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dissipation and overcapacity. Individual vessel quota management schemes change the incentives to maximize profit and have the …. In this study, a cost function approach is used to model and measure rent generated and potential rent in a fishery … managed with individual vessel quotas. …
Persistent link: https://www.econbiz.de/10005368855
Salmon aquaculture generates good output (i.e., salmon) and bad output (e.g., pollution). A joint production function approach is applied to model both outputs simultaneously. Two environmental production technologies are specified, namely, regulated and unregulated technologies. Two production...
Persistent link: https://www.econbiz.de/10008465817
Technological progress can improve economic development, but its role in the harvest of common resources has received little attention. We study the relationship between skill and the use of electronic and mechanical innovations in the productivity of Malaysian artisanal fishers. Surprisingly,...
Persistent link: https://www.econbiz.de/10010765112
Economic theory predicts that the least-efficient vessels are more likely to exit a fishery following the transition to … results indicate that a vessel’s measure of technical inefficiency is a significant and positive factor in explaining whether … it exits the fishery following the implementation of ITQs. …
Persistent link: https://www.econbiz.de/10010849926
sardine purse seine fishery to calibrate and test the model. …
Persistent link: https://www.econbiz.de/10010888310
the Bering Sea crab fishery to decompose the sources of rent generation across both margins. We embed an empirically …
Persistent link: https://www.econbiz.de/10010888311
In the 1970s, herring stocks in the Northeast Atlantic were nearly fished to extinction. This collapse is usually attributed to technological advances. We investigate the empirical impact of technological shocks on herring stocks. We show evidence that the power block was the principal factor in...
Persistent link: https://www.econbiz.de/10011268004
optimization to fishery management are discussed. …
Persistent link: https://www.econbiz.de/10005368850
In industries where firms can adjust product mix in response to price changes, the process can be delayed by adjustment costs. An example is fishermen who change fishing grounds to target different species. If adjustment costs are sufficiently large, this may hamper the fishermen’s response so...
Persistent link: https://www.econbiz.de/10005368860
Proportional Rule, based on historical catches, implies that harvesters or vessel groups that have captured more in the past and …
Persistent link: https://www.econbiz.de/10005368862