Capacity reduction, quota trading and productivity: the case of a fishery
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Fox, Kevin J; Kompas, Thomas; Che, Tuong Nhu; Grafton, Quentin
Description
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]
Collections | ANU Research Publications |
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Date published: | 2006 |
Type: | Journal article |
URI: | http://hdl.handle.net/1885/26055 |
Source: | Australian Journal of Agricultural and Resource Economics |
DOI: | 10.1111/j.1467-8489.2006.00331.x |
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File | Description | Size | Format | Image |
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01_Fox_Capacity_reduction,_quota_2006.pdf | 368 kB | Adobe PDF | Request a copy |
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