMICS, ECONOMETRICS AND FINANCE
dc.subject.categoriaAGRICULTURAL AND NATURAL RESOURCE ECONOMICS; ENVIRONMENTAL AND ECOLOGICAL ECONOMICS


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Except where otherwise noted, this item's license is described as Attribution-NonCommercial-ShareAlike 3.0 Unported