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Productivity change and fleet restructuring after transition to individual transferable quota management

Creator:

Färe, Rolf, Grosskopf, Shawna, and Walden, John

Abstract:

Productivity change after transition to an individual transferable quota (ITQ) management system is driven by exit of some vessels, entry of other vessels, and changes in productivity of existing vessels. Generally, it is thought that an ITQ system boosts productivity due to the exit of less productive vessels. However, ITQ...

Resource Type:

Article

Full Text:

, in: D.V.G. Trond Bjorndal, Ragnar Arnason, U. Rashid Sumaila (Eds.), Advances in Fisheries Economics