Executive Summary A National Marines Fisheries Service Technical Group of Experts was assembled to give advice

on the appropriate excessive share threshold for the Surfclam and Ocean Quahog (SCOQ) ITQ system. The report prepared by Mitchell, Peterson, and Willig provides background information on the SCOQ industry and recommendations on 1) the rule or process that can be used to set an excessive-share limit...

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Main Authors: Prepared Glenn Mitchell, Steven Peterson, Robert Willig, Ani Katchova
Other Authors: The Pennsylvania State University CiteSeerX Archives
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Language:English
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Online Access:http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.224.7746
http://nefsc.noaa.gov/publications/crd/crd1122/part3.pdf
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spelling ftciteseerx:oai:CiteSeerX.psu:10.1.1.224.7746 2023-05-15T17:52:18+02:00 Executive Summary A National Marines Fisheries Service Technical Group of Experts was assembled to give advice Prepared Glenn Mitchell Steven Peterson Robert Willig Ani Katchova The Pennsylvania State University CiteSeerX Archives application/pdf http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.224.7746 http://nefsc.noaa.gov/publications/crd/crd1122/part3.pdf en eng http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.224.7746 http://nefsc.noaa.gov/publications/crd/crd1122/part3.pdf Metadata may be used without restrictions as long as the oai identifier remains attached to it. http://nefsc.noaa.gov/publications/crd/crd1122/part3.pdf text ftciteseerx 2016-01-07T18:26:45Z on the appropriate excessive share threshold for the Surfclam and Ocean Quahog (SCOQ) ITQ system. The report prepared by Mitchell, Peterson, and Willig provides background information on the SCOQ industry and recommendations on 1) the rule or process that can be used to set an excessive-share limit in terms of the maximum percentage of quota that can be owned or otherwise controlled by a single individual or entity; and 2) the application of this rule or process using available data to determine an appropriate excessive-share limit in the SCOQ ITQ system. The NMFS technical group argues that the evidence they analyzed does not support a conclusion that market power is currently being exercised through withholding of quota in the SCOQ fisheries. Using the Herfindahl-Hirschman index which is recommended for use in the Horizontal Merger Guidelines, it is found that the levels of concentration vary in the different sectors of the SCOQ industry: quota ownership, harvesting, and processing. The ownership of quota in the SCOQ fisheries is unconcentrated, but the use of quota is highly concentrated, both for harvesting and processing. The excessive-share proposal is laid out as a series of seven steps. They consider the HHI index using non-SCOQ clams and fringe holders, and the rule of three-firms to ensure adequate Text Ocean quahog Unknown
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description on the appropriate excessive share threshold for the Surfclam and Ocean Quahog (SCOQ) ITQ system. The report prepared by Mitchell, Peterson, and Willig provides background information on the SCOQ industry and recommendations on 1) the rule or process that can be used to set an excessive-share limit in terms of the maximum percentage of quota that can be owned or otherwise controlled by a single individual or entity; and 2) the application of this rule or process using available data to determine an appropriate excessive-share limit in the SCOQ ITQ system. The NMFS technical group argues that the evidence they analyzed does not support a conclusion that market power is currently being exercised through withholding of quota in the SCOQ fisheries. Using the Herfindahl-Hirschman index which is recommended for use in the Horizontal Merger Guidelines, it is found that the levels of concentration vary in the different sectors of the SCOQ industry: quota ownership, harvesting, and processing. The ownership of quota in the SCOQ fisheries is unconcentrated, but the use of quota is highly concentrated, both for harvesting and processing. The excessive-share proposal is laid out as a series of seven steps. They consider the HHI index using non-SCOQ clams and fringe holders, and the rule of three-firms to ensure adequate
author2 The Pennsylvania State University CiteSeerX Archives
format Text
author Prepared Glenn Mitchell
Steven Peterson
Robert Willig
Ani Katchova
spellingShingle Prepared Glenn Mitchell
Steven Peterson
Robert Willig
Ani Katchova
Executive Summary A National Marines Fisheries Service Technical Group of Experts was assembled to give advice
author_facet Prepared Glenn Mitchell
Steven Peterson
Robert Willig
Ani Katchova
author_sort Prepared Glenn Mitchell
title Executive Summary A National Marines Fisheries Service Technical Group of Experts was assembled to give advice
title_short Executive Summary A National Marines Fisheries Service Technical Group of Experts was assembled to give advice
title_full Executive Summary A National Marines Fisheries Service Technical Group of Experts was assembled to give advice
title_fullStr Executive Summary A National Marines Fisheries Service Technical Group of Experts was assembled to give advice
title_full_unstemmed Executive Summary A National Marines Fisheries Service Technical Group of Experts was assembled to give advice
title_sort executive summary a national marines fisheries service technical group of experts was assembled to give advice
url http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.224.7746
http://nefsc.noaa.gov/publications/crd/crd1122/part3.pdf
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http://nefsc.noaa.gov/publications/crd/crd1122/part3.pdf
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