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Institutional change,fishing rights and governance mechanisms: The dynamics of the Spanish 300 fleet on the Grand Sole fishing grounds
Institution:1. University of Santiago de Compostela, Faculty of Political and Social Sciences. Av. Angel Echevarry s/n., 15782 A Coruña, Spain;2. Campus Do*Mar, International Campus of Excellence, Spain;3. Department of Biology & Centre for Environmental and Marine Studies (CESAM), University of Aveiro, Campus Universitário de Santiago, 3810–193 Aveiro, Portugal;4. Oceanlab, School of Biological Sciences, University of Aberdeen, Main Street, Newburgh, Aberdeenshire AB41 6AA, UK;5. Department of Environment and Planning & Centre for Environmental and Marine Studies (CESAM), University of Aveiro, Campus Universitário de Santiago, 3810–193 Aveiro, Portugal;6. Lonxanet Foundation for Sustainable Fishing, A Coruña, Spain;7. University of Santiago de Compostela, Faculty of Economics and Business Administration. Av. Burgo das Nacións s/n., 15782 A Coruña, Spain;8. University of Vigo, Spain;9. ITAM, Centro de Investigación Económica, Av. Camino Santa Teresa 930, C.P. 10700 Mexico, D.F., Mexico;10. Universidade de Vigo, Departamento de Matemáticas, C/ Leonardo da Vinci s/n, 36310 Vigo, Spain;11. Centre of Marine Sciences (CCMAR), FCT-7, University of Algarve, Campus de Gambelas, 8005-139 Faro, Portugal;12. University of British Columbia, Fisheries Economics Research Unit, Vancouver, Canada;13. Institut de Recherche pour le Développement, France;14. Instituto de Ciencias del Mar (ICM-CSIC), Barcelona, Spain;1. ERENEA-ECOBAS, Department of Applied Economics, University of Vigo, Facultad de Ciencias Económicas e Empresariais de la Universidade de Vigo, Campus Lagoas-Marcosende, 36310 Vigo, Galicia, Spain;2. Fisheries Socioeconomics Department, Centro Tecnológico del Mar, Fundación CETMAR, Eduardo Cabello s/n, E-36208 Vigo, Spain
Abstract:The “Spanish 300 Fleet” on the Grand Sole fishing grounds has been one of the most important fleets in Europe for decades. This paper analyses the process of institutional change that has determined the governance mechanisms and the property-rights system in the case of the Spanish 300 fleet. It studies the centralized top-to-bottom process of institutional change that has included some relevant legal norms such as the approval of the compatibility of the vessel scrapping grants while retaining ownership of the fishing rights, the transferability of rights and lastly the implementation of ITQs in 2007, among other changes. This evolution of the governance mechanisms has facilitated the modernization and size adjustment of this fleet, which has been oversized for the fishing opportunities provided by the TACs. The paper explains how this process of institutional change has implied a reduction of the “300 fleet” to a 100 fleet while shedding light on the relationships between institutional change, governance mechanisms and the property-rights system in this case of fisheries management.
Keywords:Spanish 300 fleet  Grand Sole  Institutional change  Governance  Property rights  ITQ
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