The study identifies measures that have created property rights in the Danish, Dutch and UK fishery sector. Property in this respect is not considered as an asset in the stock of fish but as a stream of benefits, resulting from the right to fish. The limited access to the fishery by the vessel licence and by the recognition as a commercial fisherman have created two forms of property rights in the Danish fishery. In the Netherlands, the national TACs for the individual species have been transformed into transferable individual quota (ITQs).
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Library ResourceInformes e investigacionesDiciembre, 1997Canadá, Estados Unidos de América, Japón, Dinamarca, Islandia, Noruega, Reino Unido, Países Bajos, Australia, Nueva Zelandia
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Library ResourceInformes e investigacionesDiciembre, 2008Canadá, Países Bajos
The main reason for government intervention in land markets is market failure. Open space is a non-market output or externality of farmland and, although it might be important to people, there is no actual market for the good as such. The Netherlands and the Province of British Columbia in Canada both experience similar problems of expanding cities and pressure on open space, and they both use zoning to regulate land use and its externalities.
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