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Productivity and Capacity Reduction: The Case of a Fishery

Fox, Kevin J; Kompas, Tom; Nhu Che, Tuong; Grafton, Quentin

Description

The paper presents the first ex-post analysis of profit and productivity of individual vessels following a vessel or licence buyback in a fishery. Using individual firm-level data for the period 1997-2000, the paper analyzes a “natural experiment" of the effects of a 1997 scheme to reduce fishing capacity in the South East trawl fishery of Australia. The scheme was unique in the sense that the buyback was implemented in a fishery managed by individual vessel tradeable harvesting rights rather...[Show more]

CollectionsANU Research Publications
Date published: 2003-07
Type: Working/Technical Paper
URI: http://hdl.handle.net/10440/1217

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