Controlling Excess Capacity in Common-Pool Resource Industries: The Transition from Input to Output Controls
17 Pages Posted: 28 Jul 2010
Abstract
Overcapacity is a major problem in common-pool resources. Regulators increasingly turn from limited entry to individual transferable use rights to address overcapacity. Using individual vessel data from before and after the introduction of individual harvest rights into a fishery, the paper investigates how characteristics of rights, scale of operations and transition period affect changes in individual and fleet capacity utilisation and excess capacity. The results indicate that individual harvest rights in both theory and practice offer the potential to address the problem of overcapacity in common-pool resources currently managed with limited-entry regulations.
Suggested Citation: Suggested Citation
Do you have a job opening that you would like to promote on SSRN?
Controlling Excess Capacity in Common-Pool Resource Industries: The Transition from Input to Output Controls
This is a Wiley-Blackwell Publishing paper. Wiley-Blackwell Publishing charges $42.00 .
File name: ajar.pdf
Size: 145K
If you wish to purchase the right to make copies of this paper for distribution to others, please select the quantity.
