paper analyses the possible endogeneity of the fish stock variable in a pelagic fishery harvest function. The harvest … corrects for endogeneity of the fish stock variable, an issue often underestimated in empirical fishery economics. Secondly, it …

fishery, the Peruvian anchovy fishery. Until 2009, the fishery was managed by a regulated open access system with clear … participating in the fishery, and prolonged the fishing season. Furthermore, the IVQs appear to have improved profitability in the … fishery and increased value-added production in the Peruvian anchovy value chains. This provides support that developing …