| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Capacity reduction, quota trading and productivity: the case of a fishery
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| Autores: |
Fox, Kevin J.
Grafton, R. Quentin
Kompas, Tom
Che, Tuong Nhu
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| Data: |
2011-10-20
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| Ano: |
2006
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| Palavras-chave: |
Capacity reduction
Fishery
Productivity
Quota trading
Productivity Analysis
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| Resumo: |
We present the first ex post study that quantitatively analyses the effects of a licence buyback 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 ongoing benefits of the buy-back and increased quota trading over the sample period are in stark contrast to the generally unfavourable long-term outcomes commonly associated with vessel buy-backs in input-controlled fisheries.
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| Tipo: |
Journal Article
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| Idioma: |
Inglês
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| Identificador: |
http://purl.umn.edu/116929
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| Relação: |
Australian Journal of Agricultural and Resource Economics>Volume 50, Issue 2, June 2006
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| Formato: |
18
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