In this paper, the own and cross-price flexibilities for four high valued species (bass, lobster, sole and turbot) landed in the UK are estimated. System of equation models were developed using the vector error correction model (VECM) approach. Johansen's multivariate approach was used to obtain...

The effects of climate change on marine fisheries can be either mitigated by global action on greenhouse gas emission, or managed by encouraging appropriate adaptation. While fishers will autonomously adjust their activities in response to climate change, fisheries management systems may also...

Variations in the efficiency of demersal trawlers operating in the English Channel were examined through the estimation of a stochastic frontier production function. The most important measurable factor affecting efficiency was the age of the vessel. However, unmeasurable factors accounted for...

Improving the economic performance of fisheries is becoming increasingly important in fisheries management, and in some cases, maximum economic yield (MEY) is set as a key management target. However, recent critics of MEY as a management target have argued that a decline in the level of fishing...

The degree to which individual species can be targeted will influence how quotas are set in multi-species fisheries managed through individual transferable quotas (ITQs). In this paper, a multi-output distance function is used to examine fishers' ability to control output mix in a fishery about...

In the last two decades, the fisheries of the North Sea have experienced substantial declines in the population of a number of commercially harvested species. The fisheries have also experienced the development of considerable overcapacity as a result of ineffective management and subsidies....

Variations in the efficiency of demersal trawlers operating in the English Channel were examined through the estimation of a stochastic frontier production function. The most important measurable factor affecting efficiency was the age of the vessel. However, immeasurable factors accounted for...

In most fisheries, a number of species are unintentionally caught as bycatch while attempting to catch the targeted species. While much of the bycatch problem is technological in nature due to imperfect selectivity of the fishing gear, fisher behaviour also plays a major role. How, when and...