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IFQs and total factor productivity changes

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dc.contributor.author Solís, Daniel
dc.contributor.author Agar, Juan J.
dc.contributor.author Corral, Julio del
dc.date.accessioned 2016-04-07T09:28:06Z
dc.date.available 2016-04-07T09:28:06Z
dc.date.issued 2015
dc.identifier.citation Marine Policy62(2015)347–357 es_ES
dc.identifier.issn 0308-597X
dc.identifier.uri http://hdl.handle.net/10578/8678
dc.description.abstract This study investigates changes in the total factor productivity (TFP) and identifies the main sources of TFP growth following the adoption of an individual fishing quota (IFQ) program in the Gulf of Mexico red snapper commercial fishery. Utilizing an unbalanced panel of 722 vertical line vessels Malmquist indices were derived from an output-oriented stochastic distance frontier. The analysis shows that the IFQ program had a positive impact on the productivity of the fleet and that most of the productivity gains were due to improvements in technical efficiency. The study also finds that changes in technical efficiency were time variant suggesting that the exit of the less efficient vessels and easing of command and control regulations such as trip limits and short fishing seasons were responsible for most of these gains. Changes in the exploitable biomass of red snapper were found to have a moderate impact on productivity growth whereas the impact of technological progress was minimal es_ES
dc.format application/pdf es_ES
dc.language.iso en es_ES
dc.publisher Elsevier es_ES
dc.rights info:eu-repo/semantics/openAccess es_ES
dc.subject Productivity change es_ES
dc.subject Individual fishing quotas es_ES
dc.subject stochastic frontier distance function es_ES
dc.title IFQs and total factor productivity changes es_ES
dc.title.alternative The case of the Gulf of Mexico red snapper fishery es_ES
dc.type info:eu-repo/semantics/article es_ES
dc.identifier.DOI 10.1016/j.marpol.2015.06.001

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