The on-going fisheries management discussions, held at the World Trade Organization (WTO) in the context of the fisheries subsidies negotiations, can influence the highly debated WTO legal parameters for the assessment of national environmental regulation addressing non-product-related processes...

Marine Protected Areas are considered as a hedging tool against some of the uncertainties that trouble many fisheries today. Such tools are always connected with a cost; a premium. An optimal harvest rule is combined with a protected area to manage a fishery. The model ignores uncertainty, and...

This paper describes a novel experiment designed to examine how rent dissipation may occur in fisheries in which the right to participate in the fishery is limited and fishermen compete amongst themselves for shares of an exogenous total allowable catch. We demonstrate that rent dissipation may...

Input subsidies in natural resource sectors are widely believed to cause depletion of the natural capital on which those sectors rely. But identification and data challenges have stymied attempts to empirically estimate the causal effect of subsidies on resource extraction. China's fishing fleet...

United States fisheries are managed by regional councils. Fishermen can participate in fisheries managed by multiple councils, and effort controls in one region could lead to effort leakage into another. Using difference-in-differences, we test for leakage across regional fisheries boundaries...

Research by J.D. Sachs and A.M. Warner, indicates that resource-rich countries are less successful in terms of economic growth than are resource-poor countries. The question of what measures Icelanders need to take to prevent their fishery wealth from limiting economic growth is posed. The main...

This paper studies season length restrictions in fisheries management from an ecological-economic perspective. We first construct a model of a stylized fishery in which season length restrictions are used to manage the fishery. We then show how the dynamic and the stochastic properties of this...

Economics of the fishery has focused on the wastefulness of common pool resource exploitation. Pure open access fisheries dissipate economic rents and degrade biological stocks. Biologically managed fisheries also dissipate rents but are thought to hold biological stocks at desired levels. We...

In this paper we use a general model of imperfect competition to predict welfare changes within an open-access fishery transitioning to individual transferable quota (ITQ) management. Although related research has explored the effects of market power in the harvesting sector on ITQ performance,...

In this paper, the estimate of the productive efficiency for some Italian fleet segments is proposed. The estimate is based on a Stochastic Frontier Production (SFP) function and a Data Envelopment Analysis frontier (DEA) using micro data of fishing vessels. The essential random nature of the...