Catch limits, capacity utilization and cost reduction in Japanese fishery management

Michiyuki Yagi, Shunsuke Managi

研究成果: Article査読

10 被引用数 (Scopus)

抄録

Japan's fishery harvest peaked in the late 1980s. To limit the race for fish, each fisherman could be provided with specific catch limits in the form of individual transferable quotas (ITQs). The market for ITQs would also help remove the most inefficient fishers. In this article we estimate the potential cost reduction associated with catch limits, and find that about 300 billion yen or about 3 billion dollars could be saved through the allocation and trading of individual-specific catch shares.

本文言語English
ページ(範囲)577-592
ページ数16
ジャーナルAgricultural Economics
42
5
DOI
出版ステータスPublished - 2011 9月
外部発表はい

ASJC Scopus subject areas

  • 農業および作物学
  • 経済学、計量経済学

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