Starting in the 1960s, considerable opposition to the Canadian and Norwegian harp seal hunt off Newfoundland developed. It was alleged that the seal hunt was unethical and that the seal population had been seriously depleted. The purpose of this paper is to analyze the production function for...

The relative performance between seasons in a fishery is tested empirically. In particular, the importance of a stochastic environment-what may be denoted as fishing luck in a fishery-is established by applying Dickey-Fuller unit-root tests for the efficiency scores of vessels between seasons....

We analyze the effect of technological change on labor and total factor productivity in the Lofoten fishery, using detailed data for 130 years. Our findings support the important role of natural resources in productivity and improvements in welfare in natural resource–based industries. The...