The Effects of ITQ Management on Fishermen’s Welfare When the Processing Sector is Imperfectly Competitive
- ASU Author/Contributor (non-ASU co-authors, if there are any, appear on document)
- Dave McEvoy Ph.D., Associate Professor (Creator)
- Institution
- Appalachian State University (ASU )
- Web Site: https://library.appstate.edu/
Abstract: In this paper we use a general model of imperfect competition to predict welfare changes within an open-access fishery after it transitions to individual transferable quota (¡TQ) management. Although related research has explored the effects of market power in the harvesting sector on ÍTQ performance, none has considered the implications of an imperfectly competitive processing sector. Addressing this question, we find that although fishermen should expect to gain from ITQs under perfect competition, they may suffer welfare losses if the processing sector is imperfectly competitive.
The Effects of ITQ Management on Fishermen’s Welfare When the Processing Sector is Imperfectly Competitive
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Additional Information
- Publication
- McEvoy, David, Sylvia Brandt, Nathalie Lavoie and Sven Anders. (2009). The Effects of ITQ Management on Fishermen's Welfare in the Presence of an Imperfectly Competitive Processing Sector. Land Economics, 85(3): 470-484. Published by University of Wisconsin Press www.uwpress.wisc.edu (ISSN: 0023-7639)
- Language: English
- Date: 2009