A synthetic control approach to estimate the effect of total allowable catches in the high seas

Abstract

Effective fisheries management interventions have the potential to increase fisheries resilience and generate high profits and yields (Free et al., 2020;Gaines et al., 2018). Over the past 15 years, many developed nations have improved the health of fisheries within their exclusive economic zone (EEZ) through effective management (Hilborn et al., 2020). Management is often more challenging for fisheries that move between or beyond EEZs (Liu & Molina, 2021).High seas fisheries-those that occur beyond EEZs-are open access