Chávez Rebolledo, Carlos, Jorge Dresdner Cid and Nelyda Campos. 2010. “The impact of individual quotas on technical efficiency: does quality matter?.” Environment and Development Economics 15:5: 585-607.
Download reference Doi:10.1017/S1355770X10000215
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.