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...
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...
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...
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...
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...
This study analyzes the determinants of the choice of remuneration systems and examines their influence on the economic performance of fisheries. The purse seine fisheries in Khanh Hoa province, Vietnam, are used as the study case, with data collected from 162 fishing households in 2005 and 2008. The principal‚ agent...
This paper discusses the persistency of one of today’s major subsidy schemes in Norwegian fisheries: exemption from fuel taxes in the fishing fleet. The reimbursement scheme stems from the late 1980s, and has been persistent since, under different governments. Here we provide the background for this support and discuss it’s...
The debate about whether international trade actually benefits for resource and all stakeholders in the chain is still unsettled. Even the benefits of international trade were addressed in some articles, the question about which signals for policy makers intervene in the market is still being raised. This paper attempts to...
Assuming a broad set of management goals, we analyze the implementation of a marine protected area (MPA) together with open access by applying a bioeconomic model that ensures unchanged growth post-MPA. Taking into account that conservation and restoration, food security, employment and social surplus are amongst the objectives that many...
The relationship between annual growth in the catches of fishing nations and the quality of the institutions of those nations is analyzed. Catch volumes are used as a proxy for development, since economic performance indicators based on a common set of definitions do not exist. 49 major fishing nations were...