This article presents a model of commercial fishing in a stochastic environment that focuses on the labor-employment contract. In a partial equilibrium context, the authors show that when boat owners and crew members are risk-averse, crop sharing is the optimal contract, and the resultant labor...

Open access in the U.S. fishery for American lobsters has created seasonally concentrated landings. This analysis examines the impact of seasonality upon the market and also analyzes the possible use of seasonal closures to counteract this seasonality. Monthly price response functions are...

This paper stresses that innovation in Hungary leaves something to be desired, and a perpetual lack ofinnovation also applies to the agro-food sector which, of course, consequently weakens the nation’s generalcompetitiveness.The 2007-2013 period and the subsequent resources provided by the EU...

This study estimates the dynamic impacts of the seafood industry and investigates multivariate relationships between basic and nonbasic sectors. The study regions are two fishery-dependent regions in Alaska, which are heavily dependent on extra-regional inputs such as non-resident labor and...

This study uses a unique firm-level dataset to examine how falling trade costs from 1993-2001 affected entry, exit, productivity, and exporting in the Korean manufacturing sector. We verify many of the predictions of recent heterogeneous-firm models of international trade. For example, falling...

Development of small and medium enterprises (SME) represents primary goal of every modern economy. It is complex challengewhich includes great number of directly concerned parties in every sector of the state and economy. SME stimulate private ownership andentrepreneurship. Their characteristic...

Organizational environment determines behavior of the organization’s members. Therefore, in order to efficiently manage human resources in an organization, it is crucial to know and understand this environment. Being used to describe organizational environment, organizational climate and...

This paper examines women’s and men’s decisions to participate in physical activity and to attain a healthy weight. These outcomes are hypothesized to be related to prices of food, drink and health care services and products, the respondent’s personal characteristics (such as education,...

Wal-Mart, the largest retailer worldwide, has been suspected of exercising market power over input providers, both merchandise suppliers and workers. However, in spite of a growing body of literature investigating the beneficialeconomic impact of the company through its price-lowering effect,...

Most studies of wage differentials explain such differentials in terms of factors like gender, race, and human capital. But systematic gaps in earnings can arise even among homogenous individuals as a result of asymmetric employer and worker information gaps, thereby reflecting labour market...