The Estonian fisheries: from the Soviet system to ITQs and quota auctions |
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| Institution: | 1. University of Tartu, Estonian Marine Institute, Vanemuise St. 46, Tartu 54014, Estonia;2. Norwegian School of Economics and Business Administration, Helleveien 30, 5045 Bergen, Norway;1. Sobolev Institute of Geology and Mineralogy, Siberian Branch of the Russian Academy of Sciences, 3, Prosp. Akad. Koptyuga, Novosibirsk, 630090, Russia;2. Ural Federal University, 19, Mira Str, Ekaterinburg, 620002, Russia;3. St-Petersburg State University, 7/9, Universitetskaya nab., St-Petersburg, 199034, Russia;1. School of Social Work, College for Public Health and Social Justice, Saint Louis University, Saint Louis, MO, United States;2. Yonsei University, Seoul, Republic of Korea;3. School of Social Work, Boston University, Boston, MA, United States;1. School of Biological, Earth & Environmental Sciences, University College Cork, Ireland;2. Marine Institute, Rinville, Oranmore, Co. Galway, Ireland;3. School of Biological Sciences, Queen''s University, Belfast, UK;4. Department of Mathematical Sciences, University of Essex, Colchester, UK;5. School of Biological Sciences, University of Essex, Colchester, UK;1. Department of Statistics, University of Auckland, Private Bag 92019, Auckland, New Zealand;2. Departamento de Biologia, Faculdade de Ciências, Universidade do Porto, Rua do Campo Alegre s/n, Ed. FC4, 4169-007, Porto, Portugal;3. IPMA – Portuguese Institute for the Ocean and Atmosphere, Avenida Alfredo Magalhães Ramalho 6, 1495-165, Algés, Portugal;4. CCMAR – Centre for Marine Sciences, University of Algarve, Campus de Gambelas, 8005-139, Faro, Portugal |
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| Abstract: | The development of the Estonian fisheries and fishing rights during the post-Soviet period is discussed. In order to deal with excessive fishing capacity, a part of the fishing rights, both volume quotas and gear-use rights, in all Estonian fisheries will be allocated each year through auctions while the remainder will be allocated on the basis of the history of the use of recent fishing rights. This was done for the first time in 2001. All fishing rights depreciate from year to year in a geometric fashion, by 10% yearly. The results of the first auctions discussed in the paper suggest that auctioning is a suitable method to manage common-pool resources such as fish stocks. |
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