This paper analyses the factors explaining productivity and efficiency differences across salmon aquaculture farms, with an emphasis on agglomeration externalities. We specify a stochastic frontier production model with agglomeration indexes included in both the frontier production function and the technical inefficiency model. The frontier model is estimated on a rich...
This paper reports on a study of Icelandic government expenditures on fisheries and fisheries management during the period from 1990 to 1996. This study is a part of a joint Canadian, Icelandic and Norwegian project attempting to estimate consistently government expenditures on fisheries and fisheries management in these three countries...
This paper considers the costs of fisheries management. It starts by reviewing the costs of fisheries management in Iceland, Newfoundland and Norway. The outcome of this study, as well as information from other countries, indicates that fisheries management costs are generally quite substantial relative to the value of landed catch....
Rising consumer concern over intensive food production issues has resulted in an increase in demand for organic
alternatives to a wide variety of foods including fruit and vegetables, meat and poultry. More recently, there has also been
considerable interest in the marketing of more environmentally-friendly supplies of fish, including those...
Weitzman's paper is useful because it provides the fisheries economics profession with a reason to re-examine certain elements of the currently accepted fisheries management theory. As a result, this contribution may lead to a more solid theoretical foundation for fisheries management. This, of course, is the way any science is...
In industries that are characterized by frequent innovations and high productivity growth, substantial variation in both produced quantity and input use may occur and lead to increased cost. As both excessive input use and misallocation of inputs are costly for the producer, firm-specific measures of both technical and allocative inefficiency...
A food consumption revolution is taking place in Russia. After decades of severe constraints on food consumption options under the communist regime Russian consumers are now adopting new food products - including seafood products - at a high pace. Since Russian consumers have had limited seafood consumption choices before, the...
Trends in key fisheries indicators are presented to provide the context for a profile of the economic health of the world's marine fisheries. Estimates of the economic value of global marine fishery production and costs of production are used as inputs to an economic model to derive a range of...
This paper estimates current resource rents being generated in the Icelandic cod fishery and compares them to the maximum sustainable attainable ones. For this purpose a simple aggregative model of the cod fishery is specified and empirically estimated. It is found that in spite of the cod stock being in...
The hilsa shad (Tenualosa ilisha) fishery is by far the largest single species fishery in Bangladesh. In this paper, a simple bio-economic year-class based model is developed to describe the fishery and examine its properties. With the help of this model, the optimum sustainable yield of the fishery is calculated...