Fisheries economists have studied fisheries managed with ITQs and compared them to fisheries that are differently managed. Most of these studies have found ITQs to be economically superior. This paper studies the ITQ-fisheries in Iceland. It focuses on features that are difficult to explain using traditional fisheries economics. It is...
The supply of raw material to the Norwegian fish processing industry has always fluctuated heavily, both as far as volumes and quality are concerned. These fluctuations have had major impact on planning of for instance product mix and production capacity. Thus, sea farming has been considered a promising alternative source...
Applied research is often motivated by the economic benefits it will give rise to. These benefits are due to either improved production techniques or new products. The realisation of these objectives depends much on the assessment of different research alternatives and allocation of resources between them. Also within aquaculture research...
Fisheries management has been carried out on the assumption that a fish population is in equilibrium with the fishing effort under the average environmental conditions and hence there must be a maximum sustainable yield (MSY). However, since the simultaneous rise and fall of the interdecadal and global scale of sardine...
The Norwegian fish processing industry is an old industry and organising of production has been solved by fishing vessels catching fish and selling it fresh directly to processing plants located on shore close to the richest fishing areas. During the last decade an increasing part of the catch has been...
Fisheries worldwide continue to suffer from the negative consequences of open access. In 1986, New Zealand responded by establishing an individual transferable quota (ITQ) system that by 1998 included 33 species and more than 150 markets for fishing quotas. We assess these markets in terms of trends in market activity,...
At a hearing about the Green Paper (an analysis of the EU fisheries policy over the last 10 years and an outlook for the next decade) the following statement was given by an economist: „The Ecosystem Approach is the fata morgana of the fisheries biologists.“ Indeed, a lot of biologists...
Globalization may affect companies in the fish-processing industry in many ways. For some, globalization poses new threats, for others it represents new opportunities. Some companies see their benefit of being located close to the resources vanish, as resources are brought out of the region, processed in low-wage countries, and distributed...