Fox, Kevin J.; Grafton, R. Quentin; Kompas, Tom; Che, … - Australian National University, Economics and … - 2003
The paper presents the first ex-post analysis of profit and productivity of individual vessels following a vessel or licence buyback in a fishery. Using individual firm-level data for the period 1997-2000, the paper analyzes a "natural experiment" of the effects of a 1997 scheme to reduce...