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Filtering by: Conference Name International Institute of Fisheries Economics & Trade Remove constraint Conference Name: International Institute of Fisheries Economics & Trade Creator Arnason, Ragnar Remove constraint Creator: Arnason, Ragnar Language English [eng] Remove constraint Language: English [eng]

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  • Arctic Char Fish Farming in Iceland: Is it a Success?

    Creator:
    Heimisson, Asgeir Fridrik, Arnason, Ragnar, and Olafsdottir, Gudrun
    Abstract:
    Fish farming has grown very rabidly during the past few decades. One component of this expansion is the introduction of new species, previously unknown to most consumers, to world markets. Arctic char, a cold water salmonid, is one of these species. In 1987, the total commercial supply only amounted to...
    Resource Type:
    Presentation

  • Toward Optimal Use of Bangladesh Hilsa Resource: Bio-Economic Modelling

    Creator:
    Hossain, Mohammod and Arnason, Ragnar
    Abstract:
    The hilsa shad (Tenualosa ilisha) fishery is the largest single species fishery of Bangladesh managed under open access system was chosen for the study. The purpose of the study was to develop optimal policy to assess the optimal exploitation of the fishery. The objective was to maximize the net benefit...
    Resource Type:
    Presentation

  • Economics of the Global Marine Fishery: Changes between 2004 and 2012

    Creator:
    Arnason, Ragnar
    Abstract:
    In 2009 the World Bank published a study of the economic performance of the global marine fishery pertaining to the base year 2004. The key finding of this study was that the global fishery in 2004 was economically and biologically highly inefficient. More precisely, the difference between attainable and actual...
    Resource Type:
    Presentation

  • Fisheries Management Services in Iceland: Costs and Arrangements

    Creator:
    Arnason, Ragnar
    Abstract:
    To run the ITQ system as well as other components of the fisheries management system, the Icelandic government conducts a number of activities which may be regarded as fisheries management services. The most important of these are performed by (i) the Fisheries Directorate which maintains the quota registry and enforces...
    Resource Type:
    Presentation

  • Economically Sensible Caps on ITQ-Holdings

    Creator:
    Arnason, Ragnar
    Abstract:
    Many ITQ fisheries are subject to an upper limit or cap on ITQ-holdings by individual companies. The economic rationale for these caps seems to be to reduce the opportunities for monopolistic behaviour by the companies. A possible social cost of the caps is that limiting company size in fisheries, especially...
    Resource Type:
    Presentation

  • ITQ Prices: What do they Reveal?

    Creator:
    Arnason, Ragnar
    Abstract:
    ITQ systems generate ITQ prices. For any given ITQ-managed species there are typically two prices. One is for the annual (or seasonal) quota, the other is for the longer lasting ITQ-share. In well-functioning ITQ markets, these prices reveal important information about the fishery. In the single species framework, prices of...
    Resource Type:
    Presentation

  • Global Warming and Fisheries: Thoughts on a Sensible Response

    Creator:
    Arnason, Ragnar
    Abstract:
    Atmospheric measurements show that so-called greenhouse gases have been accumulating in the Earth’s atmosphere for well over a century. There are strong indications that human activity plays a significant role in this process. One consequence of the accumulation of greenhouse gases is thought to be an increase in global temperatures...
    Resource Type:
    Research Paper

  • Fisheries Enforcement: Basic Theory

    Creator:
    Arnason, Ragnar
    Abstract:
    If fisheries management is supposed to affect behaviour, it has to be enforced. Fisheries enforcement has generally been found to be quite costly compared to the attainable rents from the fishery. This has a number of important implications. First, obviously, it is economically important to operate the enforcement activity at...
    Resource Type:
    Research Paper

  • Community Fishing Rights: Some Basic Principles

    Creator:
    Arnason, Ragnar
    Abstract:
    It is now widely recognized that property rights based fisheries management regimes are well suited for generating efficiency in fisheries. Apart from access licences, which are very low quality property rights, individual quotas (IQs) and individual transferable quotas (ITQs) are the most widely applicable and, indeed, the most commonly applied...
    Resource Type:
    Research Paper

  • Fisheries Rents: Theoretical Basis and an Example

    Creator:
    Arnason, Ragnar
    Abstract:
    The concept of natural resource rents is much used in the natural resource and fisheries economics literature. It is therefore somewhat surprising that in this same literature it is difficult to find a clear definition of either natural resource rents or fisheries rents. Possibly, as a result, the concept is...
    Resource Type:
    Research Paper