The NOAA IR serves as an archival repository of NOAA-published products including scientific findings, journal articles, guidelines, recommendations, or other information authored or co-authored by NOAA or funded partners.
As a repository, the NOAA IR retains documents in their original published format to ensure public access to scientific information.
i
Food and fraud: On the Codfather and harvest mislabeling
-
2024
-
-
Source: The RAND Journal of Economics, 55: 463-498
[PDF-2.18 MB]
Details:
-
Journal Title:The RAND Journal of Economics
-
Personal Author:
-
NOAA Program & Office:
-
Description:We study incentives to mislabel output in multispecies fisheries managed by tradeable catch shares. Firms can save quota costs by misreporting species harvested, as seen in criminal proceedings against the Codfather. We show that price elasticities for the abundant species reported in the cheating will be higher for compliant than non-compliant firms. Using data from the New England groundfish fishery, we test this prediction using a latent class hedonic price equation to identify compliant versus non-compliant firms. We then estimate multi-output technologies for compliant and noncompliant firms to identify differences in substitution possibilities. Our empirical results align with theoretical expectations and are robust to placebo tests.
-
Keywords:
-
Source:The RAND Journal of Economics, 55: 463-498
-
DOI:
-
Format:
-
Document Type:
-
Place as Subject:
-
Rights Information:Accepted Manuscript
-
Compliance:Submitted
-
Main Document Checksum:
-
Download URL:
-
File Type:
