Resource rents and resource management policies in Namibia's post-Independence hake fishery

 

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dc.contributor.author Kirchner, Carola en_ZA
dc.contributor.author Leiman, Anthony en_ZA
dc.date.accessioned 2015-11-04T11:58:11Z
dc.date.available 2015-11-04T11:58:11Z
dc.date.issued 2014 en_ZA
dc.identifier.citation Kirchner, C., & Leiman, A. (2014). Resource rents and resource management policies in Namibia’s post-Independence hake fishery. Maritime Studies, 13(1), 1-23. en_ZA
dc.identifier.uri http://hdl.handle.net/11427/14684
dc.identifier.uri http://dx.doi.org/10.1186/2212-9790-13-7
dc.description.abstract This study reviews the nature and outcomes of policies, incentives and management procedures in the Namibian hake industry from independence in 1990 to the present. It is argued that, although based on individual quotas, Namibia's post-independence management procedures have conflicted with the State's commitment to efficiency. Its 'Namibianization' policy and its attempt to increase domestic control of the hake industry both increased fishing effort and depressed hake stocks below economically optimal levels. Despite current over-capacity, government continues to reward new investments. Industry inefficiency has been further compounded by inconsistent rights allocation policies and the fragmentation of quota shares, which have reduced right-holders' sense of stewardship over the resource. If the resulting loss of rents is to be reversed, the present policies and the associated perverse incentives will need to be re-evaluated. en_ZA
dc.language.iso eng en_ZA
dc.publisher Springer en_ZA
dc.rights This is an Open Access article distributed under the terms of the Creative Commons Attribution License en_ZA
dc.rights.uri http://creativecommons.org/licenses/by/2.0 en_ZA
dc.source Maritime Studies en_ZA
dc.source.uri http://www.maritimestudiesjournal.com/ en_ZA
dc.subject.other Resource rent en_ZA
dc.subject.other Hake en_ZA
dc.subject.other Management procedures en_ZA
dc.subject.other Namibianization en_ZA
dc.subject.other Quota en_ZA
dc.subject.other Vessel capacity en_ZA
dc.subject.other Freezer vessel en_ZA
dc.title Resource rents and resource management policies in Namibia's post-Independence hake fishery en_ZA
dc.type Journal Article en_ZA
dc.rights.holder 2014 Kirchner and Leiman; en_ZA
uct.type.publication Research en_ZA
uct.type.resource Article en_ZA
dc.publisher.institution University of Cape Town
dc.publisher.faculty Faculty of Commerce en_ZA
dc.publisher.department School of Economics en_ZA
uct.type.filetype Text
uct.type.filetype Image
dc.identifier.apacitation Kirchner, C., & Leiman, A. (2014). Resource rents and resource management policies in Namibia's post-Independence hake fishery. <i>Maritime Studies</i>, http://hdl.handle.net/11427/14684 en_ZA
dc.identifier.chicagocitation Kirchner, Carola, and Anthony Leiman "Resource rents and resource management policies in Namibia's post-Independence hake fishery." <i>Maritime Studies</i> (2014) http://hdl.handle.net/11427/14684 en_ZA
dc.identifier.vancouvercitation Kirchner C, Leiman A. Resource rents and resource management policies in Namibia's post-Independence hake fishery. Maritime Studies. 2014; http://hdl.handle.net/11427/14684. en_ZA
dc.identifier.ris TY - Journal Article AU - Kirchner, Carola AU - Leiman, Anthony AB - This study reviews the nature and outcomes of policies, incentives and management procedures in the Namibian hake industry from independence in 1990 to the present. It is argued that, although based on individual quotas, Namibia's post-independence management procedures have conflicted with the State's commitment to efficiency. Its 'Namibianization' policy and its attempt to increase domestic control of the hake industry both increased fishing effort and depressed hake stocks below economically optimal levels. Despite current over-capacity, government continues to reward new investments. Industry inefficiency has been further compounded by inconsistent rights allocation policies and the fragmentation of quota shares, which have reduced right-holders' sense of stewardship over the resource. If the resulting loss of rents is to be reversed, the present policies and the associated perverse incentives will need to be re-evaluated. DA - 2014 DB - OpenUCT DO - 10.1186/2212-9790-13-7 DP - University of Cape Town J1 - Maritime Studies LK - https://open.uct.ac.za PB - University of Cape Town PY - 2014 T1 - Resource rents and resource management policies in Namibia's post-Independence hake fishery TI - Resource rents and resource management policies in Namibia's post-Independence hake fishery UR - http://hdl.handle.net/11427/14684 ER - en_ZA


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This is an Open Access article distributed under the terms of the Creative Commons Attribution License Except where otherwise noted, this item's license is described as This is an Open Access article distributed under the terms of the Creative Commons Attribution License