Legal change, property rights system and institutional stability: The case of the floating raft culture in the Galician mussel sector
Galicia is a Spanish region which has been one of the leading producers of mussels around the world for decades. The institutional framework of the Galician floating raft culture in the mussel sector set up a scenario of institutional stability and equilibrium, in which new licenses were not granted and a winning coalition maintained the “status quo” from 1976 until 2008. Nevertheless, the two most important legal changes since the 90s took place in Galicia as of December 2008: the Fisheries Act 11/2008 and Act 6/2009 amending the former.