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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Bibliographic Details
Main Author: Quinn Weninger
Format: Article in Journal/Newspaper
Language:unknown
Subjects:
Ocean quahog
Online Access:http://hdl.handle.net/10.2307/1244061
id ftrepec:oai:RePEc:oup:ajagec:v:80:y:1998:i:4:p:750-764
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spelling 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)
institution Open Polar
collection RePEc (Research Papers in Economics)
op_collection_id ftrepec
language unknown
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). 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
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