Fisheries throughout the world have long been subject to overfishing and excess capacity, which has generated substantial and increasing concern about biological and economic performance ramifications. These problems in part stem from substantial investment in technical improvements to boats and...

The importance of resource rent in fisheries has long been acknowledged. By generating such rents, economically efficient management systems increase value added and the sector’s contribution to the gross domestic product (GDP) and growth. However, despite the successful adoption of such...

Traditional productivity measures have been much less prevalent than other measures of economic and biological performance in fisheries economics. It has been increasingly recognized, however, that mod eling and measuring fisheries’ production relationships is central to understanding and...

We provide a new approach for assessing the cost of marginal ecosystem changes and theeffectiveness of agri-environmental schemes. The approach is based on a theoretical andempirical analysis of the bio-economic production interactions between marketed outputs andnon-marketed ecosystem services...

Deterministic data envelopment analysis (DEA) and stochastic production frontier (SPF) models are alternative methods for estimating capacity in fisheries. Fishery managers should be aware of likely differences in the capacity estimates obtained from these approaches if such estimates are to be...

When different technologies are present in an industry, assuming a homogeneous technologywill lead to misleading implications about technical change and inefficient policyrecommendations. In this paper a latent class modelling approach and flexible estimation ofthe production structure is used...