Individual Vessel Quotas and Increased Fishing Pressure on Unregulated Species
When individual vessel quotas are used in fisheries management, quotas are set species by species, in most cases. Often, it is only the most important of the target species that are regulated by quota. There is a growing concern that the introduction of individual vessel quotas leads to increased fishing pressure on unregulated species. To model the behavior of fishermen with this regulatory structure, a constrained profit function is used, where the quota species are treated as fixed, while the unregulated species are variable. An empirical analysis is provided for Norwegian purse seiners.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Lau, Lawrence J., 1976. "A characterization of the normalized restricted profit function," Journal of Economic Theory, Elsevier, vol. 12(1), pages 131-163, February.
- Quinn Weninger, 1998.
"Assessing Efficiency Gains from Individual Transferable Quotas: An Application to the Mid-Atlantic Surf Clam and Ocean Quahog Fishery,"
American Journal of Agricultural Economics,
Agricultural and Applied Economics Association, vol. 80(4), pages 750-764.
- Weninger, Quinn, 1998. "Assessing Efficiency Gains From Individual Transferable Quotas: An Application to the Mid-Atlantic Surf Clam and Ocean Quahog Fishery," Staff General Research Papers 5065, Iowa State University, Department of Economics.
- Moschini, GianCarlo, 1988. "Model of Production with Supply Management for the Canadian Agricultural Sector, A," Staff General Research Papers 11269, Iowa State University, Department of Economics.
- Trond Bjørndal & Daniel V. Gordon, 1993. "The Opportunity Cost of Capital and Optimal Vessel Size in the Norwegian Fishing Fleet," Land Economics, University of Wisconsin Press, vol. 69(1), pages 98-107.
- Fuss, Melvyn & McFadden, Daniel, 1978. "Production Economics: A Dual Approach to Theory and Applications (I): The Theory of Production," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, volume 1, number fuss1978.
When requesting a correction, please mention this item's handle: RePEc:uwp:landec:v:83:y:2007:i:1:p:41-49. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.