Kerr, Suzi; Newell, Richard G.; Sanchirico, James N. - 2008
The New Zealand ITQ system is a dynamic institution that has had many refinements since its inception more than 15 … beneficial features and to identify features of the New Zealand ITQ system that are relevant to other potential tradable permit … result of the system. We find evidence that suggests that the ITQ system is improving the profitability of fisheries in New …
