Territorial use rights and economic efficiency: the case of the Philippine fishing concessions

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dc.coveragePhilippines
dc.creatorIan R. Smith and Theodore Panayotou;Fishery and Aquaculture Economics and Policy Division;Fisheries and Aquaculture Management Division
dc.date2024-09-01T05:30:27Z
dc.date2024-09-01T05:30:27Z
dc.date1992
dc.date2020-11-10T22:38:56Z
dc.date.accessioned2026-06-27T23:38:13Z
dc.descriptionThis paper discusses the mechanics and implications of municipal concessions in the Philippines which govern the use of municipal waters for fish corrals, oyster culture beds and gathering of milkfish fry. These concessions or territorial use rights are awarded annually by the resource owner (the municipality) to the highest bidder. In the case of milkfish fry gathering, the concessionaire assumes monopsonist rights of first purchase from fry gatherers. The implications of this system for econom ic efficiency and equity are discussed theoretically with supporting data from milkfish fry concessions in Antique Province. It is concluded that the system increases economic efficiency in resource use and generates significant income for municipalities which they can then redistribute as they see fit, and therefore not necessarily for the special benefit of fishermen.
dc.format17
dc.formattext/html
dc.identifier9251021376
dc.identifier0429-9345
dc.identifierhttps://openknowledge.fao.org/handle/20.500.14283/t0509e
dc.identifierhttp://www.fao.org/3/t0509e/t0509e00.HTM
dc.identifier.urihttp://hdl.handle.net/123456789/287116
dc.languageEnglish
dc.relationFAO Fisheries Technical Paper
dc.relation0429-9345 - T245
dc.rightsFAO
dc.titleTerritorial use rights and economic efficiency: the case of the Philippine fishing concessions
dc.titleTerritorial use rights and economic efficiency: the case of the Philippine fishing concessions
dc.typeBook (series)

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