The Quota Auctions In Estonia And Their Effect On The Trawler Fleet
- Topics:
- Negotiations and Contracts
FREE Registration is required
Overview: The Estonian trawl fishery has been operating under an individual transferable quota (ITQ) system since 2001 when auctioning a part of the quota was also first implemented. This study analyzes the effect of quota auctions on the structure of the fleet and the performance of the system in managing excessive fishing capacity. The capacity of the Estonian trawling fleet is estimated for 2001 using Data Envelopment Analysis (DEA), and a 25% overcapacity was obtained. Higher capacity utilization compared to the rest of the fleet was observed for two types of large vessels that are economically more effective than smaller vessels and had historically obtained larger quota shares. The quota share of these types of vessels increased further as a result of the auction.
(Is this item miscategorized? Does it need more tags? Let us know.)
Format: PDF | Size: 159KB | Date: Mar 2005 | Pages: 12




