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The impact of individual quotas on technical efficiency: does quality matter?

Published online by Cambridge University Press:  16 July 2010

JORGE DRESDNER ,
NÉLYDA CAMPOS  and
CARLOS CHÁVEZ
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Abstract

We estimate the technical efficiency gains of introducing individual quotas (IQs) in fisheries. Our estimates are based on two samples of vessels, considering a potential self-selection bias and controlling for quality changes in landings induced by the IQ system. The results suggest that the introduction of IQs has an important positive impact on fleet efficiency, and that properly measuring this impact requires controlling for the self-selection bias and quality changes induced by the regulatory shift.

Type
Research Article
Information
Environment and Development Economics , Volume 15 , Issue 5 , October 2010 , pp. 585 - 607
Copyright
Copyright © Cambridge University Press 2010

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Footnotes

We are grateful to three anonymous referees of this journal for their helpful comments and suggestions. The usual disclaimer of responsibilities obviously applies. We gratefully acknowledge partial financial support for the revision stage of this paper provided by the Dirección de Investigación, Universidad de Concepción.

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