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Capacity reduction, quota trading and productivity: the case of a fishery

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


We present the first ex post study that quantitatively analyses the effects of a licence buy-back and enhanced quota trading on the profitability and productivity of individual vessels in a fishery. Using firm-level data and a profit index decomposition method, we find that small and large vessels and three different trawler fleets all experienced substantial productivity gains in the year immediately following a licence buy-back and the establishment of a quota brokerage service. The apparent...[Show more]

CollectionsANU Research Publications
Date published: 2006
Type: Journal article
Source: Australian Journal of Agricultural and Resource Economics
DOI: 10.1111/j.1467-8489.2006.00331.x


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