Several factors contribute to the productivity of nations' fisheries: (1) The biophysical conditions that determine the abundance of fish stocks, (2) government regulation of fisheries, and (3) innovation and adoption of (i.e. investments in) new fishing technologies. This paper analyzes the long-run productivity performance of three Nordic countries Iceland, Norway...
Fishing overcapacity has lead to unsustainable harvesting and rent dissipation in global fisheries. Only government intervention of some kind can lead to a reduction in capacity. If efficiency is the primary objective for the regulator, then the least efficient vessels should be decommissioned. Here we analyze the Swedish fishery using...
To reduce fleet capacity in European fisheries is an important objective of the European Union’s Common Fisheries Policy. The success of such programmes depends both on the variation and the level of efficiency within the fishing fleets. If vessels with significantly lower efficiency level than average are decommissioned, the actual...