The objective of this study is to determine the impact of (1) the new 1984 maritime boundary between the United States and Canada in the Northwest Atlantic and (2) the availability of the Brooklyn, New York, port as an alternative landing site on the distribution of domestic and imported...

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...

The twofold aim of this article is to model the structure of the Norwegian food farming industry for trout and salmon and to provide estimates for the scale elasticity and substitution possibilities. A translog functional form of the long run cost function is specified and estimated. The...

Bioeconomic models of fisheries usually do not provide details of fishermen's short-run behavior. This paper develops a model for the short-run selection of fishing location by a profit-maximizing fisherman in an open-access fishery given that fish density increases further from port and given...

Over the past 30 years, a widely accepted model of "open-access" fisheries has been developed, yet empirical tests of the standard model have been relatively few. One difficulty is that fish stocks, the levels of which affect the rate of catch, are not directly observable. Simplifying...

The conflict between efficiency and maximization of employment colours all aspects of fisheries management in Canada, including implementation of rights based fisheries management regimes. Even though rights based systems are strongly based on considerations of efficiency, sometimesat the...

Conventional empirical demand systems normally take prices to be exogenous, and determine the quantities demanded. Although this is logical for the individual consumer, at the market level the aggregate quantity traded may be exogenously determined, while the price vector changes to ensure...

An optimising model is developed to determine the .sequence of total allowable catches of western mackerel which would result in the maximum present value of the stream of annual rents. It is found that the optimal steady state fishing mortality would be one half to one third of recent levels....

The results from graphical and regression analyses of time-series data on seafood consumption and prices suggest that preferences for seafood have strengthened in response to medical evidence that seafood promotes nutrition and health. The graphical analysis reveals a trend of increased...

This paper examines the generation of resource rent during the transition from an over-exploited to an efficiently managed fishery. A simple theoretical model is used to demonstrate that current industry returns may below or even negative during this adjustment phase. A case in point is the New...