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- Agnarsson, Sveinn, et al. Show all 3 Authors
- Ocean & coastal management 2018 v.163 pp. 141-150
- business enterprises; debt; economic crises; fisheries; fisheries management; fishing boats; harvesting; income; leasing; marine resources; profitability; profits and margins; taxes; variance; Iceland
- ... In 1990, Iceland established a comprehensive fisheries management system based on individual transferable quotas (ITQs). Simultaneously, low-cost licence fees, which the fishing industry paid to the government, were introduced. As the ITQ system became more mature and the financial performance of the fisheries improved, there was increasing public demand for the sharing of its resource rent. A spe ...