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Individual Transferable Quotas in Clams and Fish: A Comparative Analysis

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Type: Conference Paper
Author: McCay, Bonnie J.; Creed, Carolyn F.
Conference: 82nd Statutory Meeting of the International Council for the Exploration of the Seas
Location: St. John's, Newfoundland, Canada
Conf. Date: September 22-30
Date: 1994
URI: https://hdl.handle.net/10535/5673
Sector: Fisheries
Region: North America
Subject(s): fisheries
Abstract: "Individual transferable quotas (ITQs) are widely advocated as ways to rationalize over-capitalized and over-exploited fisheries. They are best known through experiences in New Zealand, Australia, and Iceland beginning in the 1980s. Because of case studies being done in the 1990s, a comparative analysis of newer ITQ-based management regimes in the U.S. and Canada is now possible. Research on ITQs in the U.S. federal surf clam and ocean quahog fishery and the Canadian groundfish fishery for mobile gear under 65' in length in the Scotia-Fundy region suggests a series of lessons about the introduction, acceptance, and consequences of ITQs for fisheries management. Research is also underway on the Western Newfoundland mobile gear ITQ fishery and on the Eastern Newfoundland crab fishery, among the many that have not been converted to ITQs. This paper reports solely on the comparison between the US clam fishery and the Scotia-Fundy groundfish fishery."

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