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 … rights rather than input controls. Using an innovative index method that decomposes the contributions of output prices, input … prices, vessel size and productivity to relative profits, the economic performance of vessels is analyzed in the year of the …