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Renewable resource market responses under rights-based management: linkages in Gulf of Mexico fisheries

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  • Moor, Jordan
  • Asche, Frank
  • Ropicki, Andrew J.

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  • Moor, Jordan & Asche, Frank & Ropicki, Andrew J., 2023. "Renewable resource market responses under rights-based management: linkages in Gulf of Mexico fisheries," 2023 Annual Meeting, July 23-25, Washington D.C. 335749, Agricultural and Applied Economics Association.
  • Handle: RePEc:ags:aaea22:335749
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    File URL: https://ageconsearch.umn.edu/record/335749/files/25792.pdf
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    References listed on IDEAS

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    2. Robert W. Hahn, 1984. "Market Power and Transferable Property Rights," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 99(4), pages 753-765.
    3. Frank Asche & Daniel V. Gordon & Carsten L. Jensen, 2007. "Individual Vessel Quotas and Increased Fishing Pressure on Unregulated Species," Land Economics, University of Wisconsin Press, vol. 83(1), pages 41-49.
    4. Juselius, Katarina, 2006. "The Cointegrated VAR Model: Methodology and Applications," OUP Catalogue, Oxford University Press, number 9780199285679, Decembrie.
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    8. Andrew J. Ropicki & Sherry L. Larkin, 2014. "Social Network Analysis of Price Dispersion in Fishing Quota Lease Markets," Marine Resource Economics, University of Chicago Press, vol. 29(2), pages 157-176.
    9. Newell, Richard G. & Sanchirico, James N. & Kerr, Suzi, 2005. "Fishing quota markets," Journal of Environmental Economics and Management, Elsevier, vol. 49(3), pages 437-462, May.
    10. Anderson, Lee G., 1991. "A note on market power in ITQ fisheries," Journal of Environmental Economics and Management, Elsevier, vol. 21(3), pages 291-296, November.
    11. Richard G. Newell & Kerry L. Papps & James N. Sanchirico, 2007. "Asset Pricing in Created Markets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 89(2), pages 259-272.
    12. Asche, F. & Cojocaru, A.L. & Sikveland, M., 2018. "Market Shocks In Salmon Aquaculture: The Impact Of The Chilean Disease Crisis," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 50(2), pages 255-269, May.
    13. Søren Johansen, 2005. "Interpretation of Cointegrating Coefficients in the Cointegrated Vector Autoregressive Model," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 67(1), pages 93-104, February.
    14. Di Jin & Min-Yang Lee & Eric Thunberg, 2019. "An Empirical Analysis of Individual Fishing Quota Market Trading," Marine Resource Economics, University of Chicago Press, vol. 34(1), pages 39-57.
    15. Aaron Hatcher, 2014. "Implications of a Discard Ban in Multispecies Quota Fisheries," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 58(3), pages 463-472, July.
    16. Anna M. Birkenbach & Andreea L. Cojocaru & Frank Asche & Atle G. Guttormsen & Martin D. Smith, 2020. "Seasonal Harvest Patterns in Multispecies Fisheries," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 75(3), pages 631-655, March.
    17. Sam Cunningham & Lori S. Bennear & Martin D. Smith, 2016. "Spillovers in Regional Fisheries Management: Do Catch Shares Cause Leakage?," Land Economics, University of Wisconsin Press, vol. 92(2), pages 344-362.
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    19. Frank Asche & Atle G. Guttormsen & Tom Sebulonsen & Elin H. Sissener, 2005. "Competition between farmed and wild salmon: the Japanese salmon market," Agricultural Economics, International Association of Agricultural Economists, vol. 33(3), pages 333-340, November.
    20. Sanchirico, James & Newell, Richard & Papps, Kerry, 2005. "Asset Pricing in Created Markets for Fishing Quotas," RFF Working Paper Series dp-05-46, Resources for the Future.
    21. Shabbar Jaffry & Sean Pascoe & Catherine Robinson, 1999. "Long run price flexibilities for high valued UK fish species: a cointegration systems approach," Applied Economics, Taylor & Francis Journals, vol. 31(4), pages 473-481.
    22. Reimer, Matthew N. & Abbott, Joshua K. & Haynie, Alan C., 2022. "Structural behavioral models for rights-based fisheries," Resource and Energy Economics, Elsevier, vol. 68(C).
    23. Barten, A. P. & Bettendorf, L. J., 1989. "Price formation of fish : An application of an inverse demand system," European Economic Review, Elsevier, vol. 33(8), pages 1509-1525, October.
    24. Hatcher, Aaron, 2005. "Non-compliance and the quota price in an ITQ fishery," Journal of Environmental Economics and Management, Elsevier, vol. 49(3), pages 427-436, May.
    25. Anderson, James L. & Asche, Frank & Garlock, Taryn, 2018. "Globalization and commoditization: The transformation of the seafood market," Journal of Commodity Markets, Elsevier, vol. 12(C), pages 2-8.
    26. Johansen, Soren, 1991. "Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Models," Econometrica, Econometric Society, vol. 59(6), pages 1551-1580, November.
    27. Frank Asche & Helge Bremnes & Cathy R. Wessells, 1999. "Product Aggregation, Market Integration, and Relationships between Prices: An Application to World Salmon Markets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 81(3), pages 568-581.
    28. Anna M. Birkenbach & David J. Kaczan & Martin D. Smith, 2017. "Catch shares slow the race to fish," Nature, Nature, vol. 544(7649), pages 223-226, April.
    29. Squires, Dale & Kirkley, James, 1991. "Production quota in multiproduct pacific fisheries," Journal of Environmental Economics and Management, Elsevier, vol. 21(2), pages 109-126, September.
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    31. Newell, Richard G. & Papps, Kerry L. & Sanchirico, James N., 2007. "AJAE Appendix: Asset Pricing in Created Markets," American Journal of Agricultural Economics APPENDICES, Agricultural and Applied Economics Association, vol. 89(2), pages 1-4, May.
    32. Jamie Emerson, 2007. "Cointegration analysis and the choice of lag length," Applied Economics Letters, Taylor & Francis Journals, vol. 14(12), pages 881-885.
    33. Solís, Daniel & del Corral, Julio & Perruso, Larry & Agar, Juan J., 2014. "Evaluating the impact of individual fishing quotas (IFQs) on the technical efficiency and composition of the US Gulf of Mexico red snapper commercial fishing fleet," Food Policy, Elsevier, vol. 46(C), pages 74-83.
    34. Juan J. Agar & Jessica A. Stephen & Andy Strelcheck & Assane Diagne, 2014. "The Gulf of Mexico Red Snapper IFQ Program: The First Five Years," Marine Resource Economics, University of Chicago Press, vol. 29(2), pages 177-198.
    35. Misiolek, Walter S. & Elder, Harold W., 1989. "Exclusionary manipulation of markets for pollution rights," Journal of Environmental Economics and Management, Elsevier, vol. 16(2), pages 156-166, March.
    36. Homans, Frances R. & Wilen, James E., 2005. "Markets and rent dissipation in regulated open access fisheries," Journal of Environmental Economics and Management, Elsevier, vol. 49(2), pages 381-404, March.
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    Environmental Economics and Policy; Resource/Energy Economics and Policy; Agribusiness;
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