Assessing Efficiency Gains from Individual Transferable Quotas: An Application to the Mid-Atlantic Surf Clam and Ocean Quahog Fishery
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 app...
Published in: | American Journal of Agricultural Economics |
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Oxford University Press
1998
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Online Access: | http://ajae.oxfordjournals.org/cgi/content/short/80/4/750 https://doi.org/10.2307/1244061 |
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fthighwire:oai:open-archive.highwire.org:ajae:80/4/750 2023-05-15T17:52:17+02:00 Assessing Efficiency Gains from Individual Transferable Quotas: An Application to the Mid-Atlantic Surf Clam and Ocean Quahog Fishery Weninger, Quinn 1998-11-01 00:00:00.0 text/html http://ajae.oxfordjournals.org/cgi/content/short/80/4/750 https://doi.org/10.2307/1244061 en eng Oxford University Press http://ajae.oxfordjournals.org/cgi/content/short/80/4/750 http://dx.doi.org/10.2307/1244061 Copyright (C) 1998, Agricultural and Applied Economics Association Articles TEXT 1998 fthighwire https://doi.org/10.2307/1244061 2013-05-27T13:06:12Z 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). Text Ocean quahog HighWire Press (Stanford University) American Journal of Agricultural Economics 80 4 750 764 |
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HighWire Press (Stanford University) |
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English |
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Articles Weninger, Quinn Assessing Efficiency Gains from Individual Transferable Quotas: An Application to the Mid-Atlantic Surf Clam and Ocean Quahog Fishery |
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Articles |
description |
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 |
Text |
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 |
Oxford University Press |
publishDate |
1998 |
url |
http://ajae.oxfordjournals.org/cgi/content/short/80/4/750 https://doi.org/10.2307/1244061 |
genre |
Ocean quahog |
genre_facet |
Ocean quahog |
op_relation |
http://ajae.oxfordjournals.org/cgi/content/short/80/4/750 http://dx.doi.org/10.2307/1244061 |
op_rights |
Copyright (C) 1998, Agricultural and Applied Economics Association |
op_doi |
https://doi.org/10.2307/1244061 |
container_title |
American Journal of Agricultural Economics |
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80 |
container_issue |
4 |
container_start_page |
750 |
op_container_end_page |
764 |
_version_ |
1766159683364585472 |