Regulators in many countries have adopted quotas as a means of dealing with the open access problem inherent in fisheries. Unit quotas for the Norwegian purse seine fleet were introduced in 1996 but consolidation of licenses has been in place since 1978. The current Norwegian regulatory system does allow for...
Economists have long been interested in empirically modelling/forecasting the price of staple commodities using both structural and reduced form models. The purpose of this paper is to apply Pesaran’s Autoregressive Distributed Lag/ Error-Correction Bounds model for forecasting the ex-vessel price of lobster on the east coast of Canada using monthly...
In this paper, we measure demand characteristics for imported cod products in Portugal. Portugal imports cod primarily in three forms; frozen, salted and salted & dried but consumption of cod is primarily salted & dried product. Norway is the major producer and exporter of salted & dried cod but Portugal...
The purpose of this research is to model and measure shadow prices for quota that are not only vessel-specific but also conditioned upon the fisher's own quota holdings and individual circumstances regarding fishing effort. Shadow prices reflect the scarcity value of quota to each particular fisher and can be used...
The herring stocks in the Northeast Atlantic were nearly fished to
extinction in the 1970s. This collapse is usually attributed to advances in
fishing technology. The impact of productivity shocks depends critically on
how sensitive the fish catch is to the size of the stock. If the catch per unit...
The purpose of this paper is to provide a comparative index characterization of shrimp farms in Bangladesh, India and Indonesia. There has been considerable work carried out on shrimp farming in South East Asia with emphasis on biology, environmental factors, management and trade issues but much less work on the...