Productivity Change under an Individual Transferable Quota Management System

This study examines productivity change in the Mid-Atlantic surfclam and ocean quahog fishery, which has been managed since 1990 using Individual Transferable Quotas (ITQ). Productivity change is estimated through a Malmquist index from 1981--2008, capturing change before and after implementation of...

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Bibliographic Details
Main Authors: John B. Walden, James E. Kirkley, Rolf Färe, Philip Logan
Format: Article in Journal/Newspaper
Language:unknown
Subjects:
Ocean quahog
Online Access:http://hdl.handle.net/10.1093/ajae/aas025
id ftrepec:oai:RePEc:oup:ajagec:v:94:y:2012:i:4:p:913-928
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spelling ftrepec:oai:RePEc:oup:ajagec:v:94:y:2012:i:4:p:913-928 2024-04-14T08:17:52+00:00 Productivity Change under an Individual Transferable Quota Management System John B. Walden James E. Kirkley Rolf Färe Philip Logan http://hdl.handle.net/10.1093/ajae/aas025 unknown http://hdl.handle.net/10.1093/ajae/aas025 article ftrepec 2024-03-19T10:32:00Z This study examines productivity change in the Mid-Atlantic surfclam and ocean quahog fishery, which has been managed since 1990 using Individual Transferable Quotas (ITQ). Productivity change is estimated through a Malmquist index from 1981--2008, capturing change before and after implementation of the quota system. We then decompose the index to examine changes in technical efficiency, scale efficiency, and technical change. Our findings indicate that the ITQ system has not sustained gains in vessel productivity. These results are thought to be driven by spatial changes in biomass and the inability to access more productive fishing grounds. Copyright 2012, 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 This study examines productivity change in the Mid-Atlantic surfclam and ocean quahog fishery, which has been managed since 1990 using Individual Transferable Quotas (ITQ). Productivity change is estimated through a Malmquist index from 1981--2008, capturing change before and after implementation of the quota system. We then decompose the index to examine changes in technical efficiency, scale efficiency, and technical change. Our findings indicate that the ITQ system has not sustained gains in vessel productivity. These results are thought to be driven by spatial changes in biomass and the inability to access more productive fishing grounds. Copyright 2012, Oxford University Press.
format Article in Journal/Newspaper
author John B. Walden
James E. Kirkley
Rolf Färe
Philip Logan
spellingShingle John B. Walden
James E. Kirkley
Rolf Färe
Philip Logan
Productivity Change under an Individual Transferable Quota Management System
author_facet John B. Walden
James E. Kirkley
Rolf Färe
Philip Logan
author_sort John B. Walden
title Productivity Change under an Individual Transferable Quota Management System
title_short Productivity Change under an Individual Transferable Quota Management System
title_full Productivity Change under an Individual Transferable Quota Management System
title_fullStr Productivity Change under an Individual Transferable Quota Management System
title_full_unstemmed Productivity Change under an Individual Transferable Quota Management System
title_sort productivity change under an individual transferable quota management system
url http://hdl.handle.net/10.1093/ajae/aas025
genre Ocean quahog
genre_facet Ocean quahog
op_relation http://hdl.handle.net/10.1093/ajae/aas025
_version_ 1796317181501243392

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