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dc.contributor.authorMolnar, Lauren Elizabeth
dc.date.accessioned2014-03-04T16:21:46Z
dc.date.available2014-03-04T16:21:46Z
dc.date.issued2008-12
dc.identifier.othermolnar_lauren_e_200812_ab
dc.identifier.urihttp://purl.galileo.usg.edu/uga_etd/molnar_lauren_e_200812_ab
dc.identifier.urihttp://hdl.handle.net/10724/25257
dc.description.abstractThe United Nations Food and Agriculture Organization estimates that 75 percent of world fish stocks are overfished or fished to their maximum while worldwide demand for fish has simultaneously increased. In an attempt to decrease fish exploitation and promote sustainable fishing, countries like New Zealand (NZ) are instituting property right approaches in the form of Individual Transferable Quotas (ITQs) that divide the total allowable catch among viable fleets that buy and sell quotas until the equilibrium distribution is reached. Current research has centered on effects on the fish population with little focused on the effects on trade. This paper uses an empirical model to examine the trade effects on exports in NZ under the ITQ to determine whether the system is beneficial to the economy as well. The results show that an ITQ increases the amount of exports, but further analysis is needed to prove ITQs are an effective regulation method that doesn’t harm international trade.
dc.languageeng
dc.publisheruga
dc.rightspublic
dc.subjectNew Zealand
dc.subjectIndividual Transferable Quotas
dc.subjectFish Exploitation
dc.subjectSustainable Fishing
dc.subjectTrade Effects
dc.subjectExports
dc.titleIndividual transferable quotas
dc.title.alternativeeffects on trade in New Zealand
dc.typeHonors
dc.description.degreeAB
dc.description.departmentEconomics
dc.description.majorEconomics
dc.description.advisorCaroline Sandifer
dc.description.committeeCaroline Sandifer


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