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...
Gear technologists have, in recent years, developed rigid sorting grids, Sort-X, in bottom trawls, to improve the size selectivity of this type of gear. Experiments with the Sort-X system in the aft sections of trawls were carried out aboard Norwegian and Russian trawlers along the coast of Northern Norway and...
This is a study on economic implications of the 3 year harvest control rule (HCR) for the Northeast Arctic
cod stock, decided in November 2002 by the Joint Norwegian-Russian Fisheries Commission. Outcomes
of this rule are compared to those of five other rules, including the previous one based on a...
Nearly 75% of the stocks in the waters of the European Union are overused. Therefore, recovery programs
are both necessary and urgent. However, the decisions made by the fisheries ministers rather seem
to prolong the overuse situation instead of putting an end to it.
From an overall perspective, it would...
By using harvest data for a North East Arctic Cod Fishery in the Barents Sea for the years 1971-1985 a monthly and
daily dimensional harvest function is estimated. The seasonal factors are investigated using dummy variables. The
results indicate that the seasonality is embodied in the catch ability coefficient of...
In many fisheries, the harvesting pattern shows considerable intra-year variation. These fluctuations give
challenges for downstream firms in value chains where predictability and continuity in the flow of production are important. Seasonal harvesting may well be rational from an economic perspective, as migration patterns can give huge variations in catch...
The Lofoten fishery exploits the spawning migration of the Northeast- Arctic cod and is one of the fisheries in the world with the longest history. Since 1860, data on participation and catches in the Lofoten fishery are available. For about a hundred years, labor productivity in this fishery, measured as...
Age and size at maturity are key life-history traits in a fish stock. At the individual level age and size at maturity affect fecundity, growth and survival. At the population level these factors interact to affect age and size distribution, the population dynamics and the productivity of the stock. A...
Capture-based aquaculture (CBA) is an industry that utilizes wild-captured specimens as stocking animals for ongrowing or storage. This yields an intriguing direct link between capture fisheries and aquaculture of these resources. Examples of CBA are collection of early life stages of many crustaceans and adolescent tunas for grow-out in aquaculture...
We develop a methodological approach using splines to analyze the deterministic population dynamics of fish stocks at low stock levels. Considering the aggregate Northern cod stock by way of illustration, we reject the hypothesis of strong compensation estimated by the conventional regression methods used by classic bioeconomic models.