This paper seeks to enhance forecast accuracy by combining three individual forecasting models. These models include: the Autoregressive Integrated Moving Average model (ARIMA), the Generalized Autoregressive Conditional Heteroscedastic model (GARCH), and the Census X11 model. Applied to the...

We analyze a policy experiment in an Alaskan commercial fishery that assigned a portion of an overall catch quota to a voluntary cooperative, with the remainder exploited competitively by those choosing to fish independently. Unlike the individual quota system advocated by many economists, the...

This paper analyzes the current status of fisheries and aquaculture in Southeast Asia and international trade. Analysis concludes that a policy of sustainable management for both capture fisheries and aquaculture is of greatest importance, but such a policy has been neither planned nor...

Lake Victoria, globally the second-largest freshwater Lake by surface area, houses an artisanal Nile Perch Fishery that directly involves around 200K people. While the 10 whole Lake surface is potentially available to fishing activities, the fishing vessels' operational and technical...

Many biological and economic processes in fishery happen seasonally. Most of the extant literature tends to neglect this fact. This work is an initial attempt to treat seasonality in a systematic and proper way. We apply a periodic Bellman approach to obtain the optimal feedback policy of each...

In order to develop fisheries sector in Maharashtra, there is need to educate fishermen with respect to dissemination of information relating to modern/mechanized fishing techniques and efficient marketing of fish catch. Equally important is the need for more innovative technologies in this...

African aquaculture production has gradually increased over the years, but progress is still slow. Given large variations between African countries with regard to the availability of water, the macro-economic context, access to capture fisheries resources and other factors, the performance of...

Using marine resources in a healthy and sustainable manner is at the center of building a blue economy that will make "Sustainable Development Goal 14: Life Below Water" achievable. Fisheries and aquaculture sectors alone provide employment for and support the livelihoods of more than 200...

The fisheries sector in sub-Saharan Africa has benefitted from high and increasing amounts of foreign aid for over four decades. In the 1990s when evidence emerged that most stocks were overcapitalized and overfished, the effectiveness of fisheries development aid, particularly those directed at...

This study examines the determinants of blue economy activities, namely tourism and fisheries, in 21 Asia and Pacific island countries during the period 1996 to 2016. Using a panel data model, it was found that the size of the blue economy positively depends on the gross fixed capital formation...