Quarterly ITQ data - Motu Economic and Public Policy Research

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Notes
Quarterly ITQ data
rffnzitqdata030515
New Zealand Fisheries Management
ITQ database

This dataset contains quarterly information on fisheries catch volume, lease price, quota price, and export price
for all the fishstocks in the quota management system as of 1998.
New Zealand's Exclusive Economic Zone

James Sanchirico
UC Davis - Professor of Economics, Resources for the Future - Nonresident Fellow

jsanchirico@ucdavis.edu

Suzi Kerr
suzi.kerr@motu.org.nz

1986
2000
quarterly

Flat file
Stata dta file

The sole purpose of this documentation and the accompanying dataset is for the Ministry of Fisheries for
archiving. It is not to be disseminated in any other way without consulting with Resources for the Future first.


8460
56

Richard G. Newell
newell@rff.org

Stata



Based on monthly and transaction level fisheries data. 1606-QMR.xls, Motu-FuelPrice.xls, old fish
indexes_Motu.xls (or: PPI old fish indexes.xls), PPI.xls, 5716-leases-1.xls:5716-leases-4.xls,5710-trades.xls,
Clements & Associatates. 1998. New Zealand Commercial Fisheries: The Atlas of Area Codes and TACCs,
qgdp_fishing.xls, mer.xls, 5716-leases-1.xls:5716-leases-4.xls, 5710-trades.xls, ppi.xls, TACC v Catches -
original.xls, 283-all-87.xls:283-all-99.xls, 283-cra-87.xls:283-cra-99.xls, 5916-qh-280987.xls:5916-qh-280301.xls

Please cite the following when referencing the data "Newell, Richard G, James N. Sanchirico, and Suzi Kerr.
2005. Fishing Quota Markets. Journal of Environmental Economics and Management 49:437-462" as well as the
particular variable source when using any variables from the data.
This data has been compiled with the intention of being used for research purposes. If you are intending to use
any for commercial purposes, you will need to contact the original source(s) of the data. While we have
endeavored to ensure the accuracy of the data and documentation, neither Motu nor the original source(s) accept
liability for any errors or omissions.
All weights referred to in this document are in metric tons (tonnes)
Quarterly ITQ data                                                                                                                                                                                                                             Name of File: rffmzitqdata030515.dta
                                                                                                              Variable                                                                                                                                                                                                                        Source                                                                                                                                                                Contents                                                          Access
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Studies using the variable                                                                                                       Notes
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               missing                                        confidentiality
name                 label                                                                         description                                                                                                                                 Organisation                                                                   raw data file                               inputs                  method                                                      type           values                     value labels                             imputation last updated
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               data code                                      constraints
catch                Annual Catch (ton/year)                                                       Total actual annual catch for each stock each year (tonne/year)                                                                             New Zealand Ministry of Fisheries                                              1606-QMR.xls                                -                       -                                                           float          0 to 268633                -                      "."               -             May 15 2003    Restricted              Newell, Richard G, James N.
cindex               Fishing Input Cost Index (1986=1)                                             Index of New Zealand fishing costs over time constructed using labour and material costs.                                                   Statistics New Zealand; MED                                                                                                                        The rates of change (source: MED); labour cost
                                                                                                                                                                                                                                                                                                                                                                          material costs; fish indexes.xls), PPI.xls                                          float                                     -
                                                                                                                                                                                                                                                                                                                                                                                                                                                                             .7885587811470032 to 1.003726124763489            "."                             May 15 2003    Restricted              Newell, Richard G, James fishing industry contacts.)
                                                                                                                                                                                                                                                                                                                              Motu-FuelPrice.xls, old fish indexes_Motu.xls (or: PPI old retail price for regular petrol in real (PPI-deflated) labour and material (including fuel) costs for fishing, weighted by their shares in total variable costs (25% labor and 75% materials (including fuel),according to New ZealandN.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  -                                                                                     An index of New Zealand fishing costs over time using the rates of change in real (PPI-deflated) labor and material (including fuel) costs for fishing; weighted by their shares in total
fishstoc             Fish Stock Acronym                                                            Acronyms for fish stocks, which are subsets of species based on species within discrete geographic habitats.                                New Zealand Ministry of Fisheries                                                                                          -
                                                                                                                                                                                                                                                                                                                              1606-QMR.xls, 5716-leases-1.xls:5716-leases-4.xls,5710-trades.xls   -                                                           str5           string                     -                      "."                -            May 15 2003    Public                  Newell, Richard G, James N.       These 4-digit codes are the same as the Fishstock codes that are used when filling out Quota Management Reports. The first three letters are the species code (can be identified in the
fishyear             Fishing Year                                                                  Fish year                                                                                                                                   Clements & Associatates                                                                                                    -                       -
                                                                                                                                                                                                                                                                                                                              Clements & Associates. 1998. New Zealand Commercial Fisheries: The Atlas of Area Codes and TACCs.                               int            8687 to 10002              -                      "."                -            May 15 2003    Publlic                 Newell, Richard G, James N.       Fishing year generally begins on the 1st of October and finishes on the 30th of September. Rock lobster (CRA) and Packhorse rock lobster (PHC) fishing year begins on April 1st.
fq1                  Season Dummy: Fishing Quarter 1                                               Dummy for first quarter of fishing year                                                                                                     Clements & Associatates                                                                                                    -                       -
                                                                                                                                                                                                                                                                                                                              Clements & Associates. 1998. New Zealand Commercial Fisheries: The Atlas of Area Codes and TACCs.                               byte           0 to 1                     -                      "."               -             May 15 2003    Public                  Newell, Richard G, James N.       Fishing year generally begins on the 1st of October and finishes on the 30th of September. Rock lobster (CRA) and Packhorse rock lobster (PHC) fishing year begins on April 1st.
fq2                  Season Dummy: Fishing Quarter 2                                               Dummy for second quarter of fishing year                                                                                                    Clements & Associatates                                                                                                    -                       -
                                                                                                                                                                                                                                                                                                                              Clements & Associates. 1998. New Zealand Commercial Fisheries: The Atlas of Area Codes and TACCs.                               byte           0 to 1                     -                      "."               -             May 15 2003    Public                  Newell, Richard G, James N.       Fishing year generally begins on the 1st of October and finishes on the 30th of September. Rock lobster (CRA) and Packhorse rock lobster (PHC) fishing year begins on April 1st.
fq3                  Season Dummy: Fishing Quarter 3                                               Dummy for third quarter of fishing year                                                                                                     Clements & Associatates                                                                                                    -                       -
                                                                                                                                                                                                                                                                                                                              Clements & Associates. 1998. New Zealand Commercial Fisheries: The Atlas of Area Codes and TACCs.                               byte           0 to 1                     -                      "."               -             May 15 2003    Public                  Newell, Richard G, James N.       Fishing year generally begins on the 1st of October and finishes on the 30th of September. Rock lobster (CRA) and Packhorse rock lobster (PHC) fishing year begins on April 1st.
fq4                  Season Dummy: Fishing Quarter 4                                               Dummy for fourth quarter of fishing year                                                                                                    Clements & Associatates                                                                                                    -                       -
                                                                                                                                                                                                                                                                                                                              Clements & Associates. 1998. New Zealand Commercial Fisheries: The Atlas of Area Codes and TACCs.                               byte           0 to 1                     -                      "."               -             May 15 2003    Public                  Newell, Richard G, James N.       Fishing year generally begins on the 1st of October and finishes on the 30th of September. Rock lobster (CRA) and Packhorse rock lobster (PHC) fishing year begins on April 1st.
gdp                  Real Rate NZ GDP Growth                                                       GDP growth adjusted using the New Zealand CPI                                                                                               Statistics New Zealand                                                         qgdp_fishing.xls                            -                       -                                                           float           -.02302 to .07078         -                      "."               -             May 15 2003    Public                  Newell, Richard G, James N.
lnc                  Ln Fishing Input Cost Index (19XX=0)                                          Log of Fishing cost index                                                                                                                   Statistics New Zealand; MED                                                                                                                        log(cindex)
                                                                                                                                                                                                                                                                                                                              Motu-FuelPrice.xls, old fish indexes_Motu.xls (or: PPI old fish indexes.xls), PPI.xls
                                                                                                                                                                                                                                                                                                                                                                          cindex                                                                              float           -.2375 to .0037           -                      "."                -            May 15 2003    Restricted              Newell, Richard G, James N.
lnqexprice           Ln Normalized Quart Avg Export Price                                          Log of Quarterly export price; 2000NZ$/tonne                                                                                                Statistics New Zealand, Clements & Associates 1997, 1998                       mer.xls                                     qexprice                log(exprice)                                                float           -3.3042 to 1.9602         -                      "."               -             May 15 2003    Public                  Newell, Richard G, James N.
lnqexprice2          lnqexprice squared                                                            Square of Quarterly export price; 2000NZ$/tonne                                                                                             Statistics New Zealand, Clements & Associates 1997, 1998                       mer.xls                                     qexprice                Squared qexprice                                            float          .0000268465009867 to 10.91779041290283
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        -                      "."               -             May 15 2003    Public                  Newell, Richard G, James N.
lnqexpricepcat       Interaction lnqexprice*pcat                                                   Log export price times normalized fraction of previous years tacc that was actually caught.                                                 New Zealand Ministry of Fisheries, Statistics New Zealand, Clements & Associates 1997, 1998
                                                                                                                                                                                                                                                                                                                              mer.xls                                     lnexprice pcat          lnexport price * pcat                                       float           -1.9900to 7.8909          -                      "."                -            May 15 2003    Restricted              Newell, Richard G, James N.
lnqlprice            Ln Quart Avg. Lease Price                                                     Logged Quarterly average quota lease price; 2000NZ$/tonne.                                                                                  New Zealand Ministry of Fisheries                                              5716-leases-1.xls:5716-leases-4.xls         qlprice                 log(qlprice)                                                float          .3959390819072723 to 10.68425559997559
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        -                      "."               -             May 15 2003    Restricted              Newell, Richard G, James N.
lnqtprice            Ln Quart Avg Sale Price                                                       Logged Quarterly average quota sales price; 2000NZ$/tonne                                                                                   New Zealand Ministry of Fisheries                                              5710-trades.xls                             qtprice                 log(qtprice)                                                float          3.092989206314087 to 12.7899227142334
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        -                      "."               -             May 15 2003    Restricted              Newell, Richard G, James N.
lnsoi                Ln Absolute Value of Southern Oscillation Index                               A measure of climate variation.                                                                                                             Australian Bureau of Meteorology                                                                                           SOI                     log(abs(SOI)).                                              float          .368860125541687 to 3.153938293457031
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        -                      "."               -             May 15 2003    Public                  Newell, Richard G, James N.
mortality            Annual Mortality Rate                                                         Annual mortality rate by species                                                                                                            Froese and Pauly (2000) and Annala et. al.(2000)                                                                           -                       -                                                           float          .0500000007450581 to 1 -                          "."                -            May 15 2003    Public                  Newell, Richard G, James N.       Species mortality data are from a compilation by Froese and Pauly (2000) and Annala et. al.(2000)
norec                Dummy Indicating Stock DID NOT Face Significant Reductions                    This dummy indicates stocks that did not face reductions of 15% or more from the prior 3 years of historic catch and are not identified as recovering in the literature
                                                                                                                                                                                                                                               New Zealand Ministry of Fisheries, Annala 2000; Major 1999                     1606-QMR.xls                                catch                   1-recover                                                   float          0 to 1                                            "."                -            May 15 2003    Public                  Newell, Richard G, James N.
norect               Interaction t*norec                                                           Number of years since Jan-Mar qt 1986* dummy for fishstocks that did not face significant initial catch reductions                          New Zealand Ministry of Fisheries, Annala 2000; Major 1999                     1606-QMR.xls                                t, norec                norec*t                                                     byte           0 to 14                    -                      "."               -             May 15 2003    Public                  Newell, Richard G, James N.
nqexprice            Normalized Quart Avg Export Price (equals 1 at its mean)                      Normalised quarterly export price; 2000NZ$/tonne. 1986-1999                                                                                 Statistics New Zealand                                                         mer.xls                                     qexprice                qexprice - 1                                                float          .0367282852530479 to 7.100744247436523
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        -                      "."               -             May 15 2003    Public                  Newell, Richard G, James N.
offshore             Dummy Indicating Offshore Species                                             Dummy for offshore species                                                                                                                  Resources for the Future                                                       -                                           -                       -                                                           byte           0 to 1                                            "."
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        -not offshore species=0 offshore species=1             May 15 2003    Public                  Newell, Richard G, James N.
pcat                 Normalized Previous Year Percent Caught of TAC (pcat=percatch-1)              Normalized Fraction of previous years tacc that was actually caught                                                                         New Zealand Ministry of Fisheries                                              1606-QMR.xls                                percatch                percatch - 1                                                float          -1 to 4.090909004211426-                          "."                -            May 15 2003    Restricted              Newell, Richard G, James N.
pcat2                pcat squared                                                                  Squared and Normalized Fraction of previous years tacc that was actually caught                                                             New Zealand Ministry of Fisheries                                              1606-QMR.xls                                pcat                    pcat*pcat                                                   float          0 to 16.73553657531738 -                          "."                -            May 15 2003    Restricted              Newell, Richard G, James N.
percatch             Previous Year Percent Caught of TAC                                           Total actual annual catch for each stock each year (tonne/year)                                                                             New Zealand Ministry of Fisheries                                              1606-QMR.xls                                catch tacc              catch/tacc                                                  float          0 to 5.090909004211426 -                          "."               -             May 15 2003    Restricted              Newell, Richard G, James N.
ppi                  New Zealand Producer Price Index                                              New Zealand Producer Price Index                                                                                                            Statistics New Zealand                                                         ppi.xls                                     -                       -                                                           float          672.3333129882813 to 1089.666625976563
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        -                      "."               -             May 15 2003    Public                  Newell, Richard G, James N.
qexprice             Quart Avg Export Price (2000NZ$/ton)                                          Quarterly export price; 2000NZ$/tonne                                                                                                       Statistics New Zealand, Clements & Associates 1997, 1998                       1989 - 1998 mer.xls                         totfob totgwt                                                                                                                                        "."
                                                                                                                                                                                                                                                                                                                                                                                                  Adjusted the free on board revenue for each species for inflation, divided it by the greenweight tonnage of product to give quarterly export price. The greenweight tonnage was computed by multiplying the export James N.
                                                                                                                                                                                                                                                                                                                                                                                                                                                              float          311.7062377929688 to 60262.71875
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        -                                        -             May 15 2003    Public                  Newell, Richard G, tonnages-by product type (e.g. whole, fillets, lobster tails) - by official Ministry of Fisheries conversion factors (Clements & Associates 1997, 1998), and then summing these for each species.
qlprice              Quart Avg. Lease Price (2000NZ$/ton)                                          Quarterly average quota lease price; 2000NZ$/tonne.                                                                                         New Zealand Ministry of Fisheries                                              5716-leases-1.xls:5716-leases-4.xls         lprice                                                                              float
                                                                                                                                                                                                                                                                                                                                                                                                  Adjust lprice for inflation using PPI; then averaged lprice (transactions data) quarterly.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                             1.48577880859375 to 43662.95703125
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        -                      "."               -             May 15 2003    Restricted              Newell, Richard G, James N.       Based on averages from the transactions dataset; which contains the price per ton of quotas leased; the relevant fish stock; and the transaction date. Pices were available for 151,835
qnumleas             Number of Lease Prices in Quart Avg                                           no. of lease prices in quarterly average                                                                                                    New Zealand Ministry of Fisheries                                              5716-leases-1.xls:5716-leases-4.xls         -                       -                                                           int            0 to 194                   -                      "."                -            May 15 2003    Restricted              Newell, Richard G, James N.
qnumsale             Number of Sale Prices in Quart Avg                                            no. of sales prices in quarterly average                                                                                                    New Zealand Ministry of Fisheries                                              5710-trades.xls                             -                       -                                                           byte           0 to 75                    -                      "."                -            May 15 2003    Restricted              Newell, Richard G, James N.
qt                   Time in quarters (Jan-Mar 1986=1) for STATA Time-Series                       Time variable for timeseries analysis, and is equal to the number of quarters since Jan-Mar 1986+104.                                       Resources for the Future                                                       -                                           -                       -                                                           int            104 to 163                 -                      "."                -            May 15 2003    Public                  Newell, Richard G, James N.       Fishing year generally begins on the 1st of October and finishes on the 30th of September. Rock lobster (CRA) and Packhorse rock lobster (PHC) fishing year begins on April 1st.
qtprice              Quart Avg Sale Price (2000NZ$/ton)                                            Quarterly average quota sales price; 2000NZ$/tonne.                                                                                         New Zealand Ministry of Fisheries                                              5710-trades.xls                             tprice                  Adjust inflation using PPI; then averaged transactions data quarterly. 22.04286766052246 to 358585.78125
                                                                                                                                                                                                                                                                                                                                                                                                                                                              float                                     -                      "."               -             May 15 2003    Restricted              Newell, Richard G, James N.       Based on averages from the transactions dataset; which contains the price per ton of quotas sold; the relevant fish stock; and the transaction date. Prices were available for 25,210 sales.
recover              Dummy Indicating Stock Faced Significant Reductions                           This dummy indicates stocks that had reductions of 15% or more from the prior 3 years of historic catch, as well as the stocks identified as recovering in the literature (or from TACC)
                                                                                                                                                                                                                                               New Zealand Ministry of Fisheries                                              1606-QMR.xls                                catch                                                                                                                                                "."
                                                                                                                                                                                                                                                                                                                                                                                                  1 if reductions of 15% or more from the prior 3 years of historic catch (also based on literature) -not recovering=0 recovering=1
                                                                                                                                                                                                                                                                                                                                                                                                                                                              byte           0 to 1                                                              -             May 15 2003    Public                  Newell, Richard G, James N.       We classified fish stocks as to whether they faced significant initial catch reductions under ITQs by using historical information on catch rates; TAC levels; and references in the
rect                 Interaction t*recover                                                         Number of years since Jan-Mar qt 1986* dummy for fishstocks that faced significant initial catch reductions                                 New Zealand Ministry of Fisheries                                              1606-QMR.xls                                recover, t              recovering stocks * t                                       byte           0 to 14                    -                      "."               -             May 15 2003    Public                  Newell, Richard G, James N.
region               ITQ Region                                                                    Indicates quota management regions of New Zealand's Exclusive Economic Zone. See Clements & Associates for map.                             New Zealand Ministry of Fisheries                                              -                                           -                       -                                                           str1           1 to 8                     -                      "."                -            May 15 2003    Public                  Newell, Richard G, James N.
shell                Dummy Indicating Shellfish Species                                            Dummy indicating shellfish - These are CRA (rock lobster), PHC (packhorse rock lobster), PAU (paua), SCA (scampi)                           New Zealand Ministry of Fisheries                                              -                                           -                       -                                                           byte           0 to 1                                            "."
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        -not shellfish species=0 shellfish species=1
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 -             May 15 2003    Public                  Newell, Richard G, James N.       Note that OYS (oyster) has been dropped from the dataset as there was no export data for the species.
SOI                  Southern Oscillation Index                                                    Monthly Southern Oscillation index, a measure of climate variation.                                                                         Australian Bureau of Meteorology                                                                                           -                       -                                                           float           -23.73 to 15.47           -                      "."               -             May 15 2003    Public                  Newell, Richard G, James N.       Sustained negative values of the SOI often indicate El Nino episodes. In El Nino years; New Zealand tends to experience stronger or more frequent winds from the west in summer;
species              Species Acronym                                                               Acronyms for each species.                                                                                                                  New Zealand Ministry of Fisheries                                              -                                           -                       -                                                           str3                                      -                      "."                             May Rock lobster ; ELE = Elephant fish ; FLA =Richard G, James Grey mullet ; GUR = and STA are not included in ; HOK = Hoki ; no export price data Bass ; JDO = John Dory ; speciesJackincluded. ; LIN = Ling ; MOK = Blue moki ; OEO = Oreo ; ORH = Orange roughy ; OYS = Oyster ; PAU = Paua (abalone) ; PHC = Packhorse rock lobster ; RCO = Red cod ; SCA = Scallop ; SCH = School shark ; SKI = Gemfish ; SNA = Snapper ; SPO = Rig ; SQU = Squid ; STA = Stargazer ; SWA = Silver warehou ; TAR = Tarakihi ; TRE = Trevally ; WAR = Blue warehou .
                                                                                                                                                                                                                                                                                                                                                                                                                                                                             BAR = Barracouta ; BCO = Blue cod ; BNS = Bluenose ; BYX =- Alfonsino ; CRA = 15 2003            Public                  Newell, Flatfish ; GMU = N.       HPB, OYS, Red gurnard ; HAK = Hake this dataset as HPB = Hapuku and is available. Thus only 30 JMA = are mackerel
stock                Fish Stock Number for Stata Panel                                             Stock identifier for panel analysis, stock are subsets of species based on discrete geographic habitats.                                    New Zealand Ministry of Fisheries                                              -                                           -                       -                                                           int            1 to 158                   -                      "."                -            May 15 2003    Public                  Newell, Richard G, James N.
t                    Years Since ITQ Inception: t=0 in 1986; t=1 in 1987                           Number of years since Jan-Mar quarter 1986                                                                                                  New Zealand Ministry of Fisheries                                              -                                           -                       -                                                           byte           0 to 14                    -                      "."                -            May 15 2003    Public                  Newell, Richard G, James N.
tacc                 Total Allowable Commercial Catch (ton/year)                                   For each stock each year (tonne/year, which is equivalent to metric ton/year)                                                               Clements & Associatates.                                                       TACC v Catches - original.xls               -                       -                                                           float          1 to 251883                -                      "."               -             May 15 2003    Restricted              Newell, Richard G, James N.
cr4                  4-Firm concentration ratio on consolidated QRNs                               Measures concentration by summarizing the shares of the 4 largest firms                                                                     New Zealand Ministry of Fisheries                                                                                                                  -
                                                                                                                                                                                                                                                                                                                              283-all-87.xls:283-all-99.xls, 283-cra-87.xls:283-cra-99.xls, 5916-qh-280987.xls:5916-qh-280301.xls
                                                                                                                                                                                                                                                                                                                                                                          -                                                                                   float          .0826212167739868 to 1 -                          "."                -            May 15 2003    Restricted              Newell, Richard G, James N.
hiown                Herfindahl index on consolidated QRNs                                                                                                                                                                                     New Zealand Ministry one player has                                            283-all-87.xls:283-all-99.xls, 283-cra-87.xls:283-cra-99.xls, 5916-qh-280987.xls:5916-qh-280301.xls share of quota
                                                                                                   Measure of concentration. For example, the Herfindahl Index helps differentiate between one industry in which four players have equal shares and another whereof Fisheries 70 per cent share and three others 10 per cent each.                                        -                       the sum of the squares of each firm’s                       float          .0085362158715725 to 1 -                          "."                -            May 15 2003    Restricted              Newell, Richard G, James N.       It is close to zero when there exists many enterprises of relatively equal size and increases as both the number of firms decrease and as the disparity in firm size grows.
inshore              Dummy Indicating Inshore Species                                              Dummy for inshore species                                                                                                                   New Zealand Ministry of Fisheries                                              -                                           -                       -                                                           byte           0 to 1                     -                      "."                -            May 15 2003    Public                  Newell, Richard G, James N.
numown               Number of owners on consolidated QRNs                                         Number of quota owners, after consolidating QRNs to represent distinct economic units.                                                      New Zealand Ministry of Fisheries                                                                                          -                       -
                                                                                                                                                                                                                                                                                                                              283-all-87.xls:283-all-99.xls, 283-cra-87.xls:283-cra-99.xls, 5916-qh-280987.xls:5916-qh-280301.xls                             int            1 to 480                   -                      "."                -            May 15 2003    Restricted              Newell, Richard G, James N.       Certain quota registration numbers were consolidated so that they better represented economically distinct behavioural units. Many firms transact quotas under several different QRNs
pqcumulcat           Difference in Cumulative Quarterly Percent Caught Relative to Previous Year   This measures the how close the fishery is to reaching its tacc compared to the at the same time the previous year                          New Zealand Ministry of Fisheries                                                                                          catch;
                                                                                                                                                                                                                                                                                                                              1606-QMR.xls, TACC v Catches - original.xls tacc                    sum of catch of current year up to current quarter, divided float
                                                                                                                                                                                                                                                                                                                                                                                                                                                               by current year tacc - last year's cumcatch/tacc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                             -1.067312479019165 to 4.711098670959473
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        -                      "."                -            May 15 2003    Restricted              Newell, Richard G, James N.
pqcumulcat2          pqcumulcat squared                                                            Closeness to a binding tacc relative to the previous year squared                                                                           New Zealand Ministry of Fisheries                                              1606-QMR.xls, TACC v Catches - original.xls pqcumulcat2             pqcumulcat squared                                          float          0 to 22.19445037841797 -                          "."                -            May 15 2003    Restricted              Newell, Richard G, James N.
quarter              Quarter (1=Jan-Mar;2=Apr-Jun;3=Jul-Sep; 4=Oct-Dec)                            calendar year quarter                                                                                                                       New Zealand Ministry of Fisheries                                              -                                           -                       -                                                           byte           1 to 4                     -                      "."                -            May 15 2003    Public                  Newell, Richard G, James N.
reg1                 Region 1 Dummy                                                                Dummy for Quota Management Area 1                                                                                                           New Zealand Ministry of Fisheries                                              -                                           -                       -                                                           byte           0 to 1                     -                      "."                -            May 15 2003    Public                  Newell, Richard G, James N.       These are the quota management regions over which most stocks areas are defined.
reg2                 Region 2 Dummy                                                                Dummy for Quota Management Area 2                                                                                                           New Zealand Ministry of Fisheries                                              -                                           -                       -                                                           byte           0 to 1                     -                      "."                -            May 15 2003    Public                  Newell, Richard G, James N.       These are the quota management regions over which most stocks areas are defined.
reg3                 Region 3 Dummy                                                                Dummy for Quota Management Area 3                                                                                                           New Zealand Ministry of Fisheries                                              -                                           -                       -                                                           byte           0 to 1                     -                      "."                -            May 15 2003    Public                  Newell, Richard G, James N.       These are the quota management regions over which most stocks areas are defined.
reg4                 Region 4 Dummy                                                                Dummy for Quota Management Area 4                                                                                                           New Zealand Ministry of Fisheries                                              -                                           -                       -                                                           byte           0 to 1                     -                      "."                -            May 15 2003    Public                  Newell, Richard G, James N.       These are the quota management regions over which most stocks areas are defined.
reg5                 Region 5 Dummy                                                                Dummy for Quota Management Area 5                                                                                                           New Zealand Ministry of Fisheries                                              -                                           -                       -                                                           byte           0 to 1                     -                      "."                -            May 15 2003    Public                  Newell, Richard G, James N.       These are the quota management regions over which most stocks areas are defined.
reg6                 Region 6 Dummy                                                                Dummy for Quota Management Area 6                                                                                                           New Zealand Ministry of Fisheries                                              -                                           -                       -                                                           byte           0 to 1                     -                      "."                -            May 15 2003    Public                  Newell, Richard G, James N.       These are the quota management regions over which most stocks areas are defined.
reg7                 Region 7 Dummy                                                                Dummy for Quota Management Area 7                                                                                                           New Zealand Ministry of Fisheries                                              -                                           -                       -                                                           byte           0 to 1                     -                      "."                -            May 15 2003    Public                  Newell, Richard G, James N.       These are the quota management regions over which most stocks areas are defined.
reg8                 Region 8 Dummy                                                                Dummy for Quota Management Area 8                                                                                                           New Zealand Ministry of Fisheries                                              -                                           -                       -                                                           byte           0 to 1                     -                      "."                -            May 15 2003    Public                  Newell, Richard G, James N.       These are the quota management regions over which most stocks areas are defined.
region               ITQ Region                                                                    Region in which the stock inhabits                                                                                                          New Zealand Ministry of Fisheries                                              -                                           -                       -                                                           str1           1 to 8                     -                      "."                -            May 15 2003    Public                  Newell, Richard G, James N.       See Clements & Associates for map
year                                                                                               calendar year                                                                                                                               New Zealand Ministry of Fisheries                                              -                                           -                       -                                                           int            1986 to 2000               -                      "."                -            May 15 2003    Public                  Newell, Richard G, James N.

				
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