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An empirical analysis of production distortions in the mid-Atlantic surf clam and ocean quahog fishery

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  • Q. Weninger
  • I. E. Strand

Abstract

This paper presents empirical evidence of production distortions under controlled access management in the Mid-Atlantic surf clam and ocean quahog fishery. Results indicate that vessels harvested multiple clam species even though the harvest technology exhibits diseconomies of scope. Vessels also operated in a region of the production surface where the marginal product of vessel capital services was negative. These distortions are explained by perverse regulations which restricted vessel capital replacement and severely limited fishing times.

Suggested Citation

  • Q. Weninger & I. E. Strand, 2003. "An empirical analysis of production distortions in the mid-Atlantic surf clam and ocean quahog fishery," Applied Economics, Taylor & Francis Journals, vol. 35(10), pages 1191-1197.
    • Handle: RePEc:taf:applec:v:35:y:2003:i:10:p:1191-1197
    DOI: 10.1080/0003684032000086073
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    References listed on IDEAS

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    1. Kirkley, James E & Squires, Dale, 1999. "Capacity and Capacity Utilization in Fishing Industries," University of California at San Diego, Economics Working Paper Series qt6k91b50v, Department of Economics, UC San Diego.
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    Cited by:

    1. Quinn Weninger, 2008. "Economic Benefits of Management Reform in the Gulf of Mexico Grouper Fishery: A Semi-parametric Analysis," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 41(4), pages 479-497, December.
    2. Sean Pascoe & Phoebe Koundouri & Trond Bjørndal, 2007. "Estimating Targeting Ability in Multi-Species Fisheries: A Primal Multi-Output Distance Function Approach," Land Economics, University of Wisconsin Press, vol. 83(3), pages 382-397.
    3. Roibas, David & Arias, Carlos, 2004. "Endogeneity Problems in the Estimation of Multi-Output Technologies," Efficiency Series Papers 2004/06, University of Oviedo, Department of Economics, Oviedo Efficiency Group (OEG).

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