Changing usage and value in the Western Alaska Community Development Quota (CDQ) program

An important element in the U.S. management of fisheries in the North Pacific is the existence of Community Development Quotas (CDQs) which grant community corporations the right to fish in many fisheries off the coast of Alaska. The eastern Bering Sea pollock fishery is the largest of these fisheries, with 10 % of the quota allocated to CDQs. The CDQ program evolved from a partial catch share program that existed from 1992 to 1999 within a limited-entry fishery to a full catch share program with separate spatial rights. In this paper I examine the temporal and spatial uses of CDQ rights and how these uses have changed since the implementation of catch shares throughout the fishery. I also discuss the dispersion of CDQ royalties since the program's inception and examine the prices of CDQ fishing rights from 1992 to 2005 when data on quota value were reported to the government. I compare quota prices to information about walleye pollock fishing and examine the evolving use of CDQ rights. The use of the CDQ right has changed from extending the season to enabling fishing in otherwise closed areas during the season. The number of vessels fishing with CDQ rights has declined substantially, with all pollock CDQ fishing now done by at-sea processors.