Individual transferable quota contribution to environmental stewardship: a theory in need of validation

Putten, Ingrid van; Boschetti, Fabio; Fulton, Elizabeth A.; Smith, Anthony D. M.; Thébaud, Olivier

doi:10.5751/es-06466-190235

Cited by 32 publications

(12 citation statements)

References 143 publications

(151 reference statements)

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“…Of all renewable resources, ocean fisheries are probably the most depressing example of the ill consequences of a common pool resource that is left to open access (Heal, 2007). A potential solution is the establishment of private property rights (PPRs), which has compelling theoretical arguments (Wilen, 2000), but the empirical evidence of whether establishing PPRs does improve sustainability is mixed (van Putten et al, 2014). In this paper, we have tried to quantify a causal relationship from PPRs to fisheries collapse, as well as highlight important institutional and species characteristics that either strengthen or weaken the effect.…”

Section: Resultsmentioning

confidence: 99%

“…By providing ownership of the resource to users, tradable quotas may create an incentive to lobby for long-term sustainable use of the resource as this will be reflected in the value of the quota that a quota owner holds. For similar reasons, tradable quotas may provide incentives for good stewardship, for example by avoiding destructive ways of fishing or reporting misconduct of peers (van Putten et al, 2014). Relatedly, assigning individual property rights may also strengthen quota holders' incentives to make sure the total allowable catch (TAC) is enforced.…”

Section: Property Rights and Ecosystem Sustainabilitymentioning

confidence: 99%

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Tragedy, Property Rights, and the Commons: Investigating the Causal Relationship from Institutions to Ecosystem Collapse

Isaksen

Richter

2019

Journal of the Association of Environmental and Resource Econom

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Do private property rights mitigate overexploitation of common pool resources, and if so, under which circumstances? In this paper, we examine the effects of private property rights on the status of marine fisheries by combining data on ecological, economic and institutional characteristics into a panel data set, spanning over 50 years, 170 exclusive economic zones and 800 species. To address the inherent endogeneity problem of policy implementation, we employ both a differencein-differences (DiD) and instrumental variable (IV) strategy. Results from both estimations suggest that property rights lower the probability of a fish stock collapsing, but the effect varies with country and species characteristics. Specifically, we find evidence suggesting that property rights are more effective when ownership is transferable, the general level of ownership protection is strong, trade openness is high, the regenerative capacity of the resource is high, and the species value is high.

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Section: Resultsmentioning

confidence: 99%

Section: Property Rights and Ecosystem Sustainabilitymentioning

confidence: 99%

Tragedy, Property Rights, and the Commons: Investigating the Causal Relationship from Institutions to Ecosystem Collapse

Isaksen

Richter

2019

Journal of the Association of Environmental and Resource Econom

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“…Traditionally quota was allocated to owner operators. Now, ownership has consolidated and UK fishing businesses increasingly hire skippers and crew who have no stake in the vessel or the quota, casting doubt on the claim that property rights encourage stewardship (van Putten et al, 2014).…”

Section: "Most Representatives Of the Fishing Industry Voiced Their Smentioning

confidence: 99%

Fishing rights, property rights, human rights: the problem of legal lock-in in UK fisheries

Appleby

Cardwell

Pettipher

2018

Elementa: Science of the Anthropocene

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Property rights are a widely advocated policy tool to encourage stewardship over a range of environmental goods. Despite the extent to which property rights are dependent upon law to work, economists rarely consider that property rights are enmeshed within a complex web of pre-existing national and international legal frameworks—such as human rights law—that put strict limitations on the way they operate. This important issue is illustrated here with reference to the legal struggles in the UK around the “ownership” of fishing rights. The social and economic changes under market-based management in the UK made the fisheries regulatory regime unpopular, and undoubtedly contributed to the overwhelming vote within the catch sector to leave the European Union, even though the responsibility to allocate fishing opportunities to the British fishing industry lay with the UK authorities. The lesson from the UK experience is that despite the legal-blindness of much resource economics, the application of economic theory should not outrun its legal foundations. We conclude that promoting the allocation of public fishing rights to the private sector without adequate safeguards—such as a valuation of the rights in question and carefully considered written terms and conditions—could be considered negligent.

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“…To our knowledge there are no academic studies that provide a comprehensive definition and integrative analytical framework to bring together the different elements of environmental stewardship that have been discussed and examined across the literature. However, there are many existing frameworks for related concepts such as social-ecological systems, sustainable livelihoods, CBNRM, adaptive co-management, and environmental governance (Scoones 1998;Plummer and Fitzgibbon 2004;Tyler 2006;Ostrom 2009;Armitage et al 2010), which can inform such an effort. In particular, these frameworks provide useful ways of thinking about the capacities and institutional factors that might support stewardship efforts.…”

Section: Introductionmentioning

confidence: 99%

“…The phenomena of local environmental stewardship has been studied in numerous different contexts, including forests (English et al 1997;Adhikari et al 2007;Kilgore et al 2008;Messier et al 2015), freshwater (Shandas and Messer 2008;Kreutzwiser et al 2011), grasslands and rangelands (Appiah-Opoku 2007;Squires 2012;Sayre et al 2013;Henderson et al 2014), rural agricultural landscapes (Worrell and Appleby 2000;Plummer et al 2008;Ellis 2013;Gill 2014;Raymond et al 2015), urban environments (Krasny and Tidball 2012;Connolly et al 2014;Romolini et al 2016), fisheries (Gray and Hatchard 2007;McConney et al 2014;van Putten et al 2014;Medeiros et al 2014) and coastal or marine habitats (Sharpe and Conrad 2006;Friedlander et al 2013;Silbernagel et al 2015). These studies tend to focus their analysis either on a subset of the different factors that can support or undermine stewardship -for example, on ethics, motivations, capacity, institutions, networks, context-or simply on whether or not action is being taken to steward the environment.…”

Section: Introductionmentioning

confidence: 99%

Environmental Stewardship: A Conceptual Review and Analytical Framework

Bennett¹,

Whitty²,

Finkbeiner³

et al. 2018

Preprint

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There has been increasing attention to and investment in local environmental stewardship in conservation and environmental management policies and programs globally. Yet environmental stewardship has not received adequate conceptual attention. Establishing a clear definition and comprehensive analytical framework could strengthen our ability to understand the factors that lead to the success or failure of environmental stewardship in different contexts and how to most effectively support and enable local efforts. Here we propose such a definition and framework. First, we define local environmental stewardship as the actions taken by individuals, groups or networks of actors, with various motivations and levels of capacity, to protect, care for or responsibly use the environment in pursuit of environmental and/or social outcomes in diverse social–ecological contexts. Next, drawing from a review of the environmental stewardship, management and governance literatures, we unpack the elements of this definition to develop an analytical framework that can facilitate research on local environmental stewardship. Finally, we discuss potential interventions and leverage points for promoting or supporting local stewardship and future applications of the framework to guide descriptive, evaluative, prescriptive or systematic analysis of environmental stewardship. Further application of this framework in diverse environmental and social contexts is recommended to refine the elements and develop insights that will guide and improve the outcomes of environmental stewardship initiatives and investments. Ultimately, our aim is to raise the profile of environmental stewardship as a valuable and holistic concept for guiding productive and sustained relationships with the environment.

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Individual transferable quota contribution to environmental stewardship: a theory in need of validation

Cited by 32 publications

References 143 publications

Tragedy, Property Rights, and the Commons: Investigating the Causal Relationship from Institutions to Ecosystem Collapse

Tragedy, Property Rights, and the Commons: Investigating the Causal Relationship from Institutions to Ecosystem Collapse

Fishing rights, property rights, human rights: the problem of legal lock-in in UK fisheries

Environmental Stewardship: A Conceptual Review and Analytical Framework

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