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

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dc.contributor.authorKirchner, Carolaen_ZA
dc.contributor.authorLeiman, Anthonyen_ZA
dc.date.accessioned2015-11-04T11:58:11Z
dc.date.available2015-11-04T11:58:11Z
dc.date.issued2014en_ZA
dc.description.abstractThis 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.identifier.apacitationKirchner, 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/11427/14684en_ZA
dc.identifier.chicagocitationKirchner, 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/11427/14684en_ZA
dc.identifier.citationKirchner, 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.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
dc.identifier.urihttp://hdl.handle.net/11427/14684
dc.identifier.urihttp://dx.doi.org/10.1186/2212-9790-13-7
dc.identifier.vancouvercitationKirchner 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.language.isoengen_ZA
dc.publisherSpringeren_ZA
dc.publisher.departmentSchool of Economicsen_ZA
dc.publisher.facultyFaculty of Commerceen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.rightsThis is an Open Access article distributed under the terms of the Creative Commons Attribution Licenseen_ZA
dc.rights.holder2014 Kirchner and Leiman;en_ZA
dc.rights.urihttp://creativecommons.org/licenses/by/2.0en_ZA
dc.sourceMaritime Studiesen_ZA
dc.source.urihttp://www.maritimestudiesjournal.com/en_ZA
dc.subject.otherResource renten_ZA
dc.subject.otherHakeen_ZA
dc.subject.otherManagement proceduresen_ZA
dc.subject.otherNamibianizationen_ZA
dc.subject.otherQuotaen_ZA
dc.subject.otherVessel capacityen_ZA
dc.subject.otherFreezer vesselen_ZA
dc.titleResource rents and resource management policies in Namibia's post-Independence hake fisheryen_ZA
dc.typeJournal Articleen_ZA
uct.type.filetypeText
uct.type.filetypeImage
uct.type.publicationResearchen_ZA
uct.type.resourceArticleen_ZA
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