This study analyzes the relationship between annual growth in the production of the major aquaculture countries and the quality of institutions in those countries over the last three decades (1984- 2013). Seventy-four aquaculture countries from five different regions - Africa, the Americas, Asia, Europe and Oceania - were selected for...
In fisheries, as well as in other natural resource based industries, there is a difference between the concepts of profit and rent. The former is a basic indicator for gauging the business performance of firms and industries, and the latter is for the evaluation of the economic welfare contribution of...
This paper uses the propensity-score matching method to examine the effects of a government subsidy program on the profitability of fisheries. The approach analyzes the effects at the individual vessel level through representative surveys of costs and earnings data. Bioeconomic theory and a vessel economics framework for an open-access fishery...
This study proposes three methods for technical efficiency (TE) estimation using three different fish stock proxy measures while applying the stochastic production frontier (SPF) approach. We apply these methods to two Vietnamese offshore fisheries, gillnet and hand-line, for which measures of stock abundance are unavailable. Based on the assumption of...
On the background of the abolishment of traditional subsidies this paper discusses the persistency of the major remaining subsidy scheme in Norwegian fisheries: exemption from fuel taxes. The reimbursement scheme stems from the late 1980s, and has been persistent since, under different governments. This paper gives the background for this...