This paper discusses the potential application of implicit discount rates (IDR) derived from Individual Transferable Quota (ITQ) trading data as indicators of fishery bio-economic health. The theoretical background is discussed, and in the context of one New Zealand ITQ fishery we analyze the behavior of IDR over ten years of...
The year 1990 saw the introduction of individual transferable quota rights to the NZ rock lobster fishery. This paper presents an analysis of the evolution of profitability in five different quota management areas over the period 1990-2001. The bio-economic model of an optimal fishery provides the basis for econometric analysis....
As climate change awareness grows, embedded carbon has become an issue for affluent first world seafood consumers concerned with environmental sustainability. Diminishing wild fish stocks and rising fuel costs mean capture fisheries are becoming less attractive sources of product for seafood marketers with investment in brands. In the light of...