We investigated whether the spill of radioactive materials from the Fukushima nuclear plant into the Pacific Ocean had a negative impact on demand for cod and pollock in wholesale markets in Japan. A structural break test detected several break points in the market, including the Fukushima...

It has long been generally accepted that substitution between wild and farmed fish exists when they are of the same species. While this is true for some species and markets, the relation does not hold for all of them. In fact, using cointegration methodology, this paper proves that farmed and...

This paper proposes using a control function to correct for endogeneity in recreation demand models. The control function approach is contrasted with the method of alternative specific constants (ASCs), which has been cautiously promoted in the literature. As an application, we consider the case...

The Gulf of Mexico is a major economic asset to the 11 states in the United States and Mexico that surround its shores. The potential impact of a post-embargo Cuba (in terms of US involvement), and an historic May 1995 agreement among officials of five US states (Florida, Alabama, Mississippi,...

An article about the directions and priorities of the regional policy of the state to regulate the regional water consumption in the Omsk region. The authors analyze the situation with the water consumption in China, Kazakhstan and the Russian Federation, as well as alternative ways of solving...

We combine an artefactual field experiments and household survey data to investigate whether involvement in a unique occupation such as fishery makes the fishermen exhibit different risk and time preferences than those in other occupations. Using a structural model approach, we integrate...

The paper presents the results of an economic experiment in which the effects of fees on allocative efficiency of tradable utilization permits (e.g. pollution permits) are explored. Laboratory subjects (university students) play the roles of firms whose generic product requires a specific input...

This paper summarises the methodological approach and main results of the MARHE project (Employment and Human Resources in the Fisheries Socio-Economic System). This project had as its main aim the search for alternative futures for the fisheries sector in Portugal, with particular attention...

Maharashtra has 720 km. of coastline with the continental shelf area of 111512 sq. km. There are as many as 32 inland varieties of fish produced in this state. Among these varieties, shrimps, prawns, harpodon neherias, ribbon fish, otalithes, pomfrets, anchoviella, mackeral and cattle fish put...

Taking into consideration the changes in the rules for the price support for agricultural and sea products, it seems appropriate to find out what other means could be used to cover the price risk in order to protect the commercial margin of these sectors of activity. The use of derivatives tools...