Market Share, Capacity Utilization, Resource Conservation, and Tradable Quotas

Market Share, Capacity Utilization, Resource Conservation, and Tradable Quotas
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市场份额、产能利用率、资源节约和可交易配额

DOI:
10.1086/mre.13.2.42629226
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发表时间:
1998
影响因子:
2.9
通讯作者:
J. Menzo
J. Menzo
中科院分区:
经济学3区
文献类型:
--
作者:
A. Adelaja;B. McCay;J. Menzo

文献摘要

被引文献

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This paper examines the impact of the introduction of Individual Transferable Quotas (ITQs) on catch, market share, and capacity utilization of firms in the Mid Atlantic Surf Clam and Ocean Quahog (SCOQ) Fishery. Via the production function framework, catch and market share regression models are utilized in examining the effects of operator size, vessel age, and alternative product catch variables on industrial structure and how such effects changed after ITQs were introduced. Results indicate that in both fisheries, the ITQ system enhanced the value of each vessel by allowing vessel owners to apply greater effort to fewer boats, thus reducing excess capacity in the fishery. Results also indicate an overall resource conservation effect of ITQ introduction in the surf clam fishery. These results suggest that in the presence of ITQs, overall efficiency was enhanced in the SCOQ fishery.