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Capacity reduction and productivity: the case of a fishery

Fox, Kevin J; Kompas, Tom; Che, Tuong Nhu; 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
Type: Working/Technical Paper
URI: http://hdl.handle.net/1885/40405
http://digitalcollections.anu.edu.au/handle/1885/40405

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