Quota concentration in the New Zealand fishery: Annual catch entitlement and the small fisher |
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| Authors: | James Stewart Peter Callagher |
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| Institution: | 1. Department of Accounting and Finance, Unitec Institute of Technology, Private Bag 92025 Mt Albert, Auckland, New Zealand;2. Marine Fisheries Research Services Limited, PO Box 99 421, Broadway Newmarket, Auckland, New Zealand |
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| Abstract: | New Zealand's quota management system (QMS) was introduced in 1986 to enhance the sustainability of New Zealand's fishery. This paper examines trends in quota and catch share concentration across a range of important fish stocks. It demonstrates that continuing concentration is occurring in the ownership of quota for deepwater species. At the same time there has been an increase in participation by small scale fishers in the inshore fishery. This appears to be driven by the introduction of the Annual Catch Entitlement (ACE) regime, allowing annual catch shares to be accessed at reduced transaction cost. |
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| Keywords: | Fisheries Sustainability Quota concentration Catch entitlements Catch balancing Deemed value |
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