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Profit and Price Effects of Multi-species Individual Transferable Quotas

Dupont, Diane P; Fox, Kevin J; Gordon, Daniel; Grafton, Quentin


Regulators in many countries have adopted individual transferable quotas as a means of dealing with the open access problem inherent in fisheries. Using individual vessel data prior to and after the introduction of ITQs in Canada's multi-species Scotia-Fundy mobile gear fishery, the paper uses an index number profit decomposition to compare vessel performance over time and across individual vessels. The approach allows us to undertake both an ex post evaluation of short-term impacts of ITQs and...[Show more]

CollectionsANU Research Publications
Date published: 2005
Type: Journal article
Source: Journal of Agricultural Economics


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