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Network analysis of a rock lobster quota lease market

Identifieur interne : 002048 ( PascalFrancis/Corpus ); précédent : 002047; suivant : 002049

Network analysis of a rock lobster quota lease market

Auteurs : Ingrid Van Putten ; Katell G. Hamon ; Caleb Gardner

Source :

RBID : Pascal:11-0080158

Descripteurs français

English descriptors

Abstract

Individual Transferable Quota (ITQ) management systems are typically introduced to promote better capital utilisation by the fishing fleet and other efficiency gains. ITQ management was introduced in the Tasmanian rock lobster industry in 1998 and led to a range of economic, social and cultural changes including an increasing proportion of the catch taken by fishers dependent on quota leasing. Quota owners who lease out their entire quota increasingly dominated ownership of the fishery. Temporal changes in lease quota trade networks and network characteristics were analysed, which showed that the lease quota trade network has become more integrated and the influence of personal connections less important. Change in the network structure of the market indicated that a smaller number of quota owners have become increasingly dominant in this market although there was no evidence that this had an effect on quota lease prices. Processors also participated in the lease quota market and influenced interactions and dependencies. In other jurisdictions processor relationships have been found to affect lease quota price developments. However, disproportionate quota ownership by processors and market manipulation did not occur here. This was due to a successful input control where quota ownership by one legal entity was capped. Because market control cannot be gained through investment in quota, another logical way of gaining it would be for processors to operate as pseudo brokers and distribute lease quota for quota owners. Although processors in Tasmania operate as pseudo brokers, the absence of structural changes in the processor market indicated that this produced no change in market power or quota owner loyalties.

Notice en format standard (ISO 2709)

Pour connaître la documentation sur le format Inist Standard.

pA  
A01 01  1    @0 0165-7836
A02 01      @0 FISRDJ
A03   1    @0 Fish. res.
A05       @2 107
A06       @2 1-3
A08 01  1  ENG  @1 Network analysis of a rock lobster quota lease market
A11 01  1    @1 VAN PUTTEN (Ingrid)
A11 02  1    @1 HAMON (Katell G.)
A11 03  1    @1 GARDNER (Caleb)
A14 01      @1 CSIRO Marine and Atmospheric Research, CMAR, GPO Box 1538 @2 Hobart, Tasmania 7001 @3 AUS @Z 1 aut. @Z 2 aut.
A14 02      @1 Tasmanian Aquaculture and Fisheries Institute, University of Tasmania, Private Bag 49 @2 Tasmania 7001 @3 AUS @Z 2 aut. @Z 3 aut.
A14 03      @1 IFREMER, UMR AMURE, Département d'économie maritime, BP 70 @2 29280 Plouzané @3 FRA @Z 2 aut.
A14 04      @1 Université Européenne de Bretagne, Université de Brest, UMR AMURE, IUEM, 12 rue de Kergoat, CS 93837 @2 29238 Brest @3 FRA @Z 2 aut.
A20       @1 122-130
A21       @1 2011
A23 01      @0 ENG
A43 01      @1 INIST @2 19360 @5 354000194577700130
A44       @0 0000 @1 © 2011 INIST-CNRS. All rights reserved.
A45       @0 3/4 p.
A47 01  1    @0 11-0080158
A60       @1 P
A61       @0 A
A64 01  1    @0 Fisheries research
A66 01      @0 NLD
C01 01    ENG  @0 Individual Transferable Quota (ITQ) management systems are typically introduced to promote better capital utilisation by the fishing fleet and other efficiency gains. ITQ management was introduced in the Tasmanian rock lobster industry in 1998 and led to a range of economic, social and cultural changes including an increasing proportion of the catch taken by fishers dependent on quota leasing. Quota owners who lease out their entire quota increasingly dominated ownership of the fishery. Temporal changes in lease quota trade networks and network characteristics were analysed, which showed that the lease quota trade network has become more integrated and the influence of personal connections less important. Change in the network structure of the market indicated that a smaller number of quota owners have become increasingly dominant in this market although there was no evidence that this had an effect on quota lease prices. Processors also participated in the lease quota market and influenced interactions and dependencies. In other jurisdictions processor relationships have been found to affect lease quota price developments. However, disproportionate quota ownership by processors and market manipulation did not occur here. This was due to a successful input control where quota ownership by one legal entity was capped. Because market control cannot be gained through investment in quota, another logical way of gaining it would be for processors to operate as pseudo brokers and distribute lease quota for quota owners. Although processors in Tasmania operate as pseudo brokers, the absence of structural changes in the processor market indicated that this produced no change in market power or quota owner loyalties.
C02 01  X    @0 002A14D03
C02 02  X    @0 002A12H
C03 01  X  FRE  @0 Langouste @5 01
C03 01  X  ENG  @0 Spiny lobster @5 01
C03 01  X  SPA  @0 Langosta @5 01
C03 02  X  FRE  @0 Quota @5 02
C03 02  X  ENG  @0 Quota @5 02
C03 03  X  FRE  @0 Marché @5 03
C03 03  X  ENG  @0 Markets @5 03
C03 03  X  SPA  @0 Mercado @5 03
C03 04  X  FRE  @0 Pêcherie @5 04
C03 04  X  ENG  @0 Fishery @5 04
C03 04  X  SPA  @0 Pesquería @5 04
C03 05  X  FRE  @0 Jasus @4 INC @5 64
C07 01  X  FRE  @0 Macrura @2 NS
C07 01  X  ENG  @0 Macrura @2 NS
C07 01  X  SPA  @0 Macrura @2 NS
C07 02  X  FRE  @0 Decapoda @2 NS
C07 02  X  ENG  @0 Decapoda @2 NS
C07 02  X  SPA  @0 Decapoda @2 NS
C07 03  X  FRE  @0 Crustacea @2 NS
C07 03  X  ENG  @0 Crustacea @2 NS
C07 03  X  SPA  @0 Crustacea @2 NS
C07 04  X  FRE  @0 Arthropoda @2 NS
C07 04  X  ENG  @0 Arthropoda @2 NS
C07 04  X  SPA  @0 Arthropoda @2 NS
C07 05  X  FRE  @0 Invertebrata @2 NS
C07 05  X  ENG  @0 Invertebrata @2 NS
C07 05  X  SPA  @0 Invertebrata @2 NS
N21       @1 052
N44 01      @1 OTO
N82       @1 OTO

Format Inist (serveur)

NO : PASCAL 11-0080158 INIST
ET : Network analysis of a rock lobster quota lease market
AU : VAN PUTTEN (Ingrid); HAMON (Katell G.); GARDNER (Caleb)
AF : CSIRO Marine and Atmospheric Research, CMAR, GPO Box 1538/Hobart, Tasmania 7001/Australie (1 aut., 2 aut.); Tasmanian Aquaculture and Fisheries Institute, University of Tasmania, Private Bag 49/Tasmania 7001/Australie (2 aut., 3 aut.); IFREMER, UMR AMURE, Département d'économie maritime, BP 70/29280 Plouzané/France (2 aut.); Université Européenne de Bretagne, Université de Brest, UMR AMURE, IUEM, 12 rue de Kergoat, CS 93837/29238 Brest/France (2 aut.)
DT : Publication en série; Niveau analytique
SO : Fisheries research; ISSN 0165-7836; Coden FISRDJ; Pays-Bas; Da. 2011; Vol. 107; No. 1-3; Pp. 122-130; Bibl. 3/4 p.
LA : Anglais
EA : Individual Transferable Quota (ITQ) management systems are typically introduced to promote better capital utilisation by the fishing fleet and other efficiency gains. ITQ management was introduced in the Tasmanian rock lobster industry in 1998 and led to a range of economic, social and cultural changes including an increasing proportion of the catch taken by fishers dependent on quota leasing. Quota owners who lease out their entire quota increasingly dominated ownership of the fishery. Temporal changes in lease quota trade networks and network characteristics were analysed, which showed that the lease quota trade network has become more integrated and the influence of personal connections less important. Change in the network structure of the market indicated that a smaller number of quota owners have become increasingly dominant in this market although there was no evidence that this had an effect on quota lease prices. Processors also participated in the lease quota market and influenced interactions and dependencies. In other jurisdictions processor relationships have been found to affect lease quota price developments. However, disproportionate quota ownership by processors and market manipulation did not occur here. This was due to a successful input control where quota ownership by one legal entity was capped. Because market control cannot be gained through investment in quota, another logical way of gaining it would be for processors to operate as pseudo brokers and distribute lease quota for quota owners. Although processors in Tasmania operate as pseudo brokers, the absence of structural changes in the processor market indicated that this produced no change in market power or quota owner loyalties.
CC : 002A14D03; 002A12H
FD : Langouste; Quota; Marché; Pêcherie; Jasus
FG : Macrura; Decapoda; Crustacea; Arthropoda; Invertebrata
ED : Spiny lobster; Quota; Markets; Fishery
EG : Macrura; Decapoda; Crustacea; Arthropoda; Invertebrata
SD : Langosta; Mercado; Pesquería
LO : INIST-19360.354000194577700130
ID : 11-0080158

Links to Exploration step

Pascal:11-0080158

Le document en format XML

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<div type="abstract" xml:lang="en">Individual Transferable Quota (ITQ) management systems are typically introduced to promote better capital utilisation by the fishing fleet and other efficiency gains. ITQ management was introduced in the Tasmanian rock lobster industry in 1998 and led to a range of economic, social and cultural changes including an increasing proportion of the catch taken by fishers dependent on quota leasing. Quota owners who lease out their entire quota increasingly dominated ownership of the fishery. Temporal changes in lease quota trade networks and network characteristics were analysed, which showed that the lease quota trade network has become more integrated and the influence of personal connections less important. Change in the network structure of the market indicated that a smaller number of quota owners have become increasingly dominant in this market although there was no evidence that this had an effect on quota lease prices. Processors also participated in the lease quota market and influenced interactions and dependencies. In other jurisdictions processor relationships have been found to affect lease quota price developments. However, disproportionate quota ownership by processors and market manipulation did not occur here. This was due to a successful input control where quota ownership by one legal entity was capped. Because market control cannot be gained through investment in quota, another logical way of gaining it would be for processors to operate as pseudo brokers and distribute lease quota for quota owners. Although processors in Tasmania operate as pseudo brokers, the absence of structural changes in the processor market indicated that this produced no change in market power or quota owner loyalties.</div>
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<s0>Individual Transferable Quota (ITQ) management systems are typically introduced to promote better capital utilisation by the fishing fleet and other efficiency gains. ITQ management was introduced in the Tasmanian rock lobster industry in 1998 and led to a range of economic, social and cultural changes including an increasing proportion of the catch taken by fishers dependent on quota leasing. Quota owners who lease out their entire quota increasingly dominated ownership of the fishery. Temporal changes in lease quota trade networks and network characteristics were analysed, which showed that the lease quota trade network has become more integrated and the influence of personal connections less important. Change in the network structure of the market indicated that a smaller number of quota owners have become increasingly dominant in this market although there was no evidence that this had an effect on quota lease prices. Processors also participated in the lease quota market and influenced interactions and dependencies. In other jurisdictions processor relationships have been found to affect lease quota price developments. However, disproportionate quota ownership by processors and market manipulation did not occur here. This was due to a successful input control where quota ownership by one legal entity was capped. Because market control cannot be gained through investment in quota, another logical way of gaining it would be for processors to operate as pseudo brokers and distribute lease quota for quota owners. Although processors in Tasmania operate as pseudo brokers, the absence of structural changes in the processor market indicated that this produced no change in market power or quota owner loyalties.</s0>
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<s2>NS</s2>
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<fC07 i1="04" i2="X" l="FRE">
<s0>Arthropoda</s0>
<s2>NS</s2>
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<fC07 i1="04" i2="X" l="ENG">
<s0>Arthropoda</s0>
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<NO>PASCAL 11-0080158 INIST</NO>
<ET>Network analysis of a rock lobster quota lease market</ET>
<AU>VAN PUTTEN (Ingrid); HAMON (Katell G.); GARDNER (Caleb)</AU>
<AF>CSIRO Marine and Atmospheric Research, CMAR, GPO Box 1538/Hobart, Tasmania 7001/Australie (1 aut., 2 aut.); Tasmanian Aquaculture and Fisheries Institute, University of Tasmania, Private Bag 49/Tasmania 7001/Australie (2 aut., 3 aut.); IFREMER, UMR AMURE, Département d'économie maritime, BP 70/29280 Plouzané/France (2 aut.); Université Européenne de Bretagne, Université de Brest, UMR AMURE, IUEM, 12 rue de Kergoat, CS 93837/29238 Brest/France (2 aut.)</AF>
<DT>Publication en série; Niveau analytique</DT>
<SO>Fisheries research; ISSN 0165-7836; Coden FISRDJ; Pays-Bas; Da. 2011; Vol. 107; No. 1-3; Pp. 122-130; Bibl. 3/4 p.</SO>
<LA>Anglais</LA>
<EA>Individual Transferable Quota (ITQ) management systems are typically introduced to promote better capital utilisation by the fishing fleet and other efficiency gains. ITQ management was introduced in the Tasmanian rock lobster industry in 1998 and led to a range of economic, social and cultural changes including an increasing proportion of the catch taken by fishers dependent on quota leasing. Quota owners who lease out their entire quota increasingly dominated ownership of the fishery. Temporal changes in lease quota trade networks and network characteristics were analysed, which showed that the lease quota trade network has become more integrated and the influence of personal connections less important. Change in the network structure of the market indicated that a smaller number of quota owners have become increasingly dominant in this market although there was no evidence that this had an effect on quota lease prices. Processors also participated in the lease quota market and influenced interactions and dependencies. In other jurisdictions processor relationships have been found to affect lease quota price developments. However, disproportionate quota ownership by processors and market manipulation did not occur here. This was due to a successful input control where quota ownership by one legal entity was capped. Because market control cannot be gained through investment in quota, another logical way of gaining it would be for processors to operate as pseudo brokers and distribute lease quota for quota owners. Although processors in Tasmania operate as pseudo brokers, the absence of structural changes in the processor market indicated that this produced no change in market power or quota owner loyalties.</EA>
<CC>002A14D03; 002A12H</CC>
<FD>Langouste; Quota; Marché; Pêcherie; Jasus</FD>
<FG>Macrura; Decapoda; Crustacea; Arthropoda; Invertebrata</FG>
<ED>Spiny lobster; Quota; Markets; Fishery</ED>
<EG>Macrura; Decapoda; Crustacea; Arthropoda; Invertebrata</EG>
<SD>Langosta; Mercado; Pesquería</SD>
<LO>INIST-19360.354000194577700130</LO>
<ID>11-0080158</ID>
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