Fox, Kevin J.; Grafton, R. Quentin; Kompas, Tom; Che, … - In: Australian Journal of Agricultural and Resource Economics 50 (2006) 2
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...