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...

This paper was commissioned by the APEC Working Group on Fisheries to examine the economic impact of eliminating tariffs on fish and fish products in APEC economies. Chapter II provides a qualitative assessment of the impacts of liberalization of fisheries trade drawing on the available data and...

This paper develops two fisheries models in order to estimate the effect of global warming (GW) on firm value. GW is defined as an increase in the average temperature of the earth's surface because of CO₂ emissions. It is assumed that (i) GW exists, and (ii) higher temperatures negatively...

This paper analyzes the state and conditions of aquaculture in South China Sea both from technological and economic perspectives. We state from the basic marginal cost analysis and construct a two sector model for this issue. Base on the comparison on the cost between aquaculture sector and...

This paper investigates Kerala fishery sector and its impact on ecosystem, and socioeconomic impact of ban on fisheries on the fishing labour and their dependence on fishing as livelihood. The paper analyses the viability of various mechanized fishing units in the State of Kerala using different...

In this paper we address the implications of production risk for controlling fishing effort in a regulated fishery in a framework where fishers maximize expected utility of profit. We focus on controlling effort through season closures that limit the number of days the fishery is open to harvest...

For a panel of 109 coastal countries we show that negative economic shocks in the fisheries sector are associated with an increase in maritime piracy. Our identification strategy uses the variation in the phytoplankton abundance off the individual countries' coasts, measured by satellite data,...

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...