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...
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ftrepec:oai:RePEc:oup:ajagec:v:80:y:1998:i:4:p:750-764 2024-04-14T08:17:52+00:00 Assessing Efficiency Gains from Individual Transferable Quotas: An Application to the Mid-Atlantic Surf Clam and Ocean Quahog Fishery Quinn Weninger http://hdl.handle.net/10.2307/1244061 unknown http://hdl.handle.net/10.2307/1244061 article ftrepec 2024-03-19T10:30:45Z 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). Copyright 1998, Oxford University Press. Article in Journal/Newspaper Ocean quahog RePEc (Research Papers in Economics) |
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RePEc (Research Papers in Economics) |
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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). Copyright 1998, Oxford University Press. |
format |
Article in Journal/Newspaper |
author |
Quinn Weninger |
spellingShingle |
Quinn Weninger Assessing Efficiency Gains from Individual Transferable Quotas: An Application to the Mid-Atlantic Surf Clam and Ocean Quahog Fishery |
author_facet |
Quinn Weninger |
author_sort |
Quinn Weninger |
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 |
url |
http://hdl.handle.net/10.2307/1244061 |
genre |
Ocean quahog |
genre_facet |
Ocean quahog |
op_relation |
http://hdl.handle.net/10.2307/1244061 |
_version_ |
1796317181302013952 |