The Quota Auctions In Estonia And Their Effect On The Trawler Fleet

Topics:
Negotiations and Contracts
Tags:
Auction,
Fleet,
Marine Resources Development Foundation,
Vessel
Source:
Marine Resources Development Foundation

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


advertisement
  • Click Here
  • Click Here
  • Click Here

Returning users: Log In Here!

Already registered on BNET, TechRepublic, or ZDNet? Simply log in.

Free Membership: Sign Up Now!

Sign up for a free membership today and get instant and unlimited access to one of the largest databases of white papers, webcasts, and casestudies anywhere. Your FREE membership allows you to:

  • Download an unlimited amount of content, including classic and current white papers, case studies, webcasts and more
  • Track content on your chosen topics of interest
  • Receive targeted email alerts when your favorite content is added
  • Save content for future reading
  • Receive our member newsletter

When you register to access this directory, you become a member of BNET. In addition, you allow us to share your information with companies that produce products or services featured in the library--so that such companies may contact you with information and offers regarding their products and services. This enables us to keep the library a free service. As a directory registrant, you will receive a complimentary subscription to the BNET member newsletter, The BNET Report. You can unsubscribe from this newsletter at any time. By clicking the Sign up button, you indicate that you agree to our Terms and Conditions and have read and understand our Privacy Policy (updated).