Assessing Efficiency Gains from Individual Transferable Quotas: An Application to the Mid‐Atlantic Surf Clam and Ocean Quahog Fishery
Abstract Delayed fishing fleet restructuring complicates the assessment of efficiency gains from individual transferable quota (ITQ) fisheries management programs. This article presents a methodology to estimate harvest sector efficiency gains in lieu of incomplete fleet restructuring. The methodolo...
Published in: | American Journal of Agricultural Economics |
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Online Access: | http://dx.doi.org/10.2307/1244061 https://onlinelibrary.wiley.com/doi/pdf/10.2307/1244061 |
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crwiley:10.2307/1244061 2024-04-28T08:35:05+00:00 Assessing Efficiency Gains from Individual Transferable Quotas: An Application to the Mid‐Atlantic Surf Clam and Ocean Quahog Fishery Weninger, Quinn 1998 http://dx.doi.org/10.2307/1244061 https://onlinelibrary.wiley.com/doi/pdf/10.2307/1244061 en eng Wiley http://onlinelibrary.wiley.com/termsAndConditions#vor American Journal of Agricultural Economics volume 80, issue 4, page 750-764 ISSN 0002-9092 1467-8276 Economics and Econometrics Agricultural and Biological Sciences (miscellaneous) journal-article 1998 crwiley https://doi.org/10.2307/1244061 2024-04-05T07:40:26Z Abstract Delayed fishing fleet restructuring complicates the assessment of efficiency gains from individual transferable quota (ITQ) fisheries management programs. This article presents a methodology to estimate harvest sector efficiency gains in lieu of incomplete fleet restructuring. The methodology is applied to assess the efficiency gains in the Mid‐Atlantic surf clam and ocean quahog fishery ITQ program. While roughly 128 vessels harvested clams under the previous management regime, the analysis suggests that 21–25 vessels will remain under lTQs. The efficiency gains are estimated to be between $@@‐@@11.1 million and $@@‐@@12.8 million annually (1990 dollars). Article in Journal/Newspaper Ocean quahog Wiley Online Library American Journal of Agricultural Economics 80 4 750 764 |
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Open Polar |
collection |
Wiley Online Library |
op_collection_id |
crwiley |
language |
English |
topic |
Economics and Econometrics Agricultural and Biological Sciences (miscellaneous) |
spellingShingle |
Economics and Econometrics Agricultural and Biological Sciences (miscellaneous) Weninger, Quinn Assessing Efficiency Gains from Individual Transferable Quotas: An Application to the Mid‐Atlantic Surf Clam and Ocean Quahog Fishery |
topic_facet |
Economics and Econometrics Agricultural and Biological Sciences (miscellaneous) |
description |
Abstract Delayed fishing fleet restructuring complicates the assessment of efficiency gains from individual transferable quota (ITQ) fisheries management programs. This article presents a methodology to estimate harvest sector efficiency gains in lieu of incomplete fleet restructuring. The methodology is applied to assess the efficiency gains in the Mid‐Atlantic surf clam and ocean quahog fishery ITQ program. While roughly 128 vessels harvested clams under the previous management regime, the analysis suggests that 21–25 vessels will remain under lTQs. The efficiency gains are estimated to be between $@@‐@@11.1 million and $@@‐@@12.8 million annually (1990 dollars). |
format |
Article in Journal/Newspaper |
author |
Weninger, Quinn |
author_facet |
Weninger, Quinn |
author_sort |
Weninger, Quinn |
title |
Assessing Efficiency Gains from Individual Transferable Quotas: An Application to the Mid‐Atlantic Surf Clam and Ocean Quahog Fishery |
title_short |
Assessing Efficiency Gains from Individual Transferable Quotas: An Application to the Mid‐Atlantic Surf Clam and Ocean Quahog Fishery |
title_full |
Assessing Efficiency Gains from Individual Transferable Quotas: An Application to the Mid‐Atlantic Surf Clam and Ocean Quahog Fishery |
title_fullStr |
Assessing Efficiency Gains from Individual Transferable Quotas: An Application to the Mid‐Atlantic Surf Clam and Ocean Quahog Fishery |
title_full_unstemmed |
Assessing Efficiency Gains from Individual Transferable Quotas: An Application to the Mid‐Atlantic Surf Clam and Ocean Quahog Fishery |
title_sort |
assessing efficiency gains from individual transferable quotas: an application to the mid‐atlantic surf clam and ocean quahog fishery |
publisher |
Wiley |
publishDate |
1998 |
url |
http://dx.doi.org/10.2307/1244061 https://onlinelibrary.wiley.com/doi/pdf/10.2307/1244061 |
genre |
Ocean quahog |
genre_facet |
Ocean quahog |
op_source |
American Journal of Agricultural Economics volume 80, issue 4, page 750-764 ISSN 0002-9092 1467-8276 |
op_rights |
http://onlinelibrary.wiley.com/termsAndConditions#vor |
op_doi |
https://doi.org/10.2307/1244061 |
container_title |
American Journal of Agricultural Economics |
container_volume |
80 |
container_issue |
4 |
container_start_page |
750 |
op_container_end_page |
764 |
_version_ |
1797591533316210688 |