The geoduck fishery in British Columbia has been managed by individual quotas since 1989. Individual
quotas have fostered a co-operative management approach in the fishery, which is implemented through a
non-profit society with membership made up of licence holders in the fishery. This non-profit society, the
Underwater Harvesters Association (UHA),...
Assuming externalities from aquaculture to fisheries, we use a Verhulst-Schaefer model of fish
population-dynamics and production, coupled with an aquaculture production model, to investigate
effects on open-access and rent-maximising fisheries. Externalities are modelled by letting carrying
capacity, intrinsic growth rate or catchability coefficient in the fishery depend on aquaculture production....
This paper sets out an evaluation of profitability differentials within shellfish farming activities of the
Mont-Saint-Michel Bay. The objective is to examine whether profitability differentials have
consequences in terms of economic dynamics and of management arrangements. The paper divides into
four parts. The first part presents a retrospective analysis of...
The advent of scientific shrimp farming in India during 1990-91 was a turning point of shrimp production
in the country. Though scientific shrimp farming system renders higher level of production than the
existing traditional farming system, it is subject to certain criticisms especially for generating negative
environmental externalities. The conversion...
The exploitation of aquatic food products has been very fundamental as a source of livelihood in
the Sub Saharan Africa in particular and the world in general. Global production of aquatic food
products totaled approximately 93.2 million metric tons in 1997 and sub Saharan Africa
contributed 3.7 per cent. For...
In natural resource economics, we sometimes observe a situation in which producers and consumers have
direct access to the factors of production or can use some consumable products with little or no
transformation. These goods are commonly referred to as “gifts of nature”. A factor of production is
considered a...
The success or failure of aquaculture heavily depends on how effectively to manage aquatic animal
diseases. In order to analyze the economic effects of aquatic animal disease control, the specific factors
and magnitudes of benefits and costs are identified with and without the proposed project for the disease
control. These...
A bio-economic model, based on Faustmann rotation, was developed to analyze the relevance of
removing thinning activities which are part of the dominant technology used in blue mussel production in
Canada. Removing these density control activities (thinning) seemed a profitable option to producers. It
was thought that this collector line...
Economists have generated numerous studies analyzing how a move to rights-based fishery management from open-access management affects fish harvesters' behavior. Conversely, the impacts that such a change in management can have on fish processors has received relatively little attention. This paper presents a simple two-product processor supply model to show...
Wholesale demand systems for live reef food fish in Hong Kong are analysed using the Linear Approximate Almost Ideal Demand System (LA/AIDS). Results suggest that price elasticities of demand are inelastic, with relatively high-valued species exhibiting greater elasticity than relatively low-valued species. Cross price elasticities are negative suggesting that different...