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dc.titleExamination of the Peruvian Anchovy Individual Vessel Quota (IVQ) System
dc.contributor.authorKroetz, Kailin
dc.contributor.authorSanchirico, James N.
dc.contributor.authorGalarza Contreras, Elsa
dc.contributor.authorCorderi, David
dc.contributor.authorCollado, Nestor
dc.contributor.authorSwiedler, Elaine W.
dc.contributor.orgunitEnvironment, Rural Development and Risk Management Division
dc.coveragePeru
dc.date.available2017-01-04T00:00:00
dc.date.issue2016-12-01T00:00:00
dc.description.abstractThe implementation of rights-based management programs is increasing worldwide yet there are few ex post evaluations, especially in developing country contexts. In this paper we examine changes following the implementation of a catch share system in the Peruvian anchovyfishery, which is the world's largest commercial fishery by volume. After implementation of the Individual Vessel Quota (IVQ) management system, we observe a shift toward higher-value products and a 97% increase in per-unit revenue from 2008 to 2013. We also find that landings are more spread out over the fishing season, with an increase in the number of fishing days. Additionally, fleet consolidation occurs over time with a shift toward larger vessels in the steel fleet. Finally, using cost estimates from a large fishing firm on the cost of steel vessel operation, we estimate variable harvesting profit increased from 34-41% of the ex-vessel price pre-IVQ to 63-65% post.
dc.format.extent82
dc.identifier.doihttp://dx.doi.org/10.18235/0000598
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Examination-of-the-Peruvian-Anchovy-Individual-Vessel-Quota-(IVQ)-System.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectCommercial Fishing
dc.subjectBiomass
dc.subjectMarine Resource
dc.subjectFishery Management
dc.subjectFish Trade
dc.subject.jelcodeQ22 - Fishery • Aquaculture
dc.subject.keywordsPeruvian Anchovy;Anchovy Fishery
dc.typeWorking Papers
idb.identifier.pubnumberWorking Papers
idb.operationRG-K1350
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