The good news keeps rolling in about the performance of fisheries managed with secure fishing rights – called “catch shares” in the United States.
An important, detailed analysis of all 20 US catch-share fisheries, authored by scientists and economists of NOAA’s Office of Science and Technology and six regional fisheries science centers, was just issued in the journal, Marine Policy.
The bottom line is that the 13 well-studied catch shares show strong performance, with important increases in an index that adds together a wide array of economic productivity elements and that takes into account changes in relative fish abundance. Even in just the first three years, that index gains an average of 22% versus baseline years (see Table 7). For the six longest-established catch shares, the index is an average of 77% higher after the third year, with no increase lower than 14% (see Table 8). Read More